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Form 8806 for International Network Services Inc.
|Name and address of the reporting corporation:||
International Network Service Inc.
|Date of transaction:||03-06-2007|
|Description of transaction:||BT United States LLC acquired 100% of the outstanding shares of International Network Services Inc. for $1.95 per share. The entire consideration was paid in cash and totaled $181,265,716.80. The acquisition was in the form of a reverse subsidiary cash merger where by International Network Services Inc. was merged with and into Labrador Newco Inc., a transitory corporation formed to effectuate the transaction. International Network Services Inc was named survivor in the merger transaction. International Network Services Inc. is now a direct wholly-owned subsidiary of BT United States LLC.|
|Did the reporting corporation's shareholders receive any stock or other property in exchange for their stock in the reporting corporation, for which the reporting corporation has reasonably determined that the shareholders are required to recognize gain (if any) from the exchange of such stock?||Yes|
|Fair market value of the stock or other property received||$260,442,663|
|Description of the stock or other property received||Cash|
Page Last Reviewed or Updated: 24-Oct-2016