Backend Merger definition
Backend Merger means a merger of the Company that is consummated following the consummation of a Permitted Investor Tender Offer in which holders of Voting Securities are entitled to receive at least the same consideration per Voting Security as was payable to holders of Voting Securities of the same class in such Permitted Investor Tender Offer. A Person will be deemed the "beneficial owner" of, and will be deemed to "beneficially own," and will be deemed to have "beneficial ownership" of:
Examples of Backend Merger in a sentence
In connection with the Acquisition, the Company, through its affiliates, has made a tender offer (the "Tender Offer") for all of the outstanding shares of ▇▇ ▇▇▇▇'▇ and, in the event that less than all of the outstanding shares of ▇▇ ▇▇▇▇'▇ are tendered, will acquire all of the outstanding shares of ▇▇ ▇▇▇▇'▇ pursuant to a statutory "short-form" merger (the "Back-end Merger").
Forest Acquisition Corporation shall remain a direct, wholly-owned subsidiary of the Company until the Back-end Merger is completed.