Alaska Agreement and Plan of Merger by L.E. Myers Co., Mytemp Inc., and L.E. Myers Co. Group
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FAQ
What is an Agreement Of Merger? An agreement of merger is a legal document that establishes the terms and conditions to combine two or more businesses into one new entity. The business owners of the merging companies agree to sell all their stock and assets to the newly formed company for an agreed upon price.
Parts of merger and acquisition contracts ?Parties and recitals. ?Price, currencies, and structure. ?Representations and warranties. ?Covenants. ?Conditions. ?Termination provisions. ?Indemnification. ?Tax.
An agreement setting out steps of a merger of two or more entities including the terms and conditions of the merger, parties, the consideration, conversion of equity, and information about the surviving entity (such as its governing documents).
A merger agreement (or ?definitive merger agreement?) is the legal contract that is drawn up and signed by both parties when two companies merge. Its terms and conditions can be quite detailed, and it usually spells out several parameters regarding staffing actions to be implemented.
(L.E. Myers) is a subsidiary of MYR Group Inc. (MYR Group), a publicly traded (Nasdaq: MYRG) holding company of specialty electrical construction service providers.
Mid 1990s ? The MYR Group Family is Born In 1995, MYR Group Inc. (MYR Group) was established as the holding company of L.E. Myers, Sturgeon Electric, and Harlan Electric and grew to one of the largest holding companies of specialty electrical contractors in the U.S. and Canada.