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GameStop Corp. Message Board

ats130 1 post  |  Last Activity: Dec 16, 2014 3:12 PM Member since: Mar 22, 2007
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  • ats130 ats130 Dec 16, 2014 3:12 PM Flag

    It's in the background to the merger section on page 39 of the Proxy:.

    "On October 22, 2014, a meeting of the Board was held, at which representatives of Morgan Stanley and Skadden were present. At the meeting, Mr. Dobson provided an update with respect to the contract renewal negotiations with Digital River's largest customer, including a meeting held among representatives of Digital River, Siris and Digital River's largest customer. Mr. Dobson noted that Siris had agreed to forgo insisting that Digital River's contract with the customer be finalized prior to execution of a merger agreement, so long as the "material adverse effect" provision of the merger agreement did not expressly exclude from consideration non-renewal or termination of customer contracts. "

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