Sentences with phrase «shareholder approval -lsb-»

Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) announced today that it has received shareholder approval for the going private transaction pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the issued and outstanding common shares of Brookfield Residential that Brookfield Asset Management Inc. and its affiliates do not already own for cash consideration of US$ 24.25 per Common Share by way of a plan of arrangement (the «Arrangement»).

The merger, which is subject to shareholder approval, regulatory and tax clearances, and customary conditions, is expected to close early next year.

Additional Business Development Companies (BDCs) are likely to seek board and / or shareholder approval to increase leverage to 2.0 x from 1.0 x following recent changes from the Small Business Credit Availability Act, which was signed into law on March 23, 2018.

The agreement is subject to the satisfaction of customary closing conditions, including the expiration of U.S. antitrust waiting periods and shareholder approval of both companies.

The merger, which is subject to shareholder approval, is...

The restructuring, pending shareholder approval, would involve L.A. - based Westfield America Trust, London - based Westfield Trust and Sydney, Australia - based Westfield Holdings, Ltd. combining into one $ 25 billion entity called Westfield Group.

The conclusion of the strategic framework agreement is subject to the confirmation of due diligences and Delta Africa shareholder approval.

Into Africa While remaining a JSE - listed landlord of reference for government and other empowerment - driven tenants, Delta will maintain a significant interest in Delta Africa (to be renamed Mara Delta Property Holdings Limited subject to shareholder approval) to benefit from exposure to the high growth opportunities on the African continent.

Subject to shareholder approval, Delta Africa will be renamed Mara Delta, following a recently announced unique strategic relationship with The Pivotal Fund Limited («Pivotal»), which will see the enlarged company increasing its assets under management from a current $ 200 million to approximately $ 500 million.

Given Monex's classification as a publicly - owned entity, the acquisition would need shareholder approval.

Shareholder approval -LSB-...]

SAP's subsidiary, SAP America, Inc., is offering $ 45 per share for the platform, and plans to close the deal during the third quarter, pending Ariba shareholder approval of the sale.

There was no need for further shareholder approval, subject to TSX Venture Exchange acceptance, for the board to proceed with this change.

EIC Services Ltd v Phipps [2004] 2 BCLC 589 Whether a bonus issue of shares was valid, including issues of shareholder approval, common mistake and s. 35A of the Companies Act 1985, (Acted for the Claimant, instructed by Jones Day Gouldens).

EIC Services Ltd v Phipps [2004] 2 BCLC 589 (Neuberger J. — Chancery Division); [2005] 1 WLR 1377 (Court of Appeal) Question whether a bonus issue was valid; involving issues of shareholder approval, common mistake and Section 35A of the Companies Act 1985.

A company's proposal to seek shareholder approval at the annual meeting to change its corporate name does not, by itself, require that company to file a preliminary proxy statement, according to the staff of the Division of Corporation Finance.

The deal, which is subject to shareholder approval, Interserve acquire Rentokil subsidiary Initial Facilities via a bank facility and share placement.

The FRONTEO name will become effective July 1, 2016 pending shareholder approval on June 29, 2016.

A company's proposal to seek shareholder approval at the annual meeting to change its corporate name does not, by itself, require that company t

Slaughters corporate partners Rebecca Cousin and Jeff Twentyman are leading for Reckitt and Indivior, the company's addiction control - focused pharma division, which will be demerged from the FTSE 100 group once shareholder approval is granted in December.

Granada Group Limited v The Law Debenture Trust Corporation plc [2015] EWHC 1499 (Ch) Whether shareholder approval was needed for the grant of a charge to Law Debenture as trustee to secure pension promises to directors of the company or whether the pension scheme exemption applied.

The rules, which come into force on 1 October, state that directors must get shareholder approval and set limits on what benefits are acceptable and unacceptable before accepting them.

Prichard has been an independent director of BMO since 2000 and upon shareholder approval at BMO's annual meeting in Halifax on March 20, 2012, the company intends to appoint him to the chairman's position to replace the retiring David A. Galloway.

