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Simple English definitions for legal terms

freeze-out merger

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A quick definition of freeze-out merger:

A freeze-out merger is when one company buys another company's stock and forces the other company's shareholders to sell their shares for cash. This means that the company being bought out no longer exists and its shareholders no longer own any part of it. It's like if you had a toy and someone else wanted it, so they gave you money for it and took it away from you.

A more thorough explanation:

A freeze-out merger is a type of cash merger in which shareholders of the target company are forced to accept cash for their shares. This type of merger is also known as a cash-out merger.

For example, if Company A wants to acquire Company B, it may offer to buy all of Company B's outstanding shares for a certain price per share. If Company A acquires enough shares to gain control of Company B, it may then force the remaining shareholders to sell their shares for the same price per share. This effectively "freezes out" the remaining shareholders and allows Company A to take full control of Company B.

Freeze-out mergers are often used by larger companies to acquire smaller companies or to eliminate minority shareholders who may be opposed to a merger or acquisition.

freezee | freight

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windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
Do we know if any of the t14 open at all this week
just called Fordham. they said there will be decisions going out today
so congratulations on pre xmas waves
BulbasaurNoLikeCardio
10:27
Hope schools are chill and just send As leaving the Rs for next month lol
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