Sentences with phrase «shareholders of both companies approved»

Shareholders of both companies approved that deal earlier this year, and company leaders expect it to close in the second half of 2018.

On May 14, 2009, Northstar Neuroscience, Inc. (the «Company») held a special meeting of shareholders, at which the shareholders of the Company approved the voluntary dissolution and liquidation of the Company pursuant to a Plan of Complete Liquidation and Dissolution (the «Plan»).

Not exact matches

The transaction was unanimously approved by the board of directors of both companies and is expected to close in the second half of 2018, if it's approved by regulators and shareholders.

Employee stock - option programs are typically authorized by a company's board of directors (and have historically been approved by the shareholders) and give the company discretion to award options to employees equal to a certain percentage of the company's shares outstanding.

A Chinese consortium is set to take ownership of the Dampier to Bunbury gas pipeline and several power stations across Western Australia, after regulators and shareholders today approved the $ 7.5 billion takeover of listed company DUET Group.

SolarCity shares were up more than 1 percent, and shares of Tesla Motors were up slightly after shareholders for the two companies voted Thursday to approve a merger.

CAPRICORN Resources Australia shareholders have approved a major restructuring of the company, including the acquisition of B2B.net.

The statement of claim also alleges that Ferro massively diluted the existing shareholders by issuing Soon - Shiong shares worth about 13 % of the company (Tribune says «The stock sales to Merrick Media and Nant Capital were approved by the Board of Directors and will provide valuable growth capital to allow the company to execute on its new value - creating business plan).

For example, the expected timing and likelihood of completion of the proposed merger, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed merger that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement, the possibility that Kraft shareholders may not approve the merger agreement, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Kraft's common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Kraft and Heinz to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally, problems may arise in successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected, the combined company may be unable to achieve cost - cutting synergies or it may take longer than expected to achieve those synergies, and other factors.

The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the shareholder proposals.

Unless you indicate otherwise, the persons named as proxies on the proxy card will vote your Shares: FOR the election of each of the nominees for director named in this proxy statement; FOR the ratification of E&Y as Walmart's independent accountants for fiscal 2014; FOR the non-binding advisory resolution to approve the compensation of the company's NEOs; FOR the approval of the Management Incentive Plan, as amended; and AGAINST each of the shareholder proposals appearing in this proxy statement.

Under the NYSE rules for member organizations: (i) the election of directors; (ii) the non-binding advisory vote to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) each of the shareholder proposals described in this proxy statement are not matters on which a broker may vote without your instructions.

The State of Delaware, where a majority of American companies are incorporated, technically requires only that either the disinterested directors or disinterested shareholders approve the deal, but the standard practice is to do both.

At any meeting at which a quorum has been established, the affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.

Under the terms of the merger agreement, which has been unanimously approved by the Boards of both companies, ILG shareholders will receive $ 14.75 in cash and 0.165 shares of MVW common stock for each ILG share.

Because shareholders of those same companies may find it difficult to initiate such a change, given the difficulties of collective action, a legislative change requiring a split leadership structure but permitting shareholder - approved opt outs may improve governance for many companies while imposing relatively minor costs on companies generally.

Review and recommend to the Board for approval the frequency with which the Company will conduct «Say on Pay» votes, taking into account the results of the most recent shareholder advisory vote on frequency of Say on Pay votes required by Section 14A of the Exchange Act, and review and approve the proposals regarding the Say on Pay vote and the frequency of the Say on Pay vote to be included in the Company's proxy statement.

The vote - counting methodology used by the Company does not inherently favor proposals submitted by the Board over proposals submitted by shareholders, as the vote - counting standard for approving any proposal other than for the election of directors is identical.

The Board believes that it is the responsibility of any person putting a proposal forward for shareholders to approve — regardless of whether the Company or a shareholder proponent — to persuade shareholders owning a majority of the shares that vote to support the proposal.

The Compensation Committee, which administers the 2003 Plan and will administer the 2014 Plan, if approved, recognizes its responsibility to strike a balance between shareholder concerns regarding the potential dilutive effect of equity awards and the ability to attract, retain and reward employees whose contributions are critical to the Company's long - term success.

The election of directors (Proposal No. 1), the other proposals for the amendment of the Company's Articles (Proposal No. 2, and No. 3), the non-binding advisory resolution approving the Company's executive compensation (Proposal No. 6), the proposal to approve the Apple Inc. 2014 Employee Stock Plan (Proposal No. 7), and the five shareholder proposals (Proposals No. 8, No. 9, No. 10, No. 11, and the Floor Proposal) are considered non-routine matters under applicable rules.

