V-1 - Securities Act

Full text
132. The take-over bid shall not have any condition attached thereto except the right for the offeror to withdraw the offer if the offerees fail to tender the minimum number of shares the offeror is bound and willing to take up or if the action of the board of directors of the offeree company subsequent to the date of the offer materially changes the undertakings, assets or capital of the offeree company.
1973, c. 67, s. 26.