takeover regulations

One vote one share means that if you have 10 shares then you have 10 votes, and if you have 100 shares then you have 100 votes. It is to stop arrangements that let someone with just a few shares have a lot more votes than they 'deserve' (which could mean, for example, that someone with a few shares could maybe vote to stop a takeover). The break through rule is that once a potential acquirer owns 75% of the shares of the company they are trying to buy, then they can change the articles of the company and remove any rules that exist in the company that try to stop takeovers.

thxx sir, so like in 1st case multiple votg means for eg someone with a few shares can have a lot more vote than they deserve and impede the takeover so that one vote one rule principle is implemented to prevent such practice? 2. so overall all the rules kind of prevent unfair or illicit tactics that prevent takeovers esp through management implementg measures that caters only their own interest to the detriment of the co as a whole and of shareholders..in other words these rules kind of favor takeovers from happeng under fair and square conditions, right?

Correct in both statements :-)

Cheers, thxx..seriously u should write your own book...u r always accurate, clear and concise..

Thank you :-)