As used in this article, "consummation date", with respect to any business combination, means the date of consummation of the business combination or, in the case of a business combination as to which a shareholder vote is taken, the later of:

(1) the business day before the vote; or

Terms Used In South Carolina Code 35-2-207

  • business combination: when used in reference to any resident domestic corporation and any interested shareholder of the resident domestic corporation, means any of the following:

    (1) Any merger of the resident domestic corporation or any subsidiary of the resident domestic corporation with:

    (A) the interested shareholder; or

    (B) any other corporation (whether or not itself an interested shareholder of the resident domestic corporation) that is, or after the merger or consolidation would be, an affiliate or associate of the interested shareholder. See South Carolina Code 35-2-205

(2) twenty days before the date of consummation of the business combination.

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