Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
FreeWapo WapoLive aka BroadWebAsia, Inc., a Delaware Corporation 264 South La Cienega Blvd., Suite 1216, Beverly Hills, CA 90211 LivePop Internet Corporation, a Florida Corporation, owner LiveVideo Network ATTN: M&A and General Counsel c/o Brad Greenspan, President 264 South La Cienega Blvd., Suite 1236 Beverly Hills, CA 90211 Ms.Dillon First,thisletterisnotificationthatTheWashingtonPostCorporationhasfailed toreplytodatetooursuperiorbidtopurchasetheWashingtonPostNewspaper. WewantedtoalertyourselfandtheBoardofDirectorsofTheWashingtonPostcompany thataccordingtoyourown
welfare of the community and the nation, in keeping with the principles of a free press; and That further terms include the statement: (3) Upon any liquidation, dissolution or winding up of the Company, the holders of Preferred Stock of each series shall be entitled to receive the amounts to which such holders are entitled as fixed with respect to such series, including all dividends accumulated to the date of final distribution, before any payment or distribution of assets of the Company shall be made to or set apart for the holders of Common Stock; and after such payments shall have been made in full to the holders of Preferred Stock, the holders of Common Stock shall be entitled to receive any and all assets remaining to be paid or distributed to stockholders and the holders of Preferred Stock shall not be entitled to share therein. For the purposes of this paragraph, the voluntary sale, conveyance, lease, exchange or transfer of all or substantially all the property or assets of the Company or a consolidation or merger of the Company with one or more other corporations (whether or not the Company is the corporation surviving such consolidation or merger) shall not be deemed to be a liquidation, dissolution or winding up, voluntary or involuntary. Therefore, its clear that by The Washington Post Corporations own Bylaws, the Sale of the Newspaper The Washington Post Newspaper listed under the August 5, 2013 8k Purchase Agreement, will cause your DE Corporation to lose its sole listed business of the Company and the objects and purposes to be transacted, promoted, or carried on by such DE Corporation. Therefore, its clear that this triggers a liquidation, dissolution, or winding up of the Company We urge your Board to consider that a Shareholder vote is needed to transact a liquidation, dissolution, or winding up of the Company. We urge your Board to put up to Shareholder vote the $421 Million Bid versus the Bezos $250 million bid Under these circumstances. Further, we cc the Washington Post Guild Union as this transaction clearly without shareholder vote, is illegal, unethical, and clearly an effort to rob the employees of a fair legal process as DE law mandates. We urge you to contact us to begin discussions on our higher bid which is vastly superior for WAPO Shareholders and employees of The Washington Post Newspaper. Regards
Brad Greenspan
WapoLive aka BroadWebAsia, Inc., a Delaware Corporation 264 South La Cienega Blvd., Suite 1216, Beverly Hills, CA 90211 LivePop Internet Corporation, a Florida Corporation, owner LiveVideo Network ATTN: M&A and General Counsel c/o Brad Greenspan, President 264 South La Cienega Blvd., Suite 1236 Beverly Hills, CA 90211