Change of Control of ACAC

Change of Control of ACAC. (i) The consummation of a merger or consolidation of ACAC or GMACI with or into any person other than an Affiliate in which holders of ACAC's or GMACI's voting securities, as the case may be, immediately prior to such merger or consolidation will not, directly or indirectly, continue to hold more than 50% of the outstanding securities of ACAC or GMACI, as the case may be, (ii) the acquisition by any person or any group of persons (other than existing stockholders or an Affiliate), acting... together in any transaction or related series of transactions (and expressly excluding any registered public offering of the securities of ACAC or GMACI), of such quantity of ACAC's or GMACI's voting securities, as the case may be, as causes such person, or group of persons, to own beneficially, directly or indirectly, as of the time immediately after such transaction or series of transactions, more than 50% of the combined voting power of the voting securities of ACAC or GMACI, as the case may be, or (iii) a sale, lease, exchange or other transfer of all or substantially all of ACAC's or GMACI's, as the case may be, assets to any person other than an Affiliate. View More