Because of the speed required smaller shareholders may have little opportunity to avail themselves of the offer.
Rules restrict the speed at which such acquisitions can be made.
See SARs . An unannounced visit by European Commission officials investigating cartels or other breaches of the EU competition rules under Articles 85 and 86 of the Treaty of Rome. EU Regulation 17 sets out the powers on such raids. A Dictionary of Law, Oxford University Press 2. A Dictionary of Law, Oxford University Press 4.