Galaxy Brands Merger has the meaning provided therefor in the recitals.
Galaxy Brands Merger means, collectively, (a) the merger of Universe Galaxy Merger Sub, Inc. with and into GBH, with GBH as the surviving entity, and (b) the subsequent merger of GBH with and into SBG Universe Brands, LLC, with SBG Universe Brands, LLC as the surviving entity, which mergers occurred on August 15, 2014.
Galaxy Brands Merger means the merger of Universe Galaxy Merger Sub, Inc., a Delaware corporation, with and into GBH on August 15, 2014, with GBH as the surviving entity, and immediately following such merger, the merger of GBH, as a wholly owned Subsidiary of SBG Universe, with and into SBG Universe, with SBG Universe as the surviving entity.