Examples of Proposed Offer in a sentence
From the net cash position (cash and cash equivalents plus restricted cash minus short-term bank borrowings) perspective, as of June 30, 2010, based on the latest unaudited financial reports of QXM available prior to the announcement of the Proposed Offer, the net cash position of each QXM ordinary share was US$6.67.
The Independent Committee, after reviewing the Proposed Offer, has concluded that the Proposed Offer is not acceptable.
Other Board committees Special Committee of Independent Directors In response to a proposed offer to the Company’s shareholders announced by Bema (the “Proposed Offer”) on December 20, 2004, the directors appointed a Special Committee of Independent Directors of the Board to review the Proposed Offer and, if appropriate, to initiate steps designed to maximize value for all of the Company’s shareholders.
Table of Contents The Committee welcomes your statement that IDT is prepared to expeditiously furnish the Committee and its advisors with the materials that may be required to evaluate the Proposed Offer.
On May 5, 2005, Bema announced that it did not intend to proceed with its previously announced Proposed Offer.
The cost incurred to April 30, 2005 relating to the Proposed Offer totalled $1,659,872.On May 5, 2005, Bema announced that it did not intend to proceed with its previously announced Proposed Offer.
Notwithstanding the foregoing, no legally binding agreement shall arise or exist with respect to any Proposed Offer unless and until a definitive agreement is executed and delivered containing such terms, provisions, representations, warranties, covenants and conditions, as are approved by IPC and the Company.
Fees associated with the Special Committee meetings for the year ended April 30, 2005 of $192,000 were included in the Legal, advisory and Special Committee costs related to Proposed Offer category.
Defendants knew or have recklessly disregarded the fact that the Proposed Offer contains untrue statements of material fact and omissions of material facts.
Techniclone has confirmed to Schering its willingness to enter into a License and Development Agreement in respect of the VTA Technology in accordance with the terms set out in Exhibit D (the "Proposed Offer").