of the proposal would be consistent with Board precedent and within the thresholds in the DOJ Guidelines in each of these banking markets.
As soon as possible after the consummation
date, management having the appropriate level of authority completes the assessment of which acquired activities to exit and approves and completes the combined company to the plan.
Upon the consummation
of the merger, JK Acquisition Corp.
Although the Batesville banking market would remain highly concentrated on consummation
of the proposal, the increase in the post-merger HHI would be consistent with DOJ Guidelines and Board precedent.
of the acquisition, Ardent will change its name to "Avantair" and will apply for a NASDAQ listing.
Accordingly, the Board concludes, based on all the facts of record, that consummation
of the proposal would not have a significantly adverse effect on competition or on the concentration of banking resources in any relevant banking market and that competitive considerations are consistent with approval.
3) The Board has reviewed carefully all the facts of record and has concluded that consummation
of the proposal likely would not have a significantly adverse effect on competition or on concentration of banking resources in any relevant banking market.
The redemption of the Preferred Stock is contingent upon consummation
of the merger of Glenborough with a subsidiary of certain funds managed by Morgan Stanley Real Estate (the "Merger"), which Merger currently is expected to occur on or about November 29, 2006 (the "Redemption Date").
of the proposal, Gateway would remain the 43rd largest insured depository institution in North Carolina, controlling deposits of $236.
of the acquisition, Avantair's current management team will remain in place, joined by Barry Gordon, the current Chief Executive Officer of Ardent, who will become non-executive Chairman of the Board.
of the proposal and after accounting for the proposed divestitures noted in this order, BB&T would become the fifteenth largest commercial banking organization in the United States with total consolidated assets of $93.
of the merger is subject to various conditions, including the closing of debt financing arrangements, the continued effectiveness of an agreement between Universal Trailer and Featherlite Coaches, Inc.
Accordingly, the Board concludes that consummation
of the proposal would not result in any significantly adverse effects on competition or on the concentration of banking resources in any relevant banking market, and that competitive considerations are consistent with approval.
of the merger, each outstanding share of common stock of CNL Retirement Properties will be converted into the right to receive merger consideration consisting of $11.
The Board may not approve a proposal subject to section 3(d) if, after consummation
, the applicant would control more than 10 percent of the total deposits of insured depository institutions in the United States.