Star Merger definition
Examples of Star Merger in a sentence
Contemporaneously with the execution of this Agreement, the Company, the Parent and Atlantic Star Merger Sub Ltd.
Thus, the subsequent Star Merger should not disqualify the TPC Merger as a tax-free reorganization.
The Star Merger is not a condition to the occurrence of the TPC Merger (although the TPC Merger is a condition to the Star Merger).
For purposes of the Star Merger, continuity of interest must exist in the "historic shareholders" of EFCC.
Under the interdependence test, TPC and EFCC intended to complete the TPC Merger whether or not the Star Merger was finalized.
There is a real possibility that the TPC Merger will occur without the closing of the Star Merger.
There are valid business reasons for the TPC Merger, such as to effect desired operating efficiencies in the corporate structure of EFCC by simplifying the current two-tiered structure, which no longer serves any business purpose and entails a substantial cost to maintain due to dual financial reporting, disclosure and administrative requirements, and to make it more attractive to Star or any other potential purchaser if the Star Merger does not close.
The total cash consideration that will be paid in the Star Merger to the EFCC shareholders instead of issuing fractional shares of Star stock will not exceed one percent of the total consideration that will be issued in the Star Merger to the EFCC shareholders in exchange for their shares of EFCC stock.
In connection with the Star Merger, EFCC and Star will enter into a Consulting Agreement pursuant to which Star will render to EFCC consulting and advisory services in connection with the management, operation and supervision of EFCC.
January __, 1997 Page 2 ▇▇▇▇ acknowledges that your tax opinion may not accurately describe the effects of the Star Merger if any of the foregoing facts or representations are inaccurate.