It is possible that the announcement of the partnership with Panasonic, along with the rumored unveiling of the solar roof on Oct. 28, will look to showcase what the merged company is capable of in advance of the upcoming shareholder vote to approve the proposed transaction.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

However, the partnership is contingent on the shareholders of Tesla Motors and SolarCity approving the planned merger of the two Elon Musk - owned companies.

His measure calls for a share buyback and is in the form of a precatory proposal, which means that even if a majority of Apple shareholders approved, it would not be binding on the company's management.

Shareholders of Calgary - based construction company Aecon have voted overwhelming to approve a C$ 1.5 - billion takeover of the company by a Chinese firm.

Israel becomes the latest market to approve legislation to require shareholder consent of compensation to companies» senior executives.

Back in December, shareholders in Aecon Group Inc. voted to approve a $ 1.5 - billion takeover of the Canadian construction company by a Chinese state - owned CCCC International Holding Ltd..

Mr. Dell's investment means he will maintain control of the company if its shareholders approve the deal.

American Brewing already has more than 100 shareholders — the largest of whom is Fallon — and once the company is approved by the regulatory agencies, it will be listed as an over-the-counter stock so it can be publicly traded.

Regulators and shareholders from Kraft still need to approve the deal, but the boards of both companies have unanimously approved it.

Mr. Roth is also a majority shareholder in National Beef and isn't his company the producer of Mc Donald's hamburgers — Jo Ann Smith the USDA official that approved pink slime sits on Tyson's Board of Directors... connect the dots.

HOLLISTON, Mass., May 13 / PRNewswire / — Nyer Medical Group, Inc., («Nyer») announced that on May 12, 2010, pursuant to its previously announced, shareholder - approved Plan of Dissolution, the Board of Directors of the Company approved a sole and final liquidating distribution of $ 2.08 per common share to holders of the Company's common stock as of record date.

Dividends are payments approved by a company's Board of Directors to its shareholders from its earnings.

Demutualization is the process of converting a mutual life insurance company, owned by its policyholders, to a publicly traded stock company owned by shareholders, pursuant to a plan of conversion approved by government regulators.

If the Company's shareholders approve the Plan, the Company intends to file articles of dissolution, satisfy or resolve its remaining liabilities and obligations, including but not limited to contingent liabilities and claims, ongoing clinical trial obligations, lease obligations, severance for terminated employees, and costs associated with the liquidation and dissolution, and make distributions to its shareholders of cash available for distribution, subject to applicable legal requirements.

But under current state law shareholders can elect to move their company to another jurisdiction only if the existing board of directors approves such a move — and those incumbent boards will want to stay in the management - friendly states they already inhabit.

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

On July 13, 2009, pursuant to the Plan of Dissolution, the board of directors of the Company approved an initial liquidating distribution of $ 2.06 per share to the shareholders of record of the Common Stock as of the Effective Date.

Regarding AABVF, If the merge between them and Dacha doesn't happen and is not approved by Aberdeen shareholders I will buy shares of the company.

United & Continental Airlines Shareholders Approve Merger, Form World's Largest Airline United and Continental Airlines shareholders approved the merger of their companies on Friday, forming the world's largShareholders Approve Merger, Form World's Largest Airline United and Continental Airlines shareholders approved the merger of their companies on Friday, forming the world's largshareholders approved the merger of their companies on Friday, forming the world's largest airline.

That acquisition was approved by shareholders of both companies on Friday.

In their own show of optimism, shareholders of Tesla and SolarCity approved a merger of the two companies, with Elon Musk rolling out a new BIPV Solar Roof product very unlike past solar shingle efforts, and putting plans for the «Gigafactory» in upstate New York back on schedule.

COAL: • Ameren shareholders approve a resolution calling on the company to detail local impacts of its coal ash storage sites.

Earlier this year, E.ON's shareholders approved a split of what was once Germany's largest utility that spun off its fossil fuel - fired business into a new company, Uniper.

In Belize Telecom, the articles of association of Belize's privatised national telecoms company expressly allowed a government - approved special shareholder to appoint and remove directors, where it held more than 37.5 % of the company's issued share capital: the Privy Council decided that a term could be implied that directors appointed pursuant to that provision must vacate office if the special shareholder's share capital fell below 37.5 %.

The boards of directors of both companies have approved the transaction but has yet to be voted in by Jimmy Choo's shareholders.

That moment arrived on January 17, when a Dutch court approved a settlement between global non-U.S. investors and the reinsurer Converium Holding AG, even though the company is Swiss — and less than 2 percent of the shareholders are Dutch.

The vote on the remuneration policy will in principle be binding, which means that companies are only able to pay remuneration on the basis of the policy approved by shareholders.

Shareholders of electric automaker Tesla have approved a plan that could offer CEO Elon Musk a $ 2.6 billion compensation, provided the company can meet its ambitious targets.