Common use of Transitory Nature of Merger Subsidiary Clause in Contracts

Transitory Nature of Merger Subsidiary. Buyer acknowledges that the Company has agreed to the structure of the merger on the basis that the transaction will be treated for federal income tax purposes as an acquisition by Buyer of the stock of the Company from the Company's shareholders.

Appears in 5 contracts

Samples: Merger Agreement (Pharmhouse Corp), Merger Agreement (Pharmhouse Corp), Merger Agreement (Phar Mor Inc)

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