definiens: means any transaction or series of transactions involving:(a ) any merger, consolidation, amalgamation, share exchange, business combination, issuance ofsecurities, acquisition of securities, tender offer, exchange offer or other similar transaction ( i ) in which Company orAlbireo ( or their respective Subsidiaries ) is a constituent corporation, ( ii ) in which a Person or ( as defined in theExchange Act and the rules promulgated thereunder ) of Persons directly or indirectly acquires beneficial or recordownership of securities representing more than fifteen percent ( 15 % ) of the outstanding securities of any class ofvoting securities of Company or [COMPANY] ( or their respective Subsidiaries ), or ( iii ) in which Company or [COMPANY] ( or theirrespective Subsidiaries ) issues securities representing more than fifteen percent ( 15 % ) of the outstanding securitiesof any class of voting securities of any such Entity ( other than as contemplated under this Agreement);(b ) any sale, lease, exchange, transfer, license, acquisition or disposition of any business or businessesor assets that constitute or account for fifteen percent ( 15 % ) or more of the consolidated net revenues, net income orassets of Company or [COMPANY] ( or their respective Subsidiaries ) ; or(c ) any liquidation or dissolution of any of Company or [COMPANY] ( or their respective Subsidiaries )