PDF-Cash Merger / Termination

RE Sallies x2013 DR CUSIP 79545M107 DR ISIN US79545M1071 DR Ticker Symbol SLYLY Ratio DRs Underlying Shares 11 The Bank of New York Mellon the Depositary in its capacity as depositar. Do Not . Merge . with. . Establish a Joint Venture with. Explore Further Growth Opportunities. Key Recommendations. Key Recommendations . . Industry Trends . . Merger Issues . . Sprint . Construction of Covenants. Traditional Approach = strict construction. (exactly as written). Modern Approach = broad construction. (includes similar unstated limits consistent with purpose). Joslin v. Pine River Development. William Harris. , . Akash. . Lal. , . Aditya. . Nori. Sriram. . Rajamani. 1. 1. 2. 2. 2. 2. Termination bugs are a real problem in systems . and application code.. “Gecko . mediaplayer. hangs the browser”. Preliminary Results Year ended 28 February 2015. May 2015. Agenda. Market . Overview. & Operating Review: James Kidwell – Chief Executive. . . Financial Results: Martin Beer – Finance Director. Antitrust Risk . Assessment . . and . Contractual Risk Allocation. Antitrust Law. Spring 2015 NYU School of Law. Dale Collins. Dealing with merger antitrust risk . Thinking systematically about antitrust risk. Merger. One firm is acquired by another. Acquiring firm retains name and acquired firm ceases to exist. Advantage – legally simple. Disadvantage – must be approved by stockholders of both firms. Consolidation. M&A Market. Market for Corporate Control. Competition for control of firm assets. Associated with Downsizing. “It’s amazing that the basic cause of downsizing is so rarely acknowledged: . these companies have more workers than they need or can afford to pay. Construction of Covenants. Traditional Approach = strict construction. (exactly as written). Modern Approach = broad construction. (includes similar unstated limits consistent with purpose). Joslin v. Pine River Development. Financial Trading and Investing Case Study Name: Xuwu Liu RIN: 661010891. Time Line (Brief). Financial Trading and Investing Case Study Name: Xuwu Liu RIN: 661010891. Time Line (Detail). Time. : November . and Sale. Cayman Captive Forum. Tuesday, 2 December 2014. Kevin Butler. Conyers Dill & Pearman. Managing Director. Dara Keogh. KPMG. Partner. Brett Wiggins. MetLife. Senior Counsel. Clayton Price. Termination Methods. Natural . Duration. Presumption – fee simple (forever). May be limited in deed. In gross. Common law = life of dominant tenant. Modern law = fee simple, especially if business related. A four stage approach to mergers within the charity sector. Guided by the Business Strategy determine a short-list of target merger candidates. . Merger Strategy. Feasibility. Integration Planning. Integration/ Execution. By . L.Ray. Executive Summary. 19.6 million online customers. Over 5000 branch locations. Acquisition of MBNA. Merger. June 30, 2005. Purchased MBNA for $35 billion in cash and stock. Merger closed on January 1. 1 A POWERFUL STRATEGIC COMBINATION BETWEEN NEXI AND NETS B inding framework agreement signed for all - share merger  Transformational combination with Nets, resulting in the creation of the E