DOCOMO's offer is to acquire all shares tendered during the tender offer period from January 31 to March 12, 2012 on the condition that it reaches the minimum number of 3,706,600 shares, or 51% of the company's total shares - the combined total of all outstanding common shares (6,939,317 shares) and common shares (328,500 shares) underlying the stock acquisition
rights (3,285 rights).
Issue of Stock Acquisition
Rights as Stock Options for a
338 election (because the initial stock acquisition
is disregarded under step-transaction principles).
8 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro ( NASDAQ: TMIC) , a leader in network antivirus and Internet content security software and services, today announced the final terms of Stock Acquisition
Rights to be issued as stock options.
Subsequently, on January 31, 2005, Nomura Principal Finance exercised previously acquired stock acquisition
rights to purchase an additional 30 million shares of Millennium Retailing common stock.
If your company engaged in a tax-free stock acquisition
and has already computed the tax basis of the acquired stock or believe that in the future you may need to do so, you should read on.
By enabling the Internal Revenue Code Section 338 election, Congress made it possible to have the best of both worlds by permitting corporations purchasing a controlling interest in another corporation through a qualified stock purchase to elect to have that stock acquisition
treated as a purchase of assets.
Among other conditions, these transactions are subject to the closing of the stock acquisition
described below and to bankruptcy court approval.
Countermeasures include the implementation of stock splits, issuance of stock acquisition
rights or any other measures that the Board of Directors is permitted to take under the Company Law in Japan or other laws and the company's articles of incorporation.
Kyoto, Japan, June 21, 2007 - (JCN Newswire) - OMRON Corporation (TSE: 6645, US: OMRNY; hereafter, 'the Company') hereby issues notice that a resolution, as detailed below, was made at a Board of Directors meeting held today with respect to stock acquisition
rights to be issued to directors and corporate officers of the Company, excluding outside directors, and part of its subsidiary's directors, as stock options.
31 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro , a leader in network antivirus and Internet content security software and services, today at a meeting of its Board of Directors determined the details of stock acquisition
rights to be issued as stock options (the "Stock Acquisition
Rights") pursuant to the provision of Article 280-20 and 280-21 of the Commercial Code prior to the amendment on May 1, 2006 and the resolution at the 17th ordinary general meeting of shareholders on March 28, 2006.
172(h)(3) as either (1) a major stock acquisition
or (2) an excess distribution.