GREY:ALXDF - Post by User
Comment by
easycoderon Jun 27, 2019 10:14am
128 Views
Post# 29869380
RE:Chantrell shopping for the break fee
RE:Chantrell shopping for the break fee
I like that analysis, Mrytlesman.. but does AZX have to agree to the 2.2 mill? I expect there are some phone calls going on..
"Provided that Alexandria is in compliance with its non-solicitation covenants in all material respects, if at any time prior to obtaining Alexandria Shareholder Approval, Alexandria receives a written Acquisition Proposal, then Alexandria may engage in or participate in discussions or negotiations with such Person regarding such Acquisition Proposal, and may provide copies of, access to or disclosure of confidential information, properties, facilities, books
or records of Alexandria, if and only if:
(a) the Alexandria Board first determines in good faith, after consultation with its financial advisors and its outside counsel, that such Acquisition Proposal constitutes or could reasonably be expected to constitute or lead to a Superior Proposal, and, after consultation with its outside counsel, that the failure to engage in such discussions or negotiations would be inconsistent with its fiduciary duties;