definiens: means any ( a ) direct or indirect acquisition ( whether by a purchase, sale, transfer, exchange or issuance ) of shares ofcapital stock or other securities, in a single transaction or series of related transactions, representing more than fiftypercent ( 50 % ) of the voting power of [COMPANY] AG, [COMPANY] US Corporation or BPC ( in each case, including by means of aspin - off, split - off or public offering ), ( b ) merger, consolidation or other business combination directly or indirectly involvingBiotest AG, [COMPANY] US Corporation or BPC representing more than ( 50 % ) of the assets of [COMPANY] AG, [COMPANY] USCorporation or BPC, ( c ) reorganization, recapitalization, liquidation or dissolution directly or indirectly involving BiotestAG, [COMPANY] US Corporation or BPC, ( d ) direct or indirect sale, lease, exchange, mortgage, transfer or other disposition, in a single transaction or series of related transactions, of more than fifty percent ( 50 % ) of the assets of [COMPANY] AG, [COMPANY] US Corporation or BPC, or ( e ) other transaction having a similar effect to those described in clauses ( a ) through(d )