Shareholder Meeting: X Express (merger offer to acquire Rules & Co.)
Shareholder meeting of X Express
Record date information:
Market - 65
Travis - 15
Spikebrennan - 20
This is a Merger Offer to acquire Rules & Co. in a cash deal. It expires at 00:00:01 on December 31, 2011. The Cash Price is 100. This is a fair deal to acquire an insolvent corporation and I suggest that it be promptly approved by the shareholders of both affected corporations.
Purplebeard:
Just to clarify, if this and the accompanying Merger Acceptance would pass right now, X Express would lose 405 Worth and Rules & Co. would cease to exist, its Shareholders receiving 1 Credit per share. Is this correct?
This mechanic would probably be more interesting if the Business Plans of the two Corporations were added up as well. I’m out of slots at the moment, so anyone who would like to see this change can feel free to propose it.