Sentences with phrase «including liquidation»

The Merger Agreement contains certain termination rights for both VaxGen and OXiGENE, and further provides that, upon termination of the Merger Agreement under specified circumstances, including by VaxGen to pursue a superior transaction, as defined in the Merger Agreement (including a liquidation), or by OXiGENE to pursue a financing transaction with net proceeds of least $ 30 million, either party may be required to pay the other party a termination fee of $ 1,425,000 and to reimburse the other party's expenses up to $ 325,000.
We have reached this conclusion after analyzing other alternatives including a liquidation, an acquisition or staying the current course of new product development.
«The Merger Agreement contains certain termination rights for both VaxGen and OXiGENE, and further provides that, upon termination of the Merger Agreement under specified circumstances, including by VaxGen to pursue a superior transaction, as defined in the Merger Agreement (including a liquidation),...»
He stressed shareholder rights and options, including liquidation.
They focus on the most interesting results, namely, the 25 - year test on the full sample, net only of the taxes before liquidation, and the 10 - year test on the surviving funds, net of all taxes, including liquidation tax.
Our analysis indicates that these payouts, which we believe would be triggered by most «change in control» scenarios, including a liquidation, total at least $ 3 million, an incredible 20 % of the Company's entire market value.
Our analysis indicates that these payouts, which we believe would be triggered by most «change in control» scenarios, including a liquidation, total at least $ 3 million, an incredible 16.5 % of the Company's entire market value at the time of adoption.
Our analysis indicates that these payouts, which we believe would be triggered by most «change in control» scenarios, including a liquidation, total at least $ 2 million, a significant amount of the Company's entire market value at the time of adoption.
Convertible preferred shares are shares that include a liquidation preference over common shares (with angel transactions, usually the original investment price), and are convertible into residual value common shares.
Mezzanine securities, under our definition, are instruments which based on our purchase price show promise of giving the Fund an annual pre-tax cash return, or zero - coupon return of in excess of 20 %, and where there does not appear to be large risks of either a money default or of a contemplated transaction including liquidations, not closing.
The insolvency team advises on all aspects of corporate (including liquidations, administrations, receiverships, and voluntary arrangements), but with a particular focus on the insurance and reinsurance sector.

