Sentences with phrase «receiving shareholder approval»

Perth company OTOC has joined TFS Corporation in receiving shareholder approval for a name change and rebranding, which both companies say will more accurately reflect their business models.

Exploration firm Energia Minerals says it has received shareholder approval to place $ 6 million towards its flagship Gorno zinc project in Italy, with pre-development activities planned to begin within six weeks.

The company is headlined by Alan Stein and Jon Taylor, both of whom will join the Azonto board as Managing Director and Technical Director after Azonto receives shareholder approval to change its name to Calima Energy.

Shares of First Cobalt have doubled in value since the company received shareholder approval for a three - way merger

BAC NYSE — April 27, 2016 It has been less than a year since Bank of America sought and received shareholder approval to unify the positions of CEO and chairman under the leadership of Brian Moynihan.

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»).

Not exact matches

For Maple to further convince shareholders, Ditmire says, it may also want to consider introducing a reverse breakup fee, which would compensate investors if they voted for the acquisition but it didn't proceed, if, for instance, Maple does not receive regulatory approval for Alpha and CDS.

In January 2017, the Group received approval of the Delaware Chancery Court for a $ 5.6 million settlement it achieved on behalf of a class of shareholders of Physicians Formula Holdings Inc. over an ignored merger offer in 2012.

While the proposal at the 2015 AGM received 67.4 % shareholder approval, the 2016 AGM looks to continue the Company's preferred approach of sticking to old habits that die hard rather than addressing underlying shareholder concerns, as it has again chosen not to disclose the maximum discount rate.

Aecon is a leader in Canadian construction, having built many of the country's construction landmarks including the CN Tower, St Lawrence Seaway, Vancouver Sky Train and Halifax Shipyards.While the deal has received both shareholder and director approval, it is currently stuck in regulatory limbo.

With the MetroPCS reverse merger with T - Mobile USA now lying in the hands of its shareholders after receiving all of the necessary regulatory approvals, the possibility of more device releases on MetroPCS with timely Android updates becomes more remote by the day as the carrier works to prepare itself for the merger, which will mean many changes to its operations, including its device lineup and makes the Premia a rare example of a device with proper post-launch support.

But even if their AquAdvantage Salmon receives final FDA approval, it's low on Cash and I'm not at all confident existing shareholders will properly reap the benefits...

VNDA was a net - net company, had an activist investor, and the board didn't need to be threatened with a proxy fight; they said right from the beginning that if their drug didn't receive FDA approval that they would immediately liquidate the company to the shareholders.

With an Equity Incentive Plan you can specify the type of employees eligible to receive incentive stock options; the minimum price per share of stock an employee must pay if they are granted the right to purchase stock (even though the employee owns more than the maximum percentage defined in the plan); the timeframe within which stock options can be granted under the plan after its adoption or approval by shareholders; the total number of shares to be issued to employees; and the conditions and time period for the expiration of stock options.

As a result of the transaction which has received both shareholder and court approval, senior secured creditors (including entities managed by Carlyle and affiliates of Värde Partners) hold 96 % of the shares in the new Bis holding vehicle, a Cayman exempted company.

The ISS Securities Class Action Services Top 50 of 2017 included all U.S. federal and state, and Canadian shareholder class actions with cash and / or stock settlements that received final court approval last year.

Not only must the first transaction equal at least 80 % of the trust account's value, but the deal also must receive approval from 80 % of the shareholders.