Commercial Law, 2012 Bar — Question 67

MULTIPLE CHOICE

The purpose of the “Tender Offer" Rule is to - A) Ensure an even playing field for all shareholders of a company in terms of opportunity to sell their shareholdings. B) Ensure that minority shareholders in a publicly listed company are protected in the sense that they will equally have the same opportunity as the majority shareholders in terms of selling their shares. C) Ensure that the shareholders who would also want to sell their shareholdings will have the opportunity for a better price. D) All of the above.

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