Examples of Offeror Group in a sentence
For purposes of this Section 3.02, the term "Offeror Group" shall, if the Offeror (as defined in Section 3.02(b)) is Norsworthy, refer to each member of the Norsxxxxxx Xxxup and any Affiliate Transferees having a relationship to one or more members of the Norsxxxxxx Xxxup and, if the Offeror is Acridge, such term shall refer to Acridge and any Affiliate Transferee having a relationship to Acridge.
The name, citizenship, business address, business phone number, principal occupation or employment and five-year employment history for each of the directors and executive officers of each of the entities in the Offeror Group is set forth on Schedule I to this Offer to Purchase.
Meanwhile, although the Tender Offeror and the Target Company has been operating their business under the common corporate philosophy as the Tender Offeror Group, the decision-making structure of the group including listed subsidiaries has become complicated due to separate management decision-making by each board of director of respective company attending to the shareholders’ interests.
If Parent and Purchaser were to pursue any of these alternatives, it might take considerably longer for the stockholders of Rewards that are unaffiliated with the Offeror Group to receive any consideration for their Shares (other than through sales in the open market or otherwise) than if they had tendered their Shares in the Offer.
Defendant Square Limited is a Cayman Islands entity that is wholly owned by members of the Offeror Group.