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can i know the difference between mandatory bid condition and squeeze out rights?
Question 1 of the December 2014 exam does not have a part (d) !!
You mean December 2015!The mandatory-bid condition means that remaining shareholders have to be allowed to sell their shares at a fair price if they want to (but they don’t have to).
Squeeze-out rights are when the bidder is able to force the remaining shareholders to sell their shares (whether they want to or not).
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