AV Homes Stockholders Approve Taylor Morrison Merger
ACHARI VENTURES HLDGS CRP (AVHI)
Last achari ventures hldgs crp earnings: 8/1 04:05 pm
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US:NASDAQ Investor Relations:
investors.avhomesinc.com/investor-home
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Source: GlobeNewswire
SCOTTSDALE, Ariz., Sept. 26, 2018 (GLOBE NEWSWIRE) -- AV Homes, Inc. (NASDAQ: AVHI) (“AV Homes”) today announced that, at a special meeting of AV Homes stockholders held today in Scottsdale, Arizona, AV Homes stockholders approved the acquisition of AV Homes by Taylor Morrison Home Corporation (NYSE: TMHC) (“Taylor Morrison”). Upon the completion of the merger, AV Homes stockholders will be entitled to receive, at their election, consideration per share of common stock of AV Homes consisting of (i) $21.50 in cash, without interest (subject to the proration procedures described in the proxy statement/prospectus dated August 27, 2018), (ii) 0.9793 validly issued, fully paid and nonassessable shares of Taylor Morrison Class A common stock (subject to the proration procedures described in the proxy statement/prospectus dated August 27, 2018) or (iii) a combination of $12.64 in cash, without interest, and 0.4034 validly issued, fully paid and nonassessable shares of Taylor Morrison Clas
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