Sentences with phrase «shareholders accepting the deal»
This means WCB shareholders accepting the deal would receive money for their shares on December 5.
http://www.afr.com/ Not exact matches
The bid is not contingent on financing, as MFC has enough cash to finance the entire deal several times over, but is contingent on at least 2/3 of Compton shareholders accepting the offer.
Why would a VXGN shareholder accept the simple conversion of its shares to OXGN (in addition to potential future payments that are likely fairly valued, i.e. they would be received by VXGN shareholders anyway in the event of no deal).
I'm astonished shareholders appear to have accepted & approved this deal (and turn of events) without a single peep of protest.
Ostrower and Deutsche Bank Securities analyst Louis Taylor both believe Simon can convince two - thirds of Taubman's common shareholders to accept the $ 20 offer, which would improve Simon's legal case and possibly influence Taubman board's independent members to approve the deal.
Simon says 85 % of Taubman's shareholders voted to accept the deal, but the Taubman family and its allies still control enough voting shares to block the takeover.