Louisiana Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• 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 Louisiana Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co is a legal document that outlines the terms and conditions of the merger between the two entities. This agreement is specific to the state of Louisiana and provides a comprehensive framework for the consolidation of CNL Financial Corp with New co Merger Co. Key Keywords: Louisiana, Amended and Restated Agreement, Plan of Merger, CNL Financial Corp, New co Merger Co, legal document, terms and conditions, consolidation Different types of Louisiana Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and New co Merger Co may include: 1. Louisiana Amended and Restated Agreement and Plan of Merger — Stock Acquisition: This type of agreement focuses on the exchange of stocks between CNL Financial Corp and New co Merger Co. It outlines the specific details of the stock acquisition process and the necessary steps for consolidation. 2. Louisiana Amended and Restated Agreement and Plan of Merger — Asset Acquisition: In this type of agreement, the merger is centered around the acquisition of assets by CNL Financial Corp from New co Merger Co. The document details the transfer of assets, including properties, intellectual property rights, and other valuable resources. 3. Louisiana Amended and Restated Agreement and Plan of Merger — Merger Integration: This agreement primarily focuses on the integration and synchronization of operations, systems, and personnel from both CNL Financial Corp and New co Merger Co. It outlines the strategies and steps required for a smooth merger process, emphasizing the consolidation of resources, personnel, and core business functions. 4. Louisiana Amended and Restated Agreement and Plan of Merger — Financial Restructuring: This type of agreement deals with the financial aspect of the merger between CNL Financial Corp and New co Merger Co. It includes provisions for the restructuring of outstanding debts, financial obligations, and the establishment of new financial arrangements to support the merged entity. Note: The specific types of Louisiana Amended and Restated Agreement and Plan of Merger may vary based on the unique circumstances and requirements of the merger between CNL Financial Corp and New co Merger Co.