61. It requires shareholder approval of both companies and federal and state approvals. 62. It is subject to shareholder approval of both companies. 63. It requires shareholder approval. 64. It would be better to deal with union checkoffs and shareholder approval separately. 65. Matt Ward at WestWay Pay Strategies advises his clients considering an option repricing to follow several fairness guidelines, beginning with prior shareholder approval. 66. Monday officials from both companies said they would seek shareholder approval early next year. 67. Ninety days after such an offer is made, the Pennzoil board would have to get shareholder approval to continue using its anti-takeover defenses. 68. Ninety days after such an offer is made, the Pennzoil board would have to get shareholder approval to continue using the defenses. 69. New shares will be issued following shareholder approval. 70. Now the company could submit a rehabilitation plan and if it was accepted by the creditors, it could be adopted without shareholder approval. |