V-1 - Securities Act

Full text
137. Where the offeror intends to purchase securities in the market, his intention shall be set out in the take-over bid circular and, where the take-over bid is made for less than all of the voting shares owned by the offeree, he shall not reduce the number of shares he is bound or willing to take up under paragraph d of section 136 by the number of shares purchased in the market.
1973, c. 67, s. 26.