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merger agreement SUST. ECON.

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After the merger is completed, the target's stock will be converted into stock of the acquirer based on the exchange ratio determined by the merger agreement. en.wikipedia.org

In addition, the merger agreement provided for payment of termination fees of $1.5 billion. en.wikipedia.org

Each merger agreement that contains such a clause has a different definition of what, in its particular context, constitutes a material adverse change. en.wikipedia.org

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