Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Hot Stocks Free for All !
»
FHAL...RUNNING...news maybe later! Look at the volume
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by T e x: [QB] OK, maybe I'm getting re-focused now, weee: So we're saying this interpretation: [QUOTE]CVSU is a private company (owned buy Rufas and Stanley) "They" want to be able to trade those stocks CVSU "claims" they are worth at least $15/share CVSU buys FHAL (already done), They will merge Old CVSU share holders will get 1 share of "FHAL" shares for each CVSU they have (really RUFAS AND STANLEY will now have 2 shares of the "merged" company) All shares are now called "CVSU"... If on the close of day on the first trading day of the "new" ticker symbol..CVSU...does not close at or above the $15.00 mark...all CVSU holders(forget about the symbol of FHAL..it no longer excists)will recieve the difference in $...[/QUOTE]is being derived from this passage in the 8K, right? [QUOTE]2.6 AVERAGE CLOSING PRICE ADJUSTMENT. In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.[/QUOTE]Am I back on track... at least on this part? Hope so...will take another look in the am, if so. If not, please *somebody* point me in the right direction... night, all... [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2