Examples of Tribune Common Stock in a sentence
The shares of Tribune Common Stock to be issued in connection with the Merger, when issued as contemplated herein, will be duly authorized, validly issued, fully paid and nonassessable and will not be issued in violation of any preemptive rights.
This column includes (a) shares of Tribune Common Stock beneficially owned by executive officers under the Tribune Company 401(k) Savings and Profit Sharing Plan and (b) options exercisable within 60 days of April 1, 2007.
To reflect the issuance of 84.8 million shares of Tribune Common Stock at a value of $35 per share.
However, if you exchange your Shares for a combination of Tribune Common Stock (in the Merger) and cash (in the Offer and/or Merger), you will recognize gain, but not loss, in the exchange.
The tax basis of Tribune Common Stock received in the Merger will be equal to the tax basis of the Shares surrendered (or considered surrendered) in exchange therefor, increased by any gain recognized (including any amount treated as a dividend) and decreased by any cash received in the transaction, provided that the Shares were held as a capital asset.
For example: If you tender 75 percent of the shares in your account, then 75 percent of those shares will be tendered from your Tribune Common Stock Fund and your Tribune Common ESOP Stock Fund.
The amount of gain that you realize in the exchange will equal the excess of (i) the sum of the cash plus the fair market value of the Tribune Common Stock received in the exchange over (ii) the tax basis of the Shares surrendered.
GreatBanc negotiated the terms of the ESOP’s investment in the LBO, including the price to be paid by the ESOP for the shares of Tribune Common Stock to be purchased by the ESOP.
If you exchange all of your Shares in the Merger solely for shares of Tribune Common Stock, your receipt of Tribune Common Stock would not be a taxable transaction for federal income tax purposes, other than gain attributable to the receipt of cash in lieu of fractional shares of Tribune Common Stock, which will generally be treated as received in a redemption and would generally give rise to capital gain or loss.
The general distribution of professions across population is causatively irrelevant to Steve‘s individual choice of occupation.