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

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• County: Hennepin
• 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 Hennepin Minnesota Amended and Restated Agreement and Plan of Merger is a legal document that outlines the terms and conditions of a merger between CNL Financial Corp and New co Merger Co. This agreement lays out the specifics of the merger, ensuring that all parties involved are aware of their rights and obligations. The Hennepin Minnesota Amended and Restated Agreement and Plan of Merger serves as a crucial document in the corporate world, providing a roadmap for the merger process. It includes various clauses and provisions to protect the interests of both CNL Financial Corp and New co Merger Co while facilitating a smooth transition. Some relevant keywords that can be associated with the Hennepin Minnesota Amended and Restated Agreement and Plan of Merger include: 1. Merger: Referring to the process of combining two or more companies into one entity. 2. CNL Financial Corp: One of the parties involved in the merger. 3. New co Merger Co: Another party involved in the merger. 4. Agreement: The legal document that establishes the terms and conditions of the merger. 5. Restated: An indication that the agreement has been revised or amended from its original version. 6. Hennepin Minnesota: The geographical location where the agreement is valid and enforceable. It is important to note that specific types or variations of the Hennepin Minnesota Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co might exist, depending on the specific details of the merger. However, without further information on any specific types or variations, it is not possible to provide their names or descriptions.

The Hennepin Minnesota Amended and Restated Agreement and Plan of Merger is a legal document that outlines the terms and conditions of a merger between CNL Financial Corp and New co Merger Co. This agreement lays out the specifics of the merger, ensuring that all parties involved are aware of their rights and obligations. The Hennepin Minnesota Amended and Restated Agreement and Plan of Merger serves as a crucial document in the corporate world, providing a roadmap for the merger process. It includes various clauses and provisions to protect the interests of both CNL Financial Corp and New co Merger Co while facilitating a smooth transition. Some relevant keywords that can be associated with the Hennepin Minnesota Amended and Restated Agreement and Plan of Merger include: 1. Merger: Referring to the process of combining two or more companies into one entity. 2. CNL Financial Corp: One of the parties involved in the merger. 3. New co Merger Co: Another party involved in the merger. 4. Agreement: The legal document that establishes the terms and conditions of the merger. 5. Restated: An indication that the agreement has been revised or amended from its original version. 6. Hennepin Minnesota: The geographical location where the agreement is valid and enforceable. It is important to note that specific types or variations of the Hennepin Minnesota Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co might exist, depending on the specific details of the merger. However, without further information on any specific types or variations, it is not possible to provide their names or descriptions.