|French to English translations [PRO]|
|French term or phrase: actions d'apport|
|English translation:contributed shares|
apport is a contribution
actions are shares
The Christian Broadcasting Network, Inc and Regent University, sold an aggregate total of 15,587,427 shares of Class B Common Stock for $35 per share.
for example, see link:
www.newscorp.com/news/news_029.html - 16k
In addition, Liberty IFE, Inc., a wholly-owned subsidiary of Liberty Media Corporation, contributed shares of Class C Common Stock and Convertible Notes of the Company convertible into an aggregate of 9,676,232 shares of Class B Common Stock to FKW in exchange for a new series of preferred stock of FKW.
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At the organizational meeting a number of initial tasks are completed such as the articles of incorporation are ratified, the initial shares are issued, officers are elected, bylaws approved, and a resolution authorizing the opening of bank accounts is passed.
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