Delaware Agreement and Plan of Merger by L.E. Myers Co., Mytemp Inc., and L.E. Myers Co. Group
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FAQ
Short-Form Merger: A merger between a parent and a subsidiary (at least 90% owned by the parent) which can be accomplished without shareholder approval.
If the merger or acquisition requires a vote by shareholders, the agreement will be available in the proxy document, Schedule 14A (or sometimes an information statement, Schedule 14C). The proxy will include the terms of the merger and what shareholders can expect to receive as proceeds.
A Delaware LLC merger happens when business agreements combine multiple entities into one sole entity. The LLC series isn't considered a separate entity ing to Delaware state laws.
Also known as a medium-form merger or a Section 251(h) merger, an intermediate-form merger is a special type of merger permitted by Section 251(h) of the Delaware General Corporation Law (DGCL) for acquisitions of target companies that are Delaware public corporations that allows a buyer in a tender offer to complete a ...
A Delaware LLC merger happens when business agreements combine multiple entities into one sole entity. The LLC series isn't considered a separate entity ing to Delaware state laws.
Typically, in a short-form merger, only the parent's board of directors has to approve the plan of merger. The subsidiary's board does not have to approve. In addition, neither the parent's shareholders nor the subsidiary's shareholders have to approve of the plan.
(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.