Examples of Initial Merger Agreement in a sentence
On December 13, 2018, the Board approved the Initial Merger Agreement, which the parties executed that same day.
The Initial Merger Agreement contemplated a payment of $18.25 per share for the approximately 71 million outstanding HLSS shares,132 totaling roughly $1.3 billion in cash, plus the “assum[ption] [of] all the .
Under the terms of the Initial Merger Agreement, stockholders of 21CF would receive 0.2745 shares of Disney common stock for each share of 21CF common stock they own, subject to adjustment for certain tax liabilities (the “Initial Merger Consideration”).
In 2012 every unintentionally homeless person in Scotland will have a legally challengeable right to permanent accommodation.
Under the Initial Merger Agreement, Curaleaf would buy Grassroots for a mix of cash and stock in a deal valued at approximately $780 million (the “Initial Transaction”).4 Among other things, the Initial Transaction included a $75million cash payment to Grassroots’ stockholders.
On June 6, 2018, AmTrust entered into Amendment No. 1 to the Initial Merger Agreement (the “ Amended Merger Agreement”), which amendment, among other things, increased the Merger Consideration (as defined in such agreement) from $13.50 per share in cash to $14.75 per share in cash (the “Merger Consideration”).
While the Initial Merger Agreement provided that Curaleaf shares received by Grassroots stockholders in connection with the Merger would be subject to a lock-up provision through March 2021, the Subordinate Shares pursuant to the Amended Merger Agreement are subject to a 1 GR Companies, Inc.
Unless otherwise indicated, capitalized terms employed herein are intended to have the definitions set forth in the Complaint.economic sense for Rossiter, when the risks to him of managing Lear as a stand-alone company [were] taken into account.” Id. at 117.Immediately after the Company was forced to disclose the facts surrounding Rossiter’s “negotiation” with Icahn of the Initial Merger Agreement, Lear’s shareholders sent an unmistakable message: the deal was going to be rejected.
In re-negotiating the Initial Merger Agreement, Grassroots’ executives managed to lower the Company’s value by more than 10%.
Based on disclosures disseminated by the Company in connection with its consent solicitation for the Initial Merger Agreement, these forms of special compensation were not contemplated prior to the elimination of cash compensation to the Company’s stockholders.