Long Beach California Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co

State:
Multi-State
City:
Long Beach
Control #:
US-CC-12-2089
Format:
Word; 
Rich Text
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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
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  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co
  • Preview Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co

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The median home price in Long Beach is $875,000 with a median price per sqft of $664. The cost of living index for housing estimates the cost of housing in Long Beach to be 235.2% of the national average. This makes it one of the most expensive cities in the US.

Overall, Long Beach is an ideal location for those who enjoy living near the ocean and mild weather. The city's beaches and oceanfront offer a range of activities, while the mild climate makes it an ideal location for outdoor activities throughout the year.

Long Beach is so close to every terrain and climate that in one day, you could surf in the morning, snow ski in the afternoon, and come home and see a movie at night. Every famous Southern California landmark, attraction, and destination is easily within a two-hour drive from the city.

Long Beach: An underrated destination While part of Los Angeles County, Long Beach has a much more laid-back vibe than LA, yet there is still plenty to do and explore here. There has been a lot of revitalization and new developments going on, making Long Beach an even more attractive destination to visit.

Voted one of America's ?Most Walkable Cities,? Long Beach is comprised of eight distinct neighborhoods and tucked in along the waterfront centrally located to Los Angeles and Orange County. Experience the big-city feel with small-town charm in a unique oceanfront setting ? Welcome to Long Beach.

Long Beach is located in one of the wealthiest counties, in one of the wealthiest nations in the world, yet 22.8% of our residents live at or below the U.S. Federal Poverty Guidelines. That's consistent with the 23.2% of Californians living in poverty, but significantly higher than the national rate of 15.1%.

Long Beach boasts five miles of the finest, cleanest sand and safest bathing in the northeast. There is a fee from Memorial Day to Labor Day (see price schedule in Beach Park section). There are also town and county beach parks in Lido Beach and Point Lookout. Admission is free, but there is a per-car parking charge.

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Long Beach California Amended and Restated Agreement and Plan of Merger between CNL Financial Corp and Newco Merger Co