Hurray Board Recommendation definition

Hurray Board Recommendation means the Hurray Board has, on the terms and subject to the conditions set forth in the Tender Offer Agreement, unanimously (i) determined that the Tender Offer Agreement and the transactions contemplated thereby, including the Offer, are in the best interests of Hurray and its shareholders, (ii) approved and declared advisable the Tender Offer Agreement and the transactions contemplated thereby, including the Offer, and (iii) recommended that Hurray's shareholders accept the Offer and tender their Shares to Shanda Music in the Offer.

Examples of Hurray Board Recommendation in a sentence

  • In addition, nothing contained in the Tender Offer Agreement will prevent the Hurray Board from complying with Rule 14d-9 or Rule 14e-2(a) under the Exchange Act; provided that any such action taken or statement made that relates to an Acquisition Proposal will be deemed to be an Adverse Recommendation Change unless the Hurray Board reaffirms Hurray Board Recommendation in such statement or in connection with such action.

Related to Hurray Board Recommendation