UCL 投票結果揭曉
>Unocal announced that holders of 77.2 percent of eligible shares favored the Chevron buyout >and 2.6 percent were opposed. Of the shares actually voted, 96.6 percent approved the deal.>
>In a joint news release, the companies said 241.9 million shares voted to receive $69 in cash for >each of their Unocal shares, while 22.1 million elected to receive 1.03 shares of Chevron >common stock for each Unocal share, and 10 million shares elected to receive a combination of >stock and cash.
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>According to the terms of the merger agreement, the all-cash and all-stock elections will be >prorated to preserve an overall per-share mix of 0.618 of a share of Chevron common stock >and $27.60 in cash. Accordingly, those electing all cash will receive $30.13 in cash and 0.5803 >of a share of Chevron common stock for each share of Unocal common stock
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UCL股東的選擇
241.9 M股選擇了 賣給 $69元/股
22.1M股選擇換 1.03股的CVX
10M股選擇換部分CVX現股和部分現金
posted by USstock @ 8:08 AM
1 Comments:
The all-cash election and all-stock election are subject to proration calculations to preserve an overall per share mix of 0.618 of a share of Chevron common stock and $27.60 in cash for all outstanding shares of Unocal common stock taken together. Based on these preliminary results of the elections and subject to confirmation of the validity of elections made, the number and nature of failed guaranteed deliveries, whether the failed deliveries relate to stock or cash or mixed elections and final proration calculations, the merger consideration currently estimated to be paid to Unocal stockholders is as follows:
Cash Elections: Unocal stockholders who validly elected to receive all cash would be expected to receive $30.13 in cash and 0.5803 of a share of Chevron common stock for each share of Unocal common stock with respect to which that election was made;
Stock Elections: Unocal stockholders who validly elected to receive all Chevron common stock would be expected to receive 1.03 shares of Chevron common stock for each share of Unocal common stock with respect to which that election was made;
Mixed Elections: Unocal stockholders who validly elected the mixed election will receive 0.618 of a share of Chevron common stock and $27.60 in cash for each share of Unocal common stock; and
Non-Elections: Unocal stockholders who did not make a valid election will receive 0.618 of a share of Chevron common stock and $27.60 in cash for each share of Unocal common stock.
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