The Proposed Acquisition. Under the terms of the Proposed Acquisition, which shall be subject to the Conditions and further terms set out in Appendix 1 to this announcement and to the full terms and conditions which will be set out in the Offer Document and Form of Acceptance, Consort Shareholders will be entitled to receive: The Proposed Acquisition represents a premium of approximately: • 39.1 per cent. to the Closing Price of 726 xxxxx for each Consort Share on 15 November 2019 (being the last Business Day before the date of this announcement); and
The Proposed Acquisition. 2.1. Information on the Target Company, the Vendor and its ultimate beneficial owners
(a) The Target Company
The Proposed Acquisition. 4. In December 1996, Autodesk and Softdesk entered into an Agreement and Plan of Reorganization whereby Autodesk would acquire 100% of the voting securities of Softdesk in exchange for shares of Autodesk common stock with a value of $90 million (the “Acquisition”).
5. Autodesk is a public company that develops and markets computer-aided design (“CAD”) software for the architecture, engineering and construction (the “AEC”) industries. Autodesk offers a portfolio of software products including a CAD engine marketed and sold under the name “AutoCAD,” for use with Windows operating systems on personal computers. Autodesk has had annual sales in excess of $530 million.
6. Softdesk is a public company that also develops and markets CAD software for the AEC market. Softdesk has had annual sales in excess of $40 million. Softdesk offers a portfolio of applications software that are used in conjunction with and to supplement CAD engines, primarily Autodesk’s AutoCAD. Softdesk was also developing a CAD engine, known as "IntelliCADD."
The Proposed Acquisition. Concurrently with the execution of this Agreement, the Company is entering into that certain Agreement and Plan of Merger (the “Acquisition Agreement”) by and among the Company, Scripps Media, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Parent”), Scripps Faraday Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), Ion Media Networks, Inc., a Delaware corporation (“Target”), and BD ION Equityholder Rep LLC, a Delaware limited liability company, solely in its capacity as equityholder representative, pursuant to which Merger Sub will merge with and into Target, with Target being the surviving company (the “Surviving Company”), and as a result of which, Parent shall be the sole stockholder of the Surviving Company and the Surviving Company shall be an indirect wholly owned subsidiary of the Company (the “Acquisition”).
The Proposed Acquisition. In October 1996, CCI entered into a merger agreement with Triad Systems Corporation ( Triad ) and announced its intention to commence a tender offer for all of the outstanding voting securities of Triad. Under the terms of the tender offer, Triad shareholders will receive $9.25 per share, or a total of approximately $181 million. Immediately prior to the CCI acquisition of Triad, Hicks, Muse, Xxxx & FurstH( icks Muse ), a private investment firm based in Dallas, Texas, will acquire over 50 percent of CCI stock and gain control of CCI.
The Proposed Acquisition. On January 22, 2016, the Company entered into the MOU with the Vendor and Xxxxxxx Xxxxx in relation to the proposed acquisition of 51% of the equity interests in Wenzhou Guoda Investment Company* (溫州國大投資有限公司, the “Target Company”) from the Vendor by the Company through public bidding (the “Proposed Acquisition”), subject to the entering into of relevant formal agreement(s).
The Proposed Acquisition. On November 8, 2020, Casey’s entered into an agreement to acquire certain retail and wholesale fuel assets from Bucky’s and related entities (the “Acquisition”). The Commission’s Complaint alleges that the Acquisition, if consummated, would violate Section 7 of the Xxxxxxx Act, as amended, 15 U.S.C. § 18, and that the Acquisition agreement constitutes a violation of Section 5 of the Federal Trade Commission Act, as amended, 15 U.S.C. § 45, by substantially lessening competition for the retail sale of gasoline in seven local markets in Nebraska and Iowa, and by substantially lessening competition for the retail sale of diesel fuel in four local markets in Nebraska.
The Proposed Acquisition. PARAGRAPH FIVE: On or about October 16, 1996, Xxxxx and XxXxx entered into an agreement whereby Xxxxx will acquire 100 percent of the voting stock of OrNda, and OrNda stockholders will receive Xxxxx voting stock in exchange. Xxxxx will also assume OrNda debt. The total value of the transaction is about $3.1 billion. PARAGRAPH SIX: The relevant line of commerce in which to analyze the proposed acquisition is the production and sale of acute care inpatient hospital services and/or any narrower group of services contained therein.
The Proposed Acquisition. Pursuant to an Equity Purchase Agreement dated June 9, 2021, Buckeye will acquire 26 LLP terminals from Magellan for approximately $435 million (the “Acquisition”). The terminals are located in Alabama, Georgia, Missouri, North Carolina, South Carolina, Tennessee, and Virginia.
The Proposed Acquisition. Pursuant to the Cooperation Agreement, the Company proposes to acquire, by itself or by a company designated by it (“Proposed Purchaser”), 31% equity interests in 貴州產業投資基金管理有限公司 (English translation for identification purpose, Guizhou Industry Investment Fund Management Co., Ltd.) (“Fund Management Co.”) by making capital contribution of RMB15.5 million (“Proposed Acquisition”). Fund Management Co. is a limited liability company established in the People’s Republic of China (“PRC”). Guizhou Investment Group Co. is interested in 49% of the equity interests of Fund Management Co. The business scope of Fund Management Co. comprises entrusted management of equity investment funds, engaging in investment and financing management, corporate finance advisory and related information, engaging in investment in unlisted enterprises, and investment in non-public offering of shares of listed companies and related advisory services (subject to obtaining of permits for such business scope involving administrative approvals or consents). Completion of the Proposed Acquisition is subject to the Proposed Purchaser, as a foreign enterprise becoming a shareholder of Fund Management Co., having obtained all necessary approval and consent from the relevant regulatory authorities and having completed all certification or registration procedures in accordance with the applicable laws and regulations. Guizhou Investment Group Co. shall procure Fund Management Co. to undertake such approval and procedures. If such approval and procedures are not completed by 31 December 2014, the Proposed Purchaser’s obligation to proceed with the Proposed Acquisition will cease. Pursuant to the Cooperation Agreement, the Company and Guizhou Investment Group Co. agree to jointly assist Fund Management Co. to establish an investment fund (“Fund”), which would mainly focus on medical and healthcare projects, and corporate reform, restructuring and merger and acquisition projects, in Guizhou Province of the PRC. It is proposed that (a) Guizhou Investment Group Co. will be responsible for coordinating relationships with different parties, consolidating the resources and identifying appropriate investment projects for the Fund whilst the Company will be responsible for coordinating the raising of funds for investment projects of the Fund as approved by the Company; and
