Sentence examples for tendered into from inspiring English sources

A majority of the target's shares tendered into the transaction, which was then completed by a short-form merger.

KPN adds that all iBasis shares not validly tendered into the tender offer will be converted into the right to receive $3.00 per share, net to the holder in cash without interest.

That day we'd tendered into Skala and hopped on a small boat for a brisk ride to Oia, on the northwest end of the island.

They either vote on the merger or decide whether to tender into the offer.

One concern was that Time shareholders might elect to tender into Paramount's cash offer in ignorance or a mistaken belief of the strategic benefit which a business combination with Warner might produce.

The language also suggests a scenario where a tender offeror could come in and the board could recommend that shareholders reject the offer, but still permit shareholders to tender into the offer.

In Unocal, the Court approved a partial self-tender that any individual shareholder will rationally tender into (because the price offered is higher than the share value) even if that shareholder believes the self-tender is a bad idea for the shareholders collectively.

This means that shareholders can object to the deal by not voting for it or not tendering into the offer and instead asking a court to value their shares – this is what happened in Dell's buyout in 2013.

Ordinary sales are done in one of two ways: in a merger where the target is merged into a subsidiary of the buyer and the target shareholders receive the cash (or other consideration), or in a tender offer that gives the target shareholders a choice to tender into the offer or not.

The agreement also provides for a merger to be completed following the tender offer which would result in all shares not tendered being converted into the right to receive $9.00 in cash.

"The customs on the jetty are running up and down and getting their tenders into the water," Rasa said.