What happens if the acquiring company is unable to get the minimum 26% shares tendered by the existing shareholders? Does it need to increase the offer price to acquire minimum 26% shares? Is it mandatory to buy minimum 26% shares for the acquiring company even in case it offered to buy at the designated price and 26% threshold is not achieved?
Is it mandatory to buy minimum 26% shares for the acquiring company even in case it offered to buy at the designated price and 26% threshold is not achieved?