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To pass, at least half of SFN's outstanding shares must be tendered.
At least 98percentt of notes must be tendered for the transaction to be completed.
The regulations aren't saying that all contracts over €750,000 must be tendered through Europe.
Alcan and Algroup agreed in a combination contract that at least 67percentt of Algroup shares must be tendered.
It is a tougher hurdle to meet, because 75 percent of the German exchange's outstanding shares must be tendered for the deal to pass.
At least 90percentt of Gaylord's bonds and 66percentt of its shares must be tendered for Temple-Inland to complete the acquisition.
Similar(49)
Of course, the lamb must be tender, of first quality, to begin with.
The cauliflower must be tender enough to pierce with a fork.
Pro-rata allocation: if the tender offer is oversubscribed — the tender offer is for less than all of the corporation's outstanding stock, and more shares are tendered — the offeror must take up tendered shares pro rata (SEA §14(d)(6), rule 14d-8).
Because government rules require that you must have a contracted supplier that has been tendered and tenders open competitively.
If during the period the tender offer must remain open pursuant to this section, a greater number of equity securities is tendered than the offeror is bound or willing to purchase, the equity securities shall be purchased pro rata, as nearly as may be, according to the number of shares tendered during such period by each equity security holder.
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