Throughout any period during which any Alumax class C common stock
was outstanding, each share of the class B common stock
(held by the Mitsui Group) had one vote, and each share of the class C common stock
(held by the Amax Group) had four votes, on each matter submitted to the Alumax shareholders.
Under that method's assumptions, proceeds from the exercise of warrants and options are limited to the repurchase of no more than 20% of the enterprise's outstanding common stock
at fiscal yearend.
If an acquiror purchases 20% or more of the Company's outstanding common stock
, a provision in the Plan will become effective which entitles the holders of Rights (other than the acquiror) to buy shares of common stock
of the Company which have a market value of twice the Exercise Price of each Right.
of Simplot is the first Tax Court case to use a percentage of the company's value to calculate the premium for voting common stock
Consensus: The task force concluded the convertible preferred stock would not be considered a common stock
equivalent unless the yield on the issue date is less than 66 2/3% of the corporate Aa bond rate.
If an acquiror purchases at least 15 percent of the company's common stock
, but has not achieved a 50 percent stake, the board may cause each of the rights (other than the acquiror's rights) to be exchanged for one share of common stock
Series E-7 Warrant to purchase up to 82,218,750 million shares in the aggregate of common stock
at an exercise price of $0.
37 million of shares of Duke's common stock
at a price of $40.
Shareholders who sell their shares of Sara Lee common stock
in the regular way market (i.
5 million shares of its Class A Common Stock
at a price not less than $11.
Cumulus also announced that it has entered into a definitive agreement to purchase shares of Class B Common Stock
from Banc of America Capital Investors SBIC, L.
Upon today's market open, PTC's common stock
will begin trading on a split-adjusted basis under the trading symbol "PMTCD" for a period of 20 trading days.