Information Statement definition
Examples of Information Statement in a sentence
As promptly as reasonably practicable after the execution of this Agreement, the Company shall, in accordance with its Charter Documents, provide to its stockholders an Information Statement and other appropriate documents pertaining to this Agreement, the Merger, the other transactions contemplated by this Agreement and the appraisal or dissenters’ rights that may be exercised under the DGCL in connection therewith (the “Information Statement”).
The Company shall ensure that the Information Statement shall: (i) include the unanimous recommendation of the board of directors of the Company in favor of the adoption and approval of this Agreement and the approval of the other transactions contemplated by this Agreement; and (ii) notify the stockholders of the receipt by the Company of the Required Merger Stockholder Vote and their appraisal rights pursuant to Section 262 of the DGCL.
Parent shall use commercially reasonable efforts to provide information reasonably necessary for the Company’s preparation of the Information Statement, and the Company shall (A) provide Parent with a reasonable opportunity to review and comment on the Information Statement in advance and prior to its distribution to stockholders of the Company and (B) consider in good faith all reasonable comments to the Information Statement provided by Parent.