Which of the following statements accurately describe an off-market takeover bid ?

Group of answer choices

(a) If the offer price is increased in an off-market bid, this increased price has to be paid to shareholders who have already accepted the original offer.

(b) A written offer in which the consideration must be in scrip and made to all shareholders for a fixed proportion of their shareholding.

(c) A written offer made to all shareholders for a fixed proportion of their shareholding in which no conditions can be attached.

(d) In an off-market bid, if the offer price is increased, this increased price does not have to be paid to those shareholders who have already accepted the original offer.

(e) None of the above.