California · Corporations Code
CORP §14700: (a) No person shall acquire, directly or indirectly, any voting securities or assets of a retail grocery firm or retail drug firm unless both parties give, or in the case of a tender offer, the acquir
What this law says, in plain English
A person cannot acquire voting securities or assets of a retail grocery or drug firm without both parties providing notice, or in tender offers, the acquirer providing notice.
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