Venture Deals · glossary
The two choices at the Exchange. The roll election swapped Solaris shares for Meridian shares valued at €2,000 each, and the cash election paid €1,000 a share. The four holders who rolled became shareholders of the later seller. Deed of Exchange, clause 4 · Chapter 15
Explained in Chapter 15, The Exchange, the Reorganisation and the Handover, of Venture Deals.
Every holder except Meridian had the same choice. The roll election gave new shares in Meridian, valued at €2,000 each. The cash election gave €1,000 a share in cash.Read Chapter 15, The Exchange, the Reorganisation and the Handover →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Venture Deals and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Venture Deals → · All terms A–Z →