Examples of Acquisition Offer in a sentence
The Independent Committee shall be granted full power and authority to retain and consult with independent investment banking advisors and such other experts and advisors as the Independent Committee shall deem necessary or appropriate and to take such other action as the Independent Committee shall deem necessary or appropriate in order to consider and evaluate the Acquisition Offer and to recommend to the Board of Directors thereon.
An Acquisition Offer must be a bona fide offer from a qualified third party to (i) purchase all of the outstanding MicroCor Stock, (ii) purchase all or substantially all the assets of MicroCor, or (iii) merge or otherwise combine MicroCor with one or more entities upon the consummation of which the holders of MicroCor Stock immediately prior thereto would hold less than 50% of the shares of the voting stock or other ownership interests in the surviving entity.
If a notice is sent to an Offeree under Section 5.28(b), the Acquiring Person is entitled and bound to acquire all of the Stapled Units of that Offeree that were involved in the offer for the same price and on the same terms contained in the Acquisition Offer unless a court of competent jurisdiction orders otherwise on an application made by that Offeree within two months after the date of the notice.
If the Acquiring Person has not, within one month after becoming entitled to do so, sent the notice referred to in Section 5.28(b), the Acquiring Person must send a written notice to each Offeree referred to in Section 5.28(b) stating that the Offeree, within three months after receiving the notice, may require the Acquiring Person to acquire the Stapled Units of that Offeree that were involved in the Acquisition Offer.
The value equivalent in the case of a merger or combination or where the consideration is other than cash as set forth in the Acquisition Offer must be supported by a fairness opinion rendered by a recognized business valuation expert.