Sacramento California 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: Sacramento
• 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 Sacramento California Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co is a legally binding document that outlines the terms and conditions of a merger between the two companies. This agreement serves as a blueprint for the consolidation of assets, operations, and governance structures, ensuring a smooth transition and mutual benefit for both parties involved. Keywords: Sacramento California, Amended and Restated Agreement, Plan of Merger, CNL Financial Corp, New co Merger Co, merger, consolidation, assets, operations, governance structures, transition, mutual benefit. There may be variations or different types of the Sacramento California Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co based on the specific circumstances, requirements, or changes that may arise during the negotiation or implementation process. However, without more specific information, it is difficult to provide their exact names or details.

The Sacramento California Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co is a legally binding document that outlines the terms and conditions of a merger between the two companies. This agreement serves as a blueprint for the consolidation of assets, operations, and governance structures, ensuring a smooth transition and mutual benefit for both parties involved. Keywords: Sacramento California, Amended and Restated Agreement, Plan of Merger, CNL Financial Corp, New co Merger Co, merger, consolidation, assets, operations, governance structures, transition, mutual benefit. There may be variations or different types of the Sacramento California Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co based on the specific circumstances, requirements, or changes that may arise during the negotiation or implementation process. However, without more specific information, it is difficult to provide their exact names or details.