company law for plcs state

that if he's buying more that 30%, he needs to have funds for - and offer for - all 100% of shares.

It's the same thing that happened in the Glaziers taking over Manure.

it doesn't mean he will end up with 100% - just that he has to offer for them all. Only if he hits 90% can he get the final 10% via compulsory purchases.

Posted By: fleckmatic, Jul 1, 09:30:46