Agreement and Plan of Merger between Intermix Media/ MySpace, Fox Interactive Media, Inc. and News Corporation |
$35.00 |
| This is the acquisition agreement whereby Fox acquired Intermix Media (the parent company of MySpace.com), dated as of July 18, 2005.
Format: |
AGREEMENT AND PLAN OF MERGER
BY AND AMONG
INTERMIX MEDIA, INC.,
FOX INTERACTIVE MEDIA, INC.
PROJECT IVORY ACQUISITION CORPORATION
AND
NEWS CORPORATION
(SOLELY WITH RESPECT TO SECTIONS 6.9 AND 6.15)
Dated as of July 18, 2005
Table of Contents
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Article I The Merger |
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Section 1.1 |
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The Merger |
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Section 1.2 |
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Effective Time |
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Section 1.3 |
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Certificate of Incorporation |
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Section 1.4 |
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By-Laws |
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Section 1.5 |
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Directors |
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Section 1.6 |
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Officers |
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Article II Effect of the Merger on Capital Stock; Exchange of Certificates |
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Section 2.1 |
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Effect on Capital Stock |
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Section 2.2 |
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Exchange of Common Share Certificates |
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Section 2.3 |
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Dissenters' Rights |
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Section 2.4 |
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Adjustments to Prevent Dilution |
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Section 2.5 |
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Stockholders' Meeting; Proxy Statement |
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Article III The Closing |
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Section 3.1 |
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Closing |
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Article IV Representations And Warranties |
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Section 4.1 |
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Representations and Warranties of Ivory |
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Section 4.2 |
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Representations and Warranties of Parent and Merger Sub |
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Article V Conduct of Business Pending the Merger |
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Section 5.1 |
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Covenants of Ivory |
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Article VI Additional Agreements |
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Section 6.1 |
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Access |
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Section 6.2 |
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No Solicitation |
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Section 6.3 |
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Filings; Other Actions; Notification |
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Section 6.4 |
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Exercise of Purchase Option |
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Section 6.5 |
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Purchase Option |
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Section 6.6 |
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Stock Exchange De-listing |
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Section 6.7 |
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Publicity |
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Section 6.8 |
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Benefits and Other Employee Matters |
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Section 6.9 |
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Indemnification; Directors' and Officers' Insurance |
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Section 6.10 |
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Expenses |
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Section 6.11 |
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Takeover Statute |
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Section 6.12 |
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Parent Vote |
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Section 6.13 |
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Section 16 Matters |
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Section 6.14 |
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Standstill |
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Section 6.15 |
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Guarantee |
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Section 6.16 |
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Litigation |
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Article VII Conditions |
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Section 7.1 |
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Conditions to Each Party's Obligation to Effect the Merger |
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Section 7.2 |
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Conditions to Obligations of Parent and Merger Sub |
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Section 7.3 |
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Conditions to Obligations of Ivory |
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Article VIII Termination |
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Section 8.1 |
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Termination by Mutual Consent |
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Section 8.2 |
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Termination by Either Parent or Ivory |
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Section 8.3 |
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Termination by Ivory |
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Section 8.4 |
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Termination by Parent |
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Section 8.5 |
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Effect of Termination and Abandonment |
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Article IX Miscellaneous and General |
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Section 9.1 |
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Survival |
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Section 9.2 |
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Modification |
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Section 9.3 |
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Amendment |
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Section 9.4 |
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Counterparts |
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Section 9.5 |
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Governing Law and Venue; Waiver of Jury Trial |
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Section 9.6 |
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Notices |
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Section 9.7 |
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Entire Agreement; No Other Representations |
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Section 9.8 |
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No Third-Party Beneficiaries |
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Section 9.9 |
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Obligations of Parent and of Ivory |
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Section 9.10 |
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Severability |
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Section 9.11 |
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Interpretation |
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Section 9.12 |
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Assignment |
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Section 9.13 |
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Enforcement |
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Exhibit A – Break Up Note Term Sheet |
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Exhibit B – Purchase Option Loan Term Sheet |
INDEX OF DEFINED TERMS
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Defined Term |
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Acquisition Proposal |
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Affiliate |
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Aggregate Preferred Merger Consideration |
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Agreement |
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AMEX |
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Audit Date |
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Bankruptcy and Equity Exception |
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By-Laws |
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Certificate |
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Certificate of Incorporation |
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