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What change is an offeror permitted to make after a take-over bid has commenced? a.Increase the consideration offered. b.Reduce the consideration offered. c.Lower the proportion

What change is an offeror permitted to make after a take-over bid has commenced?

a.Increase the consideration offered.

b.Reduce the consideration offered.

c.Lower the proportion of outstanding securities included in the bid.

d.Add new conditions.

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