Biosystems Common Stock definition
Examples of Biosystems Common Stock in a sentence
Subject to the provisions of the Rights Agreement, the Rights evidenced by this Certificate (i) may be redeemed by the Company at a redemption price of $.01 per Right or (ii) may be exchanged in whole or in part for shares of Preferred Stock or shares of the Company's PE Biosystems Common Stock ("Common Stock") par value $.01 per share.
Upon the effectiveness of the Merger, all shares of Biosystems Common Stock, by virtue of the Merger and without any action on the part of the holders thereof, shall no longer be outstanding and shall be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares shall thereafter cease to have any rights with respect to such shares, except the right of holders to receive the Purchase Price.