(c) Date of the business combination
January 12, 2017
Stockholders who previously requested conversion of their shares for a pro rata portion of the company's trust account related to the upcoming vote on the business combination
, but who wish to remain holders through the extended date, should contact its transfer agent to withdraw their conversion request, Mark Zimkind, Continental Stock Transfer & Trust Company, 1 State Street, 30th Floor, New York, New York 10004, USA, e-mail: firstname.lastname@example.org.
Pacific is a blank check company, also commonly referred to as a Special Purpose Acquisition company, or SPAC, formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination
with one or more businesses or entities.
This potential business combination
is subject to, among other things, due diligence, the execution of a definitive agreement, necessary board of directors and stockholder approvals and other customary conditions.
(2008), illustrates the difference in goodwill caused by expensing business combination
Shaikha Hessa Bint Khalifa bin Hamad Al Khalifa thanked the Central Bank of Bahrain and shareholders of ASBB for their approval to proceed with the business combination
and stated that the legal formalities will be concluded once new ASBB shares are issued to BMI Bank shareholders.
No changes are expected with respect to the registered corporate name, principal businesses, registered head office, representative's name and title, capital, or fiscal year of Shimpo immediately following the Business Combination
Meanwhile, a note on EDS's website said: "In response to market rumours, Electronic Data Systems Corporation announced that it is in advanced discussions regarding a possible business combination
transaction with Hewlett-Packard Company.
The proposed business combination
rules in the EDs would apply to transactions in which an acquirer obtains control of one or more businesses.
. IASB and FASB are jointly working on a project regarding major changes to business combination
The proposals would also result in fewer exceptions to the principle of measuring assets acquired and liabilities assumed in a business combination
at fair value.