Oregon Plan of Merger between Food Lion, Inc., Hannaford Brothers Company and FL Acquisition Sub, Inc.

• Category: Corporations - Public - Mergers
• State: Multi-State
• Control #: US-EG-9238
• Format: Word; Rich Text

Description

Agreement and Plan of Merger between Food Lion, Inc., Hannaford Brothers Company and FL Acquisition Sub, Inc. dated August 17, 1999. 54 pages. The Oregon Plan of Merger between Food Lion, Inc., Hanna ford Brothers Company, and FL Acquisition Sub, Inc. is a legally binding document that outlines the terms and conditions of the merger between these three entities. This merger is aimed at creating a more robust and competitive company in the retail grocery industry. The agreement encompasses several key aspects of the merger, including the purpose, structure, and governing law of the new entity. It also outlines the terms of the exchange of shares and assets between the involved companies. One type of merger outlined in the Oregon Plan of Merger is a "statutory merger." This type of merger involves the merging of two or more companies into a single entity, resulting in the dissolution of the acquired companies. In this case, Food Lion, Inc., and Hanna ford Brothers Company will be dissolved, with all their assets and liabilities transferring to the newly created entity, FL Acquisition Sub, Inc. Another type of merger that may be mentioned in the plan is an "acquisition merger." This type involves one company (FL Acquisition Sub, Inc.) acquiring another (Food Lion, Inc., or Hanna ford Brothers Company) through a purchase of shares or assets. It is likely that the Oregon Plan of Merger will lay out the specific details of this acquisition in terms of the percentages of shares or assets being exchanged. Additionally, the Oregon Plan of Merger outlines the composition of the board of directors and the management team of the new entity. It specifies the process of selecting directors, their roles and responsibilities, as well as any specific requirements for the formation of committees. Furthermore, the document addresses any necessary regulatory approvals and compliance requirements that need to be fulfilled for the merger to be legally recognized. It may also include details about any potential tax implications resulting from the merger. Overall, the Oregon Plan of Merger between Food Lion, Inc., Hanna ford Brothers Company, and FL Acquisition Sub, Inc. lays out the comprehensive roadmap for the merger, ensuring a smooth transition and integration of the companies involved.

The Oregon Plan of Merger between Food Lion, Inc., Hanna ford Brothers Company, and FL Acquisition Sub, Inc. is a legally binding document that outlines the terms and conditions of the merger between these three entities. This merger is aimed at creating a more robust and competitive company in the retail grocery industry. The agreement encompasses several key aspects of the merger, including the purpose, structure, and governing law of the new entity. It also outlines the terms of the exchange of shares and assets between the involved companies. One type of merger outlined in the Oregon Plan of Merger is a "statutory merger." This type of merger involves the merging of two or more companies into a single entity, resulting in the dissolution of the acquired companies. In this case, Food Lion, Inc., and Hanna ford Brothers Company will be dissolved, with all their assets and liabilities transferring to the newly created entity, FL Acquisition Sub, Inc. Another type of merger that may be mentioned in the plan is an "acquisition merger." This type involves one company (FL Acquisition Sub, Inc.) acquiring another (Food Lion, Inc., or Hanna ford Brothers Company) through a purchase of shares or assets. It is likely that the Oregon Plan of Merger will lay out the specific details of this acquisition in terms of the percentages of shares or assets being exchanged. Additionally, the Oregon Plan of Merger outlines the composition of the board of directors and the management team of the new entity. It specifies the process of selecting directors, their roles and responsibilities, as well as any specific requirements for the formation of committees. Furthermore, the document addresses any necessary regulatory approvals and compliance requirements that need to be fulfilled for the merger to be legally recognized. It may also include details about any potential tax implications resulting from the merger. Overall, the Oregon Plan of Merger between Food Lion, Inc., Hanna ford Brothers Company, and FL Acquisition Sub, Inc. lays out the comprehensive roadmap for the merger, ensuring a smooth transition and integration of the companies involved.