| Any dissenting offeree would also be entitled to challenge the fair value of the buyout price. |
| Has the acceptance been authorised and communicated by the offeree or his agent? |
| The shareholders of the offeree company will need to know what the view of the employees is. |
| The trade unions or other employees' representatives will have the right to comment on that before the offeree company comes to a decision. |
| This connotes a voluntary invitation by the offeror to the offeree to enter into a contractual relationship. |
| Over-the-board play shows that even alliances which are genuinely good for both parties are frequently questioned by the offeree. |
