The ________ states that any increase in price paid for shares tendered must be offered to all shareholders, even those who have previously tendered their shares.

Question

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The fair price rule, also known as the equal treatment rule, is a provision under the Williams Act that states that any increase in price paid for shares tendered must be offered to all shareholders, even those who have previously tendered their shares. This is to ensure fair treatment of all shareholders in the tender offer process.

The ________ States That Any Increase in Price Paid for Shares