Concurrently with the closing of the Financing, the Offeror
exercised 6,875,000 Warrants at a price of $0.08 per Warrant, resulting in the issuance of an additional 6,875,000 Common Shares to the Offeror
(the 'Warrant Exercise').
a slightly more expensive and higher-risk but much higher-performing offeror
and a slightly less expensive and lower-risk but significantly lower-performing offeror
Reportedly, the company has been informed by offeror
that the expiration date of the offer has been further extended by the offeror
from 17:00 hours, New York City Time on 18 April 2019 to 17:00 hours, New York City Time on 24 April 2019, subject to the further extension or earlier termination of the offer by offeror
Under this agreement, the offeror
reserved the right to buy shares in Poyry before, during and/or after the offer period in public trading on Nasdaq Helsinki Ltd or otherwise.
The logic of this was that, if the offeror
knew the price value of increased performance for a particular evaluation factor, it could determine if its exceeded requirements' solution was valuable enough to offset the increased development and production costs.
Completion of sale and purchase are subject to the fulfilment of certain condition precedents as set out in the Sale and Purchase Agreement which among others, the notice of approval from the Securities and Futures Commission of Hong Kong in respect of the Offeror
acquiring control of the Company and prior approval from the British Virgin Islands Financial Services Commission in respect of the Offeror
acquiring a significant interest of the Company.
(23) Since the agency is not required to allow the offeror
to reformat a proposal if it is drafted within the agency's clear guidelines, the agency should not be required to allow the offeror
to reformat its proposal when it is not drafted within the agency's clear guidelines.
- Personal relationships: Yukio Ohara (President of HOYA Service Corporation, an affiliated company of the Tender Offeror
) and George Stuart Souther (General Counsel of HOYA CORPORATION, employee of the Tender Offeror
) were elected as directors of PENTAX Corporation at the 77th general shareholders meeting held on June 27, 2007, such election to take effect only if the Tender Offeror
files a large scale acquisition report (tairyo hoyuu houkokusho) with the Kanto Local Finance Bureau stating to the effect that its share certificates etc.
A health benefit cost comparability provision in the 2005 Defense Appropriations Act prohibited any advantage for private offerors
that provide no health benefits or contribute less for them than the Department of Defense (DOD) contributes for its civilian employees.
Such limitations include (1) favoring one offeror
over another, (2) revealing proprietary information surrounding one offeror
's intellectual property to a competitor, and (3) disclosing the price of offerors
' proposals to others without permission.
For negotiated contracts, the offeror
submits a proposal that is the basis for price negotiations.
If the rights were not exercised and a merger occurred, Household shareholders were entitled to purchase $200 of the common stock of the tender offeror