Sentences with phrase «shareholder approval from»

If a stock goes from $ 100 to $ 20 and then stays at $ 20 for a few years and then you offer to take it over at $ 30 - in a big, liquid stock you'll have a very real chance of getting overwhelming shareholder approval from an offer that wouldn't be entertained by a handful of owners of a privately held business.

Not exact matches

Diess said Thursday at the shareholder meeting that company's six divisions would make their own decisions and without always getting approval from the top.
Noble has won the backing of its senior creditors, but also needs approval from a majority of its shareholders at a special general meeting, for which a date has not been announced.
The wild card could be a hostile offer from a rival bidder while the Disney - Fox deal awaits approval from regulators and shareholders.
Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two - thirds of the votes cast by QHR shareholders at a special meeting to be held in October.
The growing opposition from major shareholders could be a big problem for Dell because in order for the company to go private, he needs the approval of the majority of shareholders, excluding his stake in the company.
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.
Gawker, it turns out, plans to sell a minority stake to Columbus Nova, pending approval from Gawker's shareholders, to finance the company's ongoing legal fight with Terry Bollea, also known as Hulk Hogan.
The offer puts the price of each SolarCity share at $ 26.50 to $ 28.50, but it will require approval from shareholders.
The separation, which does not require a shareholder vote, remains subject to market conditions, customary regulatory approvals, an affirmative ruling from the US Internal Revenue Service, the execution of separation and intercompany agreements, and final board approval.
Any deal would require approval from Lynas shareholders at the annual general meeting on November 30 but could help shore up the company's balance sheet after a sustained lull in the prices for rare earths.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
By the end of 2018, the newly named Arq Group (the name change is pending shareholder approval on May 28) will also have grown its workforce from only 70 people four years ago to 1100.
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
The Company will seek a waiver from NYSE American's shareholder approval requirements in circumstances where the securities issuance does not trigger such a requirement under British Columbia law or under the rules of the Toronto Stock Exchange.
He excused himself from voting, but admitted to lobbying large institutional shareholders for an approval.
The closest shareholders came to rebellion came from the lower voter approval for re-electing Murdoch's two sons, Lachlan and James.
The transaction is subject to shareholders» approval and anti-trust review from the relevant authorities.
«From the point that Saputo was granted FIRB approval, the MG offer was not capable of being acted on by WCB shareholders in the same time period,» the MG statement noted.
The warrants will be exercisable upon the approval by the Company's shareholders of the amendment to the Company's articles of incorporation to increase the number of authorized shares of Common Stock, and will expire five years from such date.
According to Mr. Nkrumah, the management of ADB bank requested approval from significant shareholders of the bank for McDan's loan application.
The value of the deal for Genzyme's shareholders is contingent on the success of alemtuzumab in treating MS; the first milestone is for the drug to gain approval from the US Food and Drug Administration before the end of March 2014.
Approval from one, or both, markets would be a definite game - changer, and would usher in a new wave of revenue / profit growth for the company & its shareholders.
However, the amount involved was less than $ 10m so it was exempt from independent shareholders» approval.
Following shareholder approval of the Plan and the filing of articles of dissolution, the Company would delist its common stock from NASDAQ.
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.
The acquisition still requires approval from Mantra shareholders as well as approvals from the Federal Court and the Foreign Investment Review Board.
Lt. (NCL), barring approval from Nintendo shareholders.
Subject to shareholder approval, he will become NCL managing director, and transfer from NOA in Redmond, Wash., to NCL headquarters in Kyoto, Japan.
As long as the non-binding proposal meets a list of qualifications and gets approval from the SEC, it has to be placed on the company's proxy statement and voted on during the next shareholder meeting.
The deal represents the first time non-lawyers will stand to profit from a law firm as shareholders and is more than double the size of that proposed by Perth firm Integrated Legal Holdings last year, which is still pending regulatory approval.
We assist at all phases of this process, from negotiating complex shareholder agreements to effectuating the ordinary course corporate approvals necessary to move the deal forward.
The most prurient aspect of the dispute concerned the allegations by CanniMed's special committee that the locked - up shareholders had been heavily involved with Aurora and others in orchestrating and facilitating the Aurora bid, such that the locked - up holders should be considered «joint actors» (this characterization would have significant disclosure implications and make the bid more difficult by excluding those shares from the 50 - per - cent minimum tender condition and from any minority approval of a subsequent acquisition transaction).
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.
The acquisition transaction was subject to approvals from shareholders, Singapore Exchange Securities Trading Ltd and unit holders of Religare Health Trust and has now been closed after obtaining these approvals.
The companies are now waiting for approval from the FSA and shareholders, and the official announcement of the deal may be made this week.
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.
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.
The deal requires the approval of at least 66 votes from shareholders of Canadian REIT; the vote is expected in April.
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.
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.
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