Examples of Cash Merger Price in a sentence
No firm proposals were presented by the strategic buyers contacted and the Special Committee concluded that the proposals presented by the two other financial buyers generated lower values to the stockholders than the Cash Merger Price.
The written opinion, dated as of March 5, 1999, of Dunn Johnston (and the analysis presented to the Special Committee underlying such opinion) to the effect that, based on the assumptions made, matters considered and limits of the review undertaken by Dunn Johnston, the Cash Merger Price to be received by Uniflex's stockholders (other than stockholders who own Retained Shares) in the Merger was, on the date of such opinion, fair, from a financial point of view, to the stockholders.
Therefore, the Special Committee and the Board determined that there were significant risks involved in the Company achieving future growth that would support a price per share higher than the Cash Merger Price.
The Special Committee and the Board considered as a negative factor the fact that Acquisition's obligation to consummate the transaction is contingent upon Acquisition's ability to obtain the Financing contemplated by the Commitment Letters to pay the Cash Merger Price, to pay the value of the Options and to pay the fees and expenses in connection with the Merger and such financing.
The number of shares of Common Stock into which shares of Preferred Stock may be converted shall be determined by the dividing the Preferential Amount by the conversion price (which shall initially be the Cash Merger Price), reflecting an initial conversion rate of one-to-four.
As soon as reasonably practicable as of or after the Effective Time, the Surviving Corporation shall deposit with the Paying Agent, for payment in accordance with this Article II, the funds necessary to pay the Cash Merger Price and Preferred Merger Price for all Merger Shares and Series F Preferred.
At least two days prior to the Closing Date, the Corporation shall deliver to Newco a certificate which sets forth the estimated Cash Merger Price.
The Special Committee and the Board considered as a negative factor, the fact that Acquisition's obligation to consummate the transaction is contingent upon Acquisition's ability to obtain the Financing contemplated by the Commitment Letters to pay the Cash Merger Price, to pay the value of the Options and to pay the fees and expenses in connection with the Merger and such financing.
The Financial Advisor or its Affiliates shall be entitled to exercise any Warrants held by any of them in accordance with such Warrant's terms and, with respect to any Shares (including Shares issued upon exercise of any Warrant) can make an election to retain Shares or receive the Cash Merger Price in the Merger.
Except as otherwise provided herein, each issued and outstanding share of Common Stock (other than any share of Common Stock that is owned by Newco, Acquisition LLC or Holdings LLC and Retained Shares, each of which shall remain outstanding, shares cancelled pursuant to Section 2.1(b) and Dissenting Shares)(the "MERGER SHARES") shall be converted into the right to receive from the Surviving Corporation, in cash, the Cash Merger Price.