conditional offer

conditional offer

An offer to buy real estate conditioned on the occurrence of one or more things before the purchaser is obligated to buy.Examples include zoning changes or the ability to secure a contiguous property.

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The conditional offer is subject to a variety of conditions, including due diligence, the negotiation and execution of definitive documentation, approval by the independent members of the Board of Directors of Republic and the receipt of a fairness opinion.
A conditional offer of lower value has been extended if any materially adverse events are revealed during due diligence.
Wheaton also understands that the Board of IAMGold has determined not to pursue the highly conditional offer received from Golden Star Resources Ltd.
It was also noted that the conditional offer has not been approved by the Philip Morris board.
Other than issuing additional press releases, RCC has made no attempts to improve the certainty of its highly contingent and conditional offer or provide additional information to Butler's Board.
According to APAX Partners, the full details of the Conditional Offer have been made available to the major shareholders of IFCO Systems.
Great Expressions") regarding the unsolicited conditional offer publicized today by Great Expressions.
AMEX:API) today announced that its Board of Directors had unanimously rejected an unsolicited and conditional offer received from OSI Systems, Inc.
CEMEX", NYSE: CX), through its wholly owned indirect subsidiary, Cetacea Investments Limited ("Cetacea"), will promptly present to the shareholders of Trinidad Cement Limited ("TCL") a written conditional offer to acquire 249,765,136 issued and fully paid ordinary shares, with no par value, of TCL.
MCSi also announced that one of the proposals, the conditional offer made by Mr.
Nasdaq:OWWI) (the "Company" or "Worldwide"), which manages healthcare investments in the United Kingdom and Australia, today announced that the conditional offer to purchase all of the ordinary shares and warrants in Principal Healthcare Finance Ltd.
At the same time, the Board has decided to carry out the conditional offer in exchange for cash compensation and to call in the outstanding 4.

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