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Re: groton68 post# 203501

Sunday, 11/12/2017 5:05:42 PM

Sunday, November 12, 2017 5:05:42 PM

Post# of 403213
Actually SEC rules state that the target company (IPIX in this case) needs to disclose to SH any tender offer for acquiring the company - 100% or certain %age of o/s shares (not sure cut off) and terms and if they decide to accept or decline.

So if a company makes formal offer - not just informal talk - we will have to know and will know.
Leo will have to formally consider it and accept or reject it
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