Sentences with phrase «favor of the merger»

Many acquirors will require a certain percentage stockholder vote in favor of a merger in order to minimize the risk of stockholders exercising dissenters rights.

The problem is to unlock value there has to be a 2 / 3rds vote in favor of merger with a few other entities as apart of the liquidation process.

«The complexities [of the wireless industry] are not ones that counsel in favor of this merger based on the provable facts we have now,» Hovenkamp said.

«In general, owners aren't in favor of the merger because they're concerned about the immediate closures that would result,» says Brian Bern, a senior director with Franklin Street who has worked with both Staples and Office Depot on store dispositions.

Partners at both firms voted in favor of the merger in February, but some lawyers at DLA Phillips Fox chose to forego joining their larger counterpart in favor of leaving the global firm for smaller Aussie rivals.

Musk has recused himself from voting on the deal, but that doesn't stop him from doing media interviews, where he claims he expects a two - thirds majority in favor of the merger.

Norway's $ 790 billion sovereign wealth fund, which is the second and fifth - biggest investor in BG and Shell respectively, said on Wednesday it would vote in favor of the merger.

Walsh and Byrne will argue in favor of the merger.

Perez Williams did not cite a specific instance in which Walsh said he was in favor of the merger, but said he has changed his response depending on his audience.

In June, ChiACTS members overwhelmingly voted in favor of the merger, in spite of the fact that CTU actively opposes charter schools and many of its members would be happy to see the city's charters shut down.

Later, the IDPF announced that the vote was in favor of a merger, and therefore, they would move forward with the plan.

Accordingly, the board of directors strongly urges you to vote in favor of the merger and to make sure your affirmative vote is cast either directly by you or your broker if your shares are held in «street name».

Security Capital U.S. Realty, the largest shareholder of both companies, has agreed to vote its share in favor of the merger.