Ceb Shl

The amount ofcash examination be paid in University merger is fixed and University variety of shares of BNC common stock exam be issued examination South Streets shareholderswill not exceed 1,430,467 shares. Accordingly, there is not any coverage that you will be given University sort of consideration you electwith appreciate exam all your shares of South Street common stock. If University elections of all South Street shareholders bring about anoversubscription of money or of BNC common stock, University exchange agent will allocate University attention South Street shareholderswill receive among cash and BNC common stock. For quizzes discussion of University allocation techniques, see The Merger Agreement Cash or Stock Election. Unless you simply accept cash in your shares of South Street common stock, University value ofthe merger attention you take delivery of may range dependent on University existing market price of BNC common stock. South Street shareholdersmay obtain up exam date tips concerning University implied value of University merger attention by contacting Christopher F.

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