Catalytica said it believes the amendment to the rights plan furthers the purpose of the plan to ensure that the company's stockholders
receive fair and equal treatment in the event of any proposed takeover and to guard against partial tender offers and other abusive tactics to gain control of the company without paying all stockholders
the fair value of their shares.
There are occasional moments when Stockholder
's paint doesn't settle into cliche and a quirky simplicity prevails.
Accordingly, the Tax Court concluded on the basis of the facts in Alumax that all of the rights which were given to the Mitsui Group -- the director and stockholder
class voting rights, the mandatory dividend provision, and the director objectionable action provision -- reduced the voting power of the class C stockholders
in the Amax Group.
Mr Gordon Polson has the task of guiding the National Association of Steel Stockholders
through a period of organisational change.
In search of "ideal investment climates," and beholden only to stockholders
who live hundreds and even thousands of miles away, corporations have relocated their operations with little concern for the decimation wrought to host communities and the stakeholders who live there.
First, and least subject to debate, is that the financial market response to a merger announcement, in terms of abnormal returns to stockholders
, reflects expectations about all of the elements (not only efficiency) that may influence the general performance results of a merger as well as differences in expectations between investors and bidders.
This provision allows a corporate stockholder
in a CHC to qualify for tenant-stockholder tax benefits even though the CHC retains the right of approval over the actual tenant appointed as the nominee of the corporation.
Aside from facing civil or criminal sanctions, the stockholder
can be barred by the corporation from exercising the right to access its records in the future.
Under the terms of the proposed transaction, Engility stockholders
will be entitled to receive a fixed exchange ratio of 0.450 shares of SAIC common stock for each share of Engility common stock.
27 January 2015 - US-based defence and aerospace company Alliant Techsystems Inc.'s (NYSE: ATK) stockholders
have approved the issuance of ATK common stock to Orbital Sciences Corp.
The rights plan is designed to limit the ability of any person or group to seize control of the company without appropriately compensating all American Apparel stockholders
. It is intended to provide the board and stockholders
with time to make informed judgments.
In In re MFW, a controlling stockholder
offered to purchase the remaining equity of the corporation in a going-private merger transaction.