Unconditional as to acceptance definition
Unconditional as to acceptance means that the Offeror must accept and pay for all shares tendered by the shareholders at the offer price and that the shareholders of the Offeree lose their right to withdraw the shares once they have accepted the Offer”.
Unconditional as to acceptance means; “The Offeror must accept and pay for all shares tendered at the offer price while the shareholders of the Offeree lose their right to withdraw the shares”