V-1 - Securities Act

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139. Where the offeror modifies the terms of a take-over bid before the expiration thereof by increasing the consideration offered for the voting shares of an offeree company, the offeror shall pay such increased consideration to each offeree whose shares are taken up and paid for pursuant to the take-over bid whether or not he has taken up such shares before the variation of the take-over bid.
1973, c. 67, s. 26.