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"Control share acquisition" means the direct or indirect acquisition, other than in an excepted acquisition, by any person of beneficial ownership of shares of a public corporation that, except for this article, would have voting rights and would, when added to all other shares of such public corporation which then ...
Control Share means shares of the Corporation that would have voting power that when added to all the other shares of the Corporation owned by a person or in respect to which that person may exercise or direct the exercise of voting power, would entitle that person, immediately after acquisition of the shares (directly ...
Common shareholders are granted six rights: voting power, ownership, the right to transfer ownership, a claim to dividends, the right to inspect corporate documents, and the right to sue for wrongful acts. Investors should thoroughly research the corporate governance policies of the companies they invest in.
Share. A shareholder has controlling interest in a business when he or she owns more than 50% of the company's voting shares, giving him or her the deciding voice in shareholder meetings and control over company direction.
Control Acquisition means any time an "Acquiring Person" attains, by reason of and immediately after a transaction or series of related transactions (other than a "Non-Control Transaction"), "Beneficial Ownership" of fifty percent (50%) or more of the "Total Combined Voting Power" of the Company's then outstanding " ...
A control share amendment (the Control Share Amendment). An amendment increasing the number of votes needed to prevail in a contested trustee election to a majority of the outstanding shares (the Majority Amendment).
Acquisition occurs when one company buys the shares of another company in an effort to gain control over that company. In simple terms you can say that acquisition is an act of one company taking over or acquiring another company's controlling interest.
When there is a change of control, the corporation losses all its net-capital and non-capital losses; the losses are not carried forward. Any loss the previous (ex. non-capital losses and net capital losses) corporation had incurred.