Exact(7)
In their stead, we provide a nuanced perspective on the (contingent) value of redundancy subject to common-cause failures.
Such a bid, the investor argued, would most likely be worth at least $37 a share, making the contingent value right worth potentially $7.
Mr. Viehbacher said that the contingent value right "served as an important value bridge between our two companies" and that it rewarded all shareholders, "particularly if Lemtrada outperforms the market's current expectations".
Mr. Booty said he assumed that Genzyme treatments would hit their first aggregate target of $400 million in net sales in a period set, but not disclosed, by Sanofi, which would bring just part of the contingent value payments.
Set to be publicly traded, the contingent value right will pay $1 a share if Genzyme meets its production targets for Cerezyme and Fabrazyme, the output of which was slowed because of viral contamination at its plant in 2009.
"This extraordinarily high level of support is clear evidence to me that shareholders are overwhelmingly in favor of selling their stock to me for $30 per share, plus the contingent value right".
Similar(53)
Putting the form-content debate in the light of context, McEvilley enabled us to see that the different ways that form and content recombine do not imply that they must reconcile with some guiding and universal standard of harmony, but rather in coming to terms with the contingent values and functions established for form and content by the general consensus of authorities that prevail.
The plan involves the use of contingent value rights, financial instruments that would guarantee repayment only if a combined Huntsman-Hexion met certain financial performance targets.
To that end, Lazard spent a good deal of time developing the concept of contingent value rights (or "CVRs") that would address legal and tax risks, and that could give bidders a way of managing risk while providing an upside for International stockholders.
The additional payments would most likely come in the form of a contingent value right, which would kick in if Genzyme's Campath drug met or exceeded certain sales targets, these people said, speaking only on condition of anonymity.
The offer includes a contingent value right that would give shareholders an additional cash payment if the company strikes a separate deal.
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