Examples of Takeover Act in a sentence
MITE Corp., the Supreme Court of the United States held that the Illinois Business Takeover Act, which involved state securities laws that made the takeover of certain corporations more difficult, imposed a substantial burden on interstate commerce and therefore was unconstitutional.
With regard to partial offers pursuant to § 19 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG), Sentence 1 shall not be applicable.
The notification of January 16, 2014, pursuant to Section 23 Paragraph 1 Sentence 1 Number 3 of the German Securities Acquisition and Takeover Act (WpÜG) communicated that the voting rights share totaled 89.02% (equivalent to 44,244,113 voting rights).
Also, NJDEP has actively promoted the Small Water Company Takeover Act and pushed small water companies that need help in meeting the SDWA requirements to merge with larger systems that are better equipped to handle all the SDWA requirements.
Finally, paragraph 33 of the Takeover Act also renders golden parachutes offered by the bidder to the target’s management/directors illegal.
A change of control is deemed to occur when a person or a group of people acting jointly in the sense of section 2(5) of the German Securities Acquisition and Takeover Act (WpÜG) has acquired more than 30 % of the shares in the company.
The preparation of the following information is exclusively carried out in order to sat- isfy statutory requirements pursuant to the Takeover Act in the context of this Take- over Offer.
In the circumstances set out below, the Acceptance Period will in each case be extended automatically as follows:• In the event of an amendment of the Takeover Offer pursuant to section 21 of the Takeover Act within the last two weeks before expiry of the Acceptance Period, the Acceptance Period will be extended by two weeks (section 21 para.
Its business is focussed on two customer segments, Private and Small-Business Customers and Corporate Clients.B.16Controlling parties- not applicable -COMMERZBANK has not submitted its management to any other company or person, for example on the basis of a domination agreement, nor is it controlled by any other company or any other person within the meaning of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz).
In the case of an offer within the meaning of the Securities Acquisition and Takeover Act, the report must take place without delay following the publication of the decision to submit the offer.