Examples of Cargill Common Stock in a sentence
Accordingly, the fair market value of the Westbank Common Stock and other consideration received by each Cargill shareholder in the Merger will be approximately equal to the fair market value of the Cargill Common Stock surrendered by such stockholder in exchange therefor.
The holding period for the shares of Westbank Common Stock received by a Cargill shareholder receiving Westbank Common Stock will include the holding period for the shares of Cargill Common Stock surrendered in exchange therefore (provided that such Common Stock of such Cargill shareholder was held as a capital asset at the Effective Time).
If the Westbank Market Value is less than $12.00, then 1.4167 fully paid and nonassessable shares of Westbank Common Stock will be exchanged for one (1) share of Cargill Common Stock.
No gain or loss will be recognized by any Cargill shareholder except those who elect to exercise dissenters' rights (except in connection with the receipt of cash in lieu of a fractional share of Westbank Common Stock) upon the exchange of Cargill Common Stock for Westbank Common Stock in the Merger.
The Duff & Xxxxxx Report shall be accompanied, for informational purposes only, by the most recent quarterly report prepared by Duff & Xxxxxx with respect to the valuation of the Cargill Common Stock.
The aggregate tax basis of the Westbank Common Stock received by a Cargill shareholder who exchanges Cargill Common Stock for Westbank Common Stock will be the same as the aggregate tax basis of the Cargill Common Stock surrendered in exchange therefor (subject to any adjustments required as the result of receipt of cash in lieu of a fractional share of Westbank Common Stock).
At the Effective Time of the Merger, each outstanding share of Cargill Common Stock will be converted into and become exchangeable for shares of Westbank Common Stock plus cash in lieu of any fractional share of Westbank Common Stock (the "Exchange Ratio"), as follows: 1.