Ohio Issuance of Common Stock in Connection with Acquisition
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How to fill out Issuance Of Common Stock In Connection With Acquisition?
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The Ohio Control Share Acquisition Act further specifies that the acquiring person may only acquire the shares of the Ohio issuing public corporation upon the affirmative vote of (1) a majority of the voting power of the Ohio issuing public corporation in the election of directors (the ?voting power?) represented in ...
Section 1701.01 | General corporation law definitions. As used in sections 1701.01 to 1701.98 of the Revised Code, unless the context otherwise requires: (A) "Corporation" or "domestic corporation" means a corporation for profit formed under the laws of this state.
"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 ...
Section 1701.82 - Conditions following merger or consolidation (A) When a merger or consolidation becomes effective, all of the following apply: (1) The separate existence of each constituent entity other than the surviving entity in a merger shall cease, except that whenever a conveyance, assignment, transfer, deed, ...
Chapter 2705 | Contempt Of Court. Section 2705.01 | Summary punishment for contempt. A court, or judge at chambers, may summarily punish a person guilty of misbehavior in the presence of or so near the court or judge as to obstruct the administration of justice. Section 2705.02 | Acts in contempt of court.
(1) The shareholders of the issuing public corporation who hold shares as of the record date of such corporation entitling them to vote in the election of directors authorize the acquisition at the special meeting held for that purpose at which a quorum is present by an affirmative vote of a majority of the voting ...
Mergers in Ohio Once the agreement and plan of merger is completed, the agreement must be approved by the target company's board of directors and then approved by the shareholders of the domestic company.