Interstate Acquisition definition
Examples of Interstate Acquisition in a sentence
Patriot American Hospitality, $119,250,000 Interstate Acquisition Inc.
Interstate immediately shall cease and cause to be terminated all existing discussions or negotiations with any persons conducted heretofore with respect to, or that could reasonably be expected to lead to, 66 any Interstate Acquisition Proposal.
Notwithstanding the foregoing, the Board of Directors of Interstate may, after receipt of an unsolicited Interstate Acquisition Proposal, request such information as may be necessary to determine whether the Person or entity making such Interstate Acquisition Proposal has the ability and financial resources to consummate a Interstate Superior Proposal.
Each Stockholder will, and will cause its Representatives to, immediately cease all existing discussions or negotiations with respect to any of the foregoing and promptly (and in any event within one business day) advise MeriStar in writing of the receipt by such Stockholder of a request for information or any inquiries or proposals relating to a Interstate Acquisition Proposal.