Illinois Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• Control #: US-CC-12-2089
• Format: Word; Rich Text

Description

12-2089 12-2089 . . . Agreement and Plan of Merger for merger of corporation with newly-formed, wholly-owned subsidiary ("Surviving Company") of Disappearing Company and conversion of (a) each share of Disappearing Company common stock outstanding on September 7, 1994 ("Determination Date") owned by any stockholder who, at Determination Date, is not director or officer of Disappearing Company and is record holder of 500 shares or less of Disappearing Company common stock into right to receive $6.00 per share in cash from Surviving Company and (b) each share of Disappearing Company common stock owned by any stockholder who, at Determination Date, is director or officer of Disappearing Company or is record holder of more than 500 shares of Disappearing Company common stock into one share of Surviving Company common stock. Each share of Surviving Company common stock outstanding on effective date of merger shall be converted into right to receive $5.00 in cash from Surviving Company. The purpose of merger is to reduce number of stockholders below 300 and terminate registration of Surviving Company's common stock under Securities Exchange Act of 1934 The Illinois Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co is a legal document that outlines the terms and conditions of a merger between the two companies. This agreement sets out the rights and obligations of both parties involved, and the procedures and timelines for completing the merger. Keywords: Illinois, Amended and Restated Agreement, Plan of Merger, CNL Financial Corp, New co Merger Co. In the case of multiple types of Illinois Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co, they may include: 1. Illinois Amended and Restated Agreement and Plan of Merger with financial provisions: This type of agreement may focus on the financial aspects of the merger, such as the valuation and transfer of assets, shareholder rights, and financial reporting requirements. 2. Illinois Amended and Restated Agreement and Plan of Merger with regulatory considerations: This type of agreement may address the specific regulations and laws applicable to the merger, ensuring compliance with all relevant authorities and agencies. 3. Illinois Amended and Restated Agreement and Plan of Merger with employment provisions: This type of agreement may cover employment-related matters, including the transfer of employees, labor union considerations, and employee benefit plans. 4. Illinois Amended and Restated Agreement and Plan of Merger with intellectual property considerations: This type of agreement may focus on the transfer or licensing of intellectual property rights, including patents, trademarks, copyrights, and trade secrets. It is important to note that these are just hypothetical examples of different types of agreements, and the actual content and types may vary depending on the specific circumstances of the merger between CNL Financial Corp and New co Merger Co.

The Illinois Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co is a legal document that outlines the terms and conditions of a merger between the two companies. This agreement sets out the rights and obligations of both parties involved, and the procedures and timelines for completing the merger. Keywords: Illinois, Amended and Restated Agreement, Plan of Merger, CNL Financial Corp, New co Merger Co. In the case of multiple types of Illinois Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co, they may include: 1. Illinois Amended and Restated Agreement and Plan of Merger with financial provisions: This type of agreement may focus on the financial aspects of the merger, such as the valuation and transfer of assets, shareholder rights, and financial reporting requirements. 2. Illinois Amended and Restated Agreement and Plan of Merger with regulatory considerations: This type of agreement may address the specific regulations and laws applicable to the merger, ensuring compliance with all relevant authorities and agencies. 3. Illinois Amended and Restated Agreement and Plan of Merger with employment provisions: This type of agreement may cover employment-related matters, including the transfer of employees, labor union considerations, and employee benefit plans. 4. Illinois Amended and Restated Agreement and Plan of Merger with intellectual property considerations: This type of agreement may focus on the transfer or licensing of intellectual property rights, including patents, trademarks, copyrights, and trade secrets. It is important to note that these are just hypothetical examples of different types of agreements, and the actual content and types may vary depending on the specific circumstances of the merger between CNL Financial Corp and New co Merger Co.