This acquisition does not satisfy the requirements for a statutory merger because V (the combining
entity of the transferor unit) does not cease its separate legal existence.
Under the new law an Alteration Type II application can be filed for combining
apartments without removing open violations against the building.
that the transferor unit's assets be held by the transferee unit's domestic entities after the merger) will not be violated if a foreign disregarded entity is part of a transferor unit and, as a result of a merger of the transferor combining
entity, the foreign disregarded entity becomes a disregarded entity of the transferee unit.
This press release contains forward-looking statements or predictions, including statements regarding the potential closing of the proposed merger between Axonyx and TorreyPines Therapeutics, the trading of the combined company's stock on the NASDAQ Stock Market, the amount of cash expected to be held by the combined company at closing, the timing for anticipated occurrence of key milestones related to each company's product candidates, the characteristics and possible uses of the product candidates of each of Axonyx and TorreyPines Therapeutics, the expected advantages of combining
Axonyx and TorreyPines Therapeutics, and the expected timing of closing of the merger.
Darwin's front-end consulting and engagement management competencies with Suzsoft's China offshore development capabilities, the merger provides U.
NTL's Chairman, James Mooney said, "We're extremely pleased to see shareholders recognize the value in combining
our two companies.
We are leveraging a broader product line and combining
the two companies' human resources and experience in order to meet the market's demands for seamless management and better quality of care for patients with chronic and complex illnesses.
Highly complementary and experienced management team combining
the successful emerging biotechnology commercialization track record of OXIS CEO Steve Guillen and the scientific and operational management experience of BioCheck CEO Dr.
the resources of Aviza and Trikon, the new combined company will have an enhanced position as a global solutions provider and will be better able to address customer demands.