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Taipan Resources NL (No 8)
Judgment date: 20/03/2001
Court: ATP
Judge: I Ramsey (President), D Byrne (DP) and M Burgess (Member)
Citation:
(2001) 38 ACSR 102;
[2001] ATP 3;
BC200109067;
Catchwords: Corporations; Takeovers; Unacceptable circumstances; Takeover announcement;
Corporations; Takeovers; Fully paid and partly paid shares in target; Whether same class;
Corporations; Takeovers; Effect of minimum bid price; Issue subject to application to ASIC for exemption;
Corporations; Takeovers; Unacceptable circumstances from anticipated facts; Whether agreement and purchase occurred within four months of bid;
Corporations; Takeovers; Abridgement of time for dispatch of bidder's statement; Directors consented to allow rival bids to be open together;
Corporations; Takeovers; Abridgement of time for dispatch of bidder's statement; Statutory period between service on target shareholders;