Permitted Acquisition Transaction

Example Definitions of "Permitted Acquisition Transaction"
Permitted Acquisition Transaction. Any Acquisition Transaction by any Person available to all holders of Voting Securities (A) that is a tender offer (with a mandatory clean-up or back-end merger at the same price) or (B) that requires a stockholder vote and, in the case of each of clauses (A) and (B) above, satisfies the following conditions: (1) it is recommended by the Board of Directors of the Company; and (2) the Board of Directors of the Company shall have received a written opinion of an Independent Investment Banker that... the consideration which the holders of Voting Securities shall be entitled to receive in such Acquisition Transaction is fair to such stockholders from a financial point of view. View More
Found in Otter Tail Corp contract
Permitted Acquisition Transaction. Shall mean any Acquisition Transaction approved by the Board of Directors of the Company.
Found in Exterran Corporation contract
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