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The proposed acquisition may only be completed in accordance with applicable state and federal laws including the Securities Act of 1933, the Securities Exchange Act of 1934 and the Trust Indenture Act of 1939, as amended; however, it is anticipated that exemptions from the registration requirements of the Securities Act and the qualification requirements of the Trust Indenture Act will be available to this transaction. Consummation of these transactions is subject to, among other things, the qualification of the indenture for the new 15% Debentures under the Trust Indenture Act of 1939. |
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