Examples of New Fox in a sentence
Additionally, if the final estimate of the tax liabilities is lower than $8.5 billion, Disney will make a cash payment to New Fox reflecting the difference between such amount and $8.5 billion, up to a maximum cash payment of $2 billion.
New Fox Subsidiaries The Xxxx Disney Company Twenty−First Century Fox, Inc.
Following the distribution, the example 21CF stockholder will have, in the aggregate, 8 shares of New Fox common stock of the same class as its 21CF shares and 96 shares of 21CF common stock, which 21CF shares will remain issued and outstanding until the 21CF merger.
In the event that DWA approves a given Existing Fox Output Deal or New Fox Output Deal pursuant to this Paragraph 9(e), such Existing Fox Output Deal or New Fox Output Deal, as applicable, shall be deemed approved by DWA for any and all Qualified Pictures released during the Output Term and licensed to Fox hereunder (and, if applicable, any other Licensed Pictures).
Existing Disney Stockholders Covered stockholders(2) Other former 21CF stockholders Covered stockholders(2) Other former 21CF stockholders New Disney New Fox, Inc.
Fox shall not be obligated to include any Licensed Pictures that are not Qualified Pictures in any Existing Fox Output Deals or New Fox Output Deals that (A) relate to new theatrical releases only, (B) enumerate specific titles, and/or (C) contain volume restrictions for catalogue product.
Consideration for the Distribution Merger (Page 255) Following completion of the distribution, each 21CF stockholder (other than holders of the hook stock shares) will hold ownership interests in New Fox and 21CF proportionately equal to its existing ownership interest in 21CF (excluding the hook stock shares).
The U.S. federal income tax consequences of the receipt by 21CF stockholders of New Fox common stock in the distribution are uncertain.
In this example, 20% (1/5) of each share of 21CF common stock (other than hook stock shares) will be exchanged in the distribution for 1/3 of one share of New Fox common stock of the same class.