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Agreement and Plan of Merger

 

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Title:

Agreement and Plan of Merger

Entities:

Citibank, NA; Deutsche Bank Securities Inc.; General Growth Properties Inc.; Goldman, Sachs & Co.; Arnold & Porter; Fried, Frank, Harris, Shriver & Jacobson; Sullivan & Cromwell

Date:

2004

Size:

Preview shows 5KB of 202KB total

Price:

$51

ID:

#335944

 

 

► Plans ► Agreements ► Agreements & Plans of Merger
► Financial
► Financial ► Investment Services
► Real Estate
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                          AGREEMENT AND PLAN OF MERGER


by and among

THE ROUSE COMPANY,

GENERAL GROWTH PROPERTIES, INC.

and

RED ACQUISITION, LLC

Dated as of August 19, 2004

--------------------------------------------------------------------------------
{PAGE}
TABLE OF CONTENTS

{TABLE}
{CAPTION}
Page
----
{S} {C} {C}
ARTICLE I THE MERGER.....................................................1

SECTION 1.1 The Merger.....................................................1
SECTION 1.2 Closing; Effective Time........................................1
SECTION 1.3 Effects of the Merger..........................................2
SECTION 1.4 Charter; Bylaws................................................2
SECTION 1.5 Directors and Officers.........................................2

ARTICLE II EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE
CONSTITUENT CORPORATIONS.......................................2

SECTION 2.1 Conversion of Securities.......................................2
SECTION 2.2 Exchange of Certificates.......................................3
SECTION 2.3 Treatment of Company Options and Phantom Stock Rights..........5

ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY..................5

SECTION 3.1 Organization and Qualification; Subsidiaries...................6
SECTION 3.2 Charter and Bylaws.............................................6
SECTION 3.3 Capitalization.................................................6
SECTION 3.4 Authority Relative to This Agreement...........................8
SECTION 3.5 No Conflict; Required Filings and Consents.....................8
SECTION 3.6 Compliance.....................................................9
SECTION 3.7 SEC Filings; Financial Statements..............................9
SECTION 3.8 Absence of Certain Changes or Events..........................10
SECTION 3.9 Absence of Litigation.........................................11
SECTION 3.10 Employee Benefit Plans; Labor.................................11
SECTION 3.11 Tax Matters...................................................12
SECTION 3.12 Proxy Statement...............................................14
SECTION 3.13 Opinion of Financial Advisor..................................14
SECTION 3.14 Brokers.......................................................14
SECTION 3.15 Takeover Statutes; Rights Plans...............................14
SECTION 3.16 Intellectual Property.........................................14
SECTION 3.17 Environmental Matters.........................................15
SECTION 3.18 Investment Company Act of 1940................................15
SECTION 3.19 Affiliate Transactions........................................16
SECTION 3.20 Contracts.....................................................16
SECTION 3.21 Properties....................................................16
SECTION 3.22 Non-Competition Agreements....................................17
SECTION 3.23 Insurance.....................................................17
SECTION 3.24 No Other Representations or Warranties........................17
{/TABLE}

-i-
{PAGE}
{TABLE}
{CAPTION}
Page
----
{S} {C} {C}
ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB.......18

SECTION 4.1 Organization and Qualification................................18
SECTION 4.2 Authority Relative to This Agreement..........................18
SECTION 4.3 No Conflict; Required Filings and Consents....................19

 

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