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82 percent of the total shares of Monitronics common stock expected to be issued and outstanding immediately following completion of the reorganization and merger, but subject to dilution by certain shares issued under a management incentive
plan for the company, in exchange for all then issued and outstanding shares of Ascent common stock. If, however, Ascent is expected to hold cash equal to or in excess of $20 million but less than the target cash amount as of the date of completion of the reorganization of Monitronics under the plan, the stockholders of Ascent will receive a proportionately lower percentage of shares of Monitronics common stock, and certain participants in the equity rights offering have agreed to contribute the shortfall. If Ascent is expected to hold less than $20 million in cash as of the date of completion of the reorganization of Monitronics under the plan, the merger will not be consummated, and certain participants in the equity rights offering have agreed to contribute the full target cash amount. Under the terms of the support agreement, Ascent must obtain approval for the merger from its stockholders within 65 days following the date on which Monitronics commences the chapter 11 cases. If the merger is not approved within 65 days following the petition date or the merger is not completed on the effective date of the plan for any reason, the merger will not occur, and the restructuring of Monitronics will be completed without the participation of Ascent. If the restructuring of Monitronics occurs without the participation of Ascent, Ascent’s equity interests in Monitronics will be cancelled without Ascent recovering any property or value on
account of such equity interests. Reasons Why Wireless Home Security Is the Best Way to Protect Your Home!As a homeowner and consumer, protecting your home should be your first priority. This is the place where you spend most of your time with loved ones and you have stored most of your assets. With the rising cases of burglary, having a good security system has become a necessity for all homes. This is because it will help you protect your family and your assets. Here are reasons why you should consider a wireless security system.
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The company, Boyce said, has “an unlimited advertising budget for programs that work. I realize that’s highly unusual not to set a limit on marketing, but that gets
back to our testing. ”About
half of Defenders’ advertising spend goes to digital and half to traditional media, he said. He declined to say how much Defenders has spent in recent years, only calling it “multi of multi millions of dollars. ”“You would be surprised by the number,” he said. “It’s very significant.
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Some of the
perks of using this system include a rate that’s locked in for life and a lifetime equipment warranty. Those are both great ways to provide strong customer service, and to show that the customers matter to the company. Additionally, you don’t need to pay an activation or installation fee with this DIY option security system. It’s great value for the money, and you can even try it for free for 30 days to see if you like the equipment, monitoring, and service. Here are their pros and cons:One thing this company offers that many others don’t is the option for broadband and landline monitoring. That can help customers in rural areas who might have trouble getting other
companies to cover and protect them.
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