MoneyGram 2006 Annual Report Download - page 20

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Table of Contents
Our charter documents, our rights plan and Delaware law contain provisions that could delay or prevent an acquisition of our
Company, which could inhibit your ability to receive a premium on your investment from a possible sale of our Company.
Our charter documents contain provisions that may discourage third parties from seeking to acquire our Company. In addition, we have
adopted a rights plan which enables our Board of Directors to issue preferred share purchase rights that would be triggered by certain
prescribed events. These provisions and specific provisions of Delaware law relating to business combinations with interested
stockholders may have the effect of delaying, deterring or preventing a merger or change in control of our Company. Some of these
provisions may discourage a future acquisition of our Company even if stockholders would receive an attractive value for their shares or
if a significant number of our stockholders believed such a proposed transaction to be in their best interests. As a result, stockholders who
desire to participate in such a transaction may not have the opportunity to do so.
Item 1B. UNRESOLVED SEC COMMENTS
None.
Item 2. PROPERTIES
Location Use Square Feet Lease Expiration
Minneapolis, MN Corporate Headquarters 173,662 12/31/2015
Brooklyn Center, MN Global Operations Center 75,000 1/31/2012
Brooklyn Center, MN Global Operations Center 44,000 1/31/2012
Lakewood, CO Call Center 68,165 3/31/2012
Information concerning our material properties, all of which are leased, including location, use, approximate area in square feet and lease
terms, is set forth above. We also have a number of other smaller office locations in New York, Florida, Tennessee and in the United
Kingdom, as well as small sales and marketing offices in France, Spain, Germany, Hong Kong, Greece, United Arab Emirates, Russia,
Italy, South Africa, Australia, China and the Netherlands. We believe that our properties are sufficient to meet our current and projected
needs.
Item 3. LEGAL PROCEEDINGS
We are party to a variety of legal proceedings that arise in the normal course of our business. In these actions, plaintiffs may request
punitive or other damages that may not be covered by insurance. We accrue for these items as losses become probable and can be
reasonably estimated. While the results of these legal proceedings cannot be predicted with certainty, management believes that the final
outcome of these proceedings will not have a material adverse effect on our consolidated results of operations or financial position.
Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
Not applicable.
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