Not exact matches

Perth franchise group Quick Colour Print has gone into liquidation, adding to a string of Western Australian business collapses this month, including two substantial construction contractors and a min
Gift card holders are now among a vast group of creditors — including Toys R Us suppliers — that will be looking to get paid back through the liquidation process.
It bought the Hong Kong - based consumer electronics arm from Philips in 2014, and started to wind down the unsuccessful business — including formal liquidation proceedings in Hong Kong, the United Kingdom and six European countries — on April 30, according to court papers.
Recent retailers that met their demise in bankruptcy include Loehmann's Inc and Borders Group, which were sold to liquidation firms, and Coldwater Creek.
Variations on this theme include making formal or informal arrangements to pay off your creditors, filing for voluntary liquidation, and declaring bankruptcy.
[T] he dramatic increase in leveraged bond positions by both US hedge funds and mundane money managers set in motion self - reinforcing liquidations once uncertainty over emerging markets including Turkey, Venezuela, Mexico, and Malaysia - all of which experienced sharp capital flow volatility - put pressure on speculative positions.
The bill raises the asset threshold at which banks must comply with stricter capital and planning requirements, including yearly stress tests and developing «living wills» for an orderly liquidation in times of crisis.
The message also referred people to a FAQ page on the liquidation event, which notes that gift cards (including e-gift cards) can be used in stores through April 21.
There are several instances where conversion into common could be advantageous to a preferred shareholder including an acquisition of the company at a value well exceeding the liquidation preferences, where common shareholders receive a greater amount of the acquisition proceeds.
Past opportunities include claims, judgements, private notes and financings, loans, distressed secondaries, derivative contracts and other financial instruments in a variety of situations such as insolvencies, class actions, frauds and insurance liquidations.
Seed investors would still earn a 2.0 X return only if their preferred stock included a 2.0 X liquidation preference.
Their recent lessons include a dramatic spiking of volatility, the reactionary pricing of an exchange - traded note (ETN), some forced liquidation, and a blisteringly fast correction in stock prices.
Liquidation Value - The amount for which the assets of the Company can be sold, minus the liabilities owed, e.g., the assets of a bakery include the cake mixers, ingredients, baking tins, etc..
The loan terms include 18 - month repayment, a 2.2 x liquidation preference and effectively gives Alibaba veto power over future equity investments into Quixey.
Other exit strategies for investors include; sale of equity to another investor — that is secondary purchase, stock market floatation, and liquidation — that is involuntary exit.
These include those defining the economics of the deal, including pre-money valuation, option pool size, liquidation preferences, anti-dilution and dividends will be examined.
(Jan. 2010) This course reviews key concepts of private preferred stock equity investment deals including pricing & deal economics; investor control & governance; and terms for monitoring & preserving the investment, maintaining & increasing ownership, and liquidation preferences.
The class of stock grants special rights and privileges that usually provide greater protection and avenues of greater influence on company decision - making, these can include anti-dilution rights, pro-rata rights, and a liquidation preference.
This course also reviews key concepts of private preferred stock equity investment deals including pricing & deal economics; investor control & governance; and terms for monitoring & preserving the investment, maintaining & increasing ownership, and liquidation preferences.
Quart had also received backing from local officials, including Mayor Michael Bloomberg and Rep. Carolyn Maloney, who had rallied behind him almost immediately after Bing was tapped by Gov. Andrew Cuomo to serve as Special Deputy Superintendent of the New York Liquidation Bureau, which managed insolvent insurance companies.
The others include: Darryl Towns (housing czar), RoAnn Destito (OGS commissioner), and Jonathan Bing (special deputy superintendent of the NY Liquidation Bureau).
MathStar Inc's (OTC: MATH) board has rejected the $ 1.04 per share cash merger offer from PureChoice, Inc. because «the $ 1.04 per share price is less than the liquidation value of MathStar, including the value from any technology sale, and, in the Merger, MathStar's shareholders would derive no value from MathStar's net operating loss carryforwards.»
The liquidation value could be considerably higher again, as we have not included in the estimate the potential value of the AV411 assets and program, which could be worth an additional $ 10M to $ 25M or between $ 0.30 or $ 0.65 per share.
Highland Capital expressly lists various assets, including cash, currently held by [NTII] which are all capable of near - term liquidation.
MATH's board seems to agree, twice rejecting PureChoice, Inc's previous unsolicited merger proposals and now rejecting PureChoice, Inc for a third time, suspending the company's operations and exploring «strategic alternatives, which could include merger, acquisition, increasing operations in another structure or liquidation
In the event there is a change in the corporate structure of The Hartford, such as a merger, consolidation, sale, liquidation or transfer of substantial assets, The Hartford may, in its sole discretion, transfer, sell or assign information collected on and through this Site, including personal information about you, to one or more affiliated or nonaffiliated third parties.
The potential strategies that we may cause MathStar to pursue include a partial repurchase of Shares, an extraordinary dividend, liquidation, selling or licensing MathStar's technology assets, a business re-start in which MathStar would hire new personnel to improve and commercially exploit its technology assets, and / or a merger or other business combination.
IF Soap received something like 4.5 mm for software asset sale, the rest of the liquidation items could come in at the minimum (including the lease terminations) and soap would still have a value of appx.53, above its current.46.
MATH's board seems to agree, rejecting several unsolicited merger proposals from PureChoice, Inc, suspending the company's operations and exploring «strategic alternatives, which could include merger, acquisition, increasing operations in another structure or liquidation
MATH's board has suspended the company's operations and has been exploring «strategic alternatives, which could include merger, acquisition, increasing operations in another structure or liquidation
Forced margin liquidations may be subject to additional fees, including a broker assisted trade fee and / or brokerage commission.
Notes starting from July 18, 2009 Notes starting from June 25, 2009 include: Statistical Sameness; Rob Bennett on ABC; Lesson From Switching C; Understanding Switching D; DVY Continues to Disappoint; Opaque; Take 6 %; Take 6 % with Valuation Informed Indexing; Continuing Withdrawal Rates (July 2009); Looking at DVY; Failed Already; Lessons from the SWR Translator; Year 2000 Investments; Year 2000 Return Sequence; Permission Granted; Benjamin Graham on Timing; Computers and Timing; Exciting Conversation; Index Fund Comparisons; From the SWR Translator Graphs; Finite Liquidation Strategies; Investor's Prayer.
Liquidation value is calculated by discounting the value of all assets, including non-current, by factors that seem appropriate to the nature of the assets and their marketability.
Resource conversion — creating wealth through asset redeployments (including mergers and acquisitions, liquidations); liability redeployments; and management changes.
Deducting the $ 1.38 per share in liabilities (including $ 0.80 per share in debt) leaves a value in liquidation of around $ 134.9 M or $ 1.31 per share.
February 17, 2016 Wintergreen Advisers, LLC is pleased that Consolidated - Tomoka Land Co. has hired Deutsche Bank to pursue the directive of Wintergreen's Proxy Proposal: to explore strategic alternatives to enhance shareholder value, including the possible liquidation of assets or the sale of the company.
Chapter 7 is often referred to as «liquidation» bankruptcy because it will discharge most of your unsecured debt, including personal loans and credit cards.
The amount you'll have to repay in Chapter 13 depends on various factors including your income, expenses, types of debts, and liquidation analysis.
He calculated NNWC by discounting the current asset value of stocks in line with Graham's liquidation value discounts, but excludes the «Fixed and miscellaneous assets» included by Graham.
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