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Termination of an Offer - Revocation
Such offer is "revoked" whether the offeror changes his thinking and withdraws it as for expressly or impliedly. However to be valid such the revocation must have been as;
Conversely provided the aforesaid rules are complied that an offer can also be revoked yet though it was declared for be open to a given period. Moreover the offeror can change his mind on any time previous to the period expires: as Dickinson v. Dodds
Exceptions
TAKE-OVER BID: If Company A ("the transferee company") offers to acquire shares of Company B ("the transferor") and the scheme or contract to which the off
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