definiens: means any transaction or series of transactions involving:(i ) any merger, consolidation, amalgamation, share exchange, businesscombination, issuance of securities, acquisition of securities, reorganization, recapitalization, tender offer, exchange offer or other similar transaction : ( i ) inwhich a Party is a constituent corporation ; ( ii ) in which a Person or ( asdefined in the Exchange Act and the rules promulgated thereunder ) of Personsdirectly or indirectly acquires beneficial or record ownership of securitiesrepresenting more than 15 % of the outstanding securities of any class of votingsecurities of a Party or any of its Subsidiaries ; or ( iii ) in which a Party or any of itsSubsidiaries issues securities representing more than 15 % of the outstandingsecurities of any class of voting securities of such Party or any of its Subsidiaries;(ii ) any sale, lease, exchange, transfer, license, acquisition or disposition of anybusiness or businesses or assets that constitute or account for 15 % or more of theconsolidated book value or the fair market value of the assets of a Party and itsSubsidiaries, taken as a whole ; or(iii ) any liquidation or dissolution of a Party