Subject to shareholder approval, he will become NCL managing director, and transfer from NOA in Redmond, Wash., to NCL headquarters in Kyoto, Japan.

The agreement is subject to the previously mentioned Gaylord Entertainment shareholder approval, which is expected in August, as well as lender consent to amendments to Gaylord's credit facility and other customary closing conditions and regulatory approvals.

Shareholder privileges usually include voting rights on issues that require shareholder approval and electing the directors of the entity.

The following investment strategies, risks and limitations supplement those set forth in the prospectus and may be changed without shareholder approval unless otherwise noted.

Except as explicitly described otherwise, the strategies and policies of the fund may be changed without shareholder approval.

The investment objective for each fund is not fundamental and therefore may be changed by the funds» Board of Trustees without shareholder approval.

Pending shareholder approval (which is a lot like saying «pending the rising of the sun»), Stratus Government Securities (STGSX) and Stratus Growth (STWAX) will liquidate on June 10, 2016.

On November 10, Royce announced that Mr. George was leaving to join Toronto - based Sprott Asset Management and that, pending shareholder approval, Privet and Focus were going with him.

The merger with the Burlington Northern Santa Fe Railway (BNSF) closed upon BNSF shareholder approval in 1Q2010.

Some small credit to US management, they usually accept a reduced number of options in exchange and even seek shareholder approval on occasion.

Answer: A proxy fight to replace the board and liquidate the company is on paper pending shareholder approval too!!!

The release disclosed that the plan calls for the company to distribute all available cash (between $ 2.72 and $ 2.91 per share) as soon as shareholder approval is obtained.

Following shareholder approval of the Plan and the filing of articles of dissolution, the Company would delist its common stock from NASDAQ.

The Company's Board of Directors has approved a Plan of Complete Liquidation and Dissolution of the Company (the «Plan»), subject to shareholder approval.

We look forward to finalizing definitive documentation as expeditiously as possible and to presenting this transaction for shareholder approval in due course.»

The Board of Directors has the authority and discretion, without shareholder approval, to issue preferred stock in one or more series for any consideration it deems appropriate, and to fix the relative rights and preferences thereof including their redemption, dividend and conversion rights.

Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash assets, on such terms and at such prices as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining assets of the Company, and, subject to statutory limitations, to take all other actions necessary to wind up and liquidate the Company's business and affairs.

They can't but this deal is on paper pending shareholder approval!

Next the tiny Franklin Mutual Recovery Fund (FMRAX) is looking, with shareholder approval, to merge into the Franklin Mutual Quest Fund (TEQIX) likely around the end of August.

The Jordan Fund (JORDX) is merging into the Meridian Equity Income Fund (MRIEX), pending shareholder approval.

Our Board of Directors has the authority, without shareholder approval, to issue such preferred stock in one or more series and to fix the relative rights and preferences thereof including their redemption, dividend and conversion rights.

The tiny, one - star Franklin All Cap Value Fund (FRAVX), a fund that's about 60 % small caps, is slated to merge with huge, two - star Franklin Small Cap Value Fund (FRVLX), pending shareholder approval.

McKinley Diversified Income Fund (MCDRX) is merging with Innovator McKinley Income Fund (IMIFX), pending shareholder approval.

Examples of the lack of good corporate governance that are blatantly hostile to shareholders abound and include: (i) the retention of a staggered board, (ii) the adoption of a poison pill without shareholder approval and at the extremely low trigger of 10 %, and (iii) the refusal by the Board to allow shareholders to vote on whether our offer was sufficient.

Shareholder approval was given at the annual meeting on August 4.

It has been endorsed by the Board and is awaiting shareholder approval.

The Proxy statement requesting shareholder approval for the liquidation, first issued in mid-May, continued to use the first quarter NAV estimates of liquidation proceeds, $ 13.79 to $ 15.79 per share.