Examples of Buyout Transaction in a sentence
The proposed Buyout Transaction is wrongful, unfair and harmful to Calgene's minority public stockholders, and represents an effort by defendants to aggrandize Monsanto's financial position and interests at the expense of and to the detriment of class members.
Pursuant to the proposed transaction, each of Calgene's minority owned common shares will be purchased for $7.25 per share in cash (the "Buyout Transaction").
Following any such request, the Owners shall cooperate in good faith to negotiate and execute definitive transaction documents for a mutually agreed Buyout Transaction not later than December 31, 2024, so as to allow the Owners to receive the applicable regulatory approvals not later than May 1, 2025 (or such other date as determined by the Operating Committee), and the transaction be consummated on or prior to December 31, 2028.
Subject to Section 9.6(b) and Article Twelve with respect to a Unit Interest Swap Transaction in the absence of a Buyout Transaction, nothing in this Agreement is intended to be, and shall not be deemed to be, a binding commitment or obligation on the part of either Owner to enter into or consummate any Buyout Transaction.
The Buyout Transaction is an at- tempt to deny plaintiff and the other members of the Class their right to share proportionately in the true value of Cal- gene's valuable technology, future growth in profits, earnings and dividends, while usurping the same for the benefit of Monsanto on unfair and inadequate terms.