Give a concrete situational example based on the statement

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Reference no: EM133209241

Question - Any person or group of persons acting in concert, who intends to acquire thirty five percent (35%) of the outstanding voting shares or such outstanding voting shares that is sufficient to gain control of the board in a public company directly from one or more stockholders shall be required to make a tender offer for all the outstanding voting shares. The sale of shares pursuant to the private transaction or block sale shall not be completed prior to the closing and completion of the tender offer. Give a concrete situational example based on the statement above.

Reference no: EM133209241

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