Here's the rest of it - does anyone really believe it took them 3 weeks (aug. 19th to sept. 5) to finalize this - what was there to do - we are buying you and you give us stock in your company. The end.
This is such bull - it probably took em 2 days over a steak dinner at mortons - juan and the other bigwigs in accounting love that place - they eat there all the time. Or at the palm.
Must be nice while the employees are eating burger king
From August 19 until the closing of the Merger Agreement on September 5 many devoted substantial time working internally and with Mr. McDonald to finalize negotiations and work through contractual details.
On September 5, the Company's Board of Directors acted by unanimous written consent and declared that the Merger was fair to, and in the best interests of, the Company and its stockholders and unanimously adopted and approved the Merger Agreement and the transactions contemplated thereby.
On September 5, the Merger Agreement was executed by the Company, TCCI and the other parties thereto.
On September 5, the Company issued a press release announcing the execution of the Merger Agreement and their intention to consummate the Merger.
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