(16)In order to prevent operations which could frustrate a bid, the powers of the board of an offeree company to engage in operations of an exceptional nature should be limited, without unduly hindering the offeree company in carrying on its normal business activities.
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New version applies from 20/04/2009 — introduced by Regulation (EC) No 219/2009.
48 provisions change.
Later versions: 02/07/2014, 12/08/2022, 09/01/2024.
Recital 16 changes in this version: compare with the current text.