9 17 Meridian Meridian NNP 18 26 National National NNP 27 32 Corp. Corp. NNP 33 37 said say VBD 38 40 it it PRP 41 45 sold sell VBD 46 53 750,000 750,000 CD 54 60 shares share NNS 61 63 of of IN 64 67 its its PRP$ 68 74 common common JJ 75 80 stock stock NN 81 83 to to TO 84 87 the the DT 88 96 McAlpine McAlpine NNP 97 103 family family NN 104 113 interests interest NNS 113 114 , , , 115 118 for for IN 119 120 $ $ $ 120 121 1 1 CD 122 129 million million CD 129 130 , , , 131 133 or or CC 134 135 $ $ $ 135 139 1.35 1.35 CD 140 141 a a DT 142 147 share share NN 147 148 . . . 149 152 The the DT 153 157 sale sale NN 158 168 represents represent VBZ 169 173 10.2 10.2 CD 173 174 % % NN 175 177 of of IN 178 186 Meridian Meridian NNP 186 188 ’s 's POS 189 195 shares share NNS 196 207 outstanding outstanding JJ 207 208 . . . 211 214 The the DT 215 223 McAlpine McAlpine NNP 224 230 family family NN 230 231 , , , 232 237 which which WDT 238 246 operates operate VBZ 247 248 a a DT 249 255 number number NN 256 258 of of IN 259 272 multinational multinational JJ 273 282 companies company NNS 282 283 , , , 284 293 including include VBG 294 295 a a DT 296 308 London-based london-based JJ 309 320 engineering engineering NN 321 324 and and CC 325 337 construction construction NN 338 345 company company NN 345 346 , , , 347 351 also also RB 352 356 lent lend VBD 357 359 to to TO 360 368 Meridian Meridian NNP 369 377 National National NNP 378 379 $ $ $ 379 386 500,000 500,000 CD 386 387 . . . 388 392 That that DT 393 399 amount amount NN 400 402 is be VBZ 403 414 convertible convertible JJ 415 419 into into IN 420 426 shares share NNS 427 429 of of IN 430 438 Meridian Meridian NNP 439 445 common common JJ 446 451 stock stock NN 452 454 at at IN 455 456 $ $ $ 456 457 2 2 CD 458 459 a a DT 460 465 share share NN 466 472 during during IN 473 476 its its PRP$ 477 485 one-year one-year JJ 486 490 term term NN 490 491 . . . 492 495 The the DT 496 500 loan loan NN 501 504 may may MD 505 507 be be VB 508 516 extended extend VBN 517 519 by by IN 520 523 the the DT 524 532 McAlpine McAlpine NNP 533 538 group group NN 539 542 for for IN 543 545 an an DT 546 556 additional additional JJ 557 561 year year NN 562 566 with with IN 567 569 an an DT 570 578 increase increase NN 579 581 in in IN 582 585 the the DT 586 596 conversion conversion NN 597 602 price price NN 603 605 to to TO 606 607 $ $ $ 607 611 2.50 2.50 CD 612 613 a a DT 614 619 share share NN 619 620 . . . 623 626 The the DT 627 631 sale sale NN 632 634 of of IN 635 641 shares share NNS 642 644 to to TO 645 648 the the DT 649 657 McAlpine McAlpine NNP 658 664 family family NN 665 670 along along IN 671 675 with with IN 676 679 the the DT 680 686 recent recent JJ 687 691 sale sale NN 692 694 of of IN 695 702 750,000 750,000 CD 703 709 shares share NNS 710 712 of of IN 713 721 Meridian meridian JJ 722 727 stock stock NN 728 730 to to TO 731 736 Haden Haden NNP 737 746 MacLellan MacLellan NNP 747 754 Holding Holding NNP 755 758 PLC PLC NNP 759 761 of of IN 762 768 Surrey Surrey NNP 768 769 , , , 770 777 England England NNP 778 781 and and CC 782 783 a a DT 784 790 recent recent JJ 791 797 public public JJ 798 806 offering offering NN 807 811 have have VBP 812 821 increased increase VBN 822 830 Meridian Meridian NNP 830 832 ’s 's POS 833 836 net net JJ 837 842 worth worth NN 843 845 to to TO 846 847 $ $ $ 847 850 8.5 8.5 CD 851 858 million million CD 858 859 , , , 860 864 said say VBD 865 872 William William NNP 873 880 Feniger Feniger NNP 880 881 , , , 882 887 chief chief JJ 888 897 executive executive NN 898 905 officer officer NN 906 908 of of IN 909 915 Toledo Toledo NNP 915 916 , , , 917 927 Ohio-based ohio-based JJ 928 936 Meridian Meridian NNP 936 937 . . .