Indiana § 23-2-3.1-8.4 Subsequent acquisition of equity securities by offeror; equivalent
terms; limitation

Indiana Statutes

§ 23-2-3.1-8.4 — Subsequent acquisition of equity securities by offeror; equivalent terms; limitation

Indiana § 23-2-3.1-8.4

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2SECURITIES AND FRANCHISES

Ch. 3.1Takeover Offers

This text of Indiana § 23-2-3.1-8.4 (Subsequent acquisition of equity securities by offeror; equivalent terms; limitation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-2-3.1-8.4 (2026).

Text

4. No offeror may acquire in any manner any equity security of any class of a target company at any time within two

(2)years following the conclusion of a takeover offer with respect to that class, including but not limited to acquisitions made by purchase, exchange, merger, consolidation, partial or complete liquidation, redemption, reverse stock split, and any other recapitalization or reorganization, unless the holder of that equity security is also afforded, at the time of that acquisition, a reasonable opportunity to dispose of that security to the offeror upon substantially equivalent terms.

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4. No offeror may acquire in any manner any
equity security of any class of a target company at any time within two
(2) years following the conclusion of a takeover offer with respect to
that class, including but not limited to acquisitions made by purchase,
exchange, merger, consolidation, partial or complete liquidation,
redemption, reverse stock split, and any other recapitalization or
reorganization, unless the holder of that equity security is also afforded,
at the time of that acquisition, a reasonable opportunity to dispose of
that security to the offeror upon substantially equivalent terms.