persons acting in concert definition

persons acting in concert means natural or legal persons who cooperate with the offeror or the offeree company on the basis of an agreement, either express or tacit, either oral or written, aimed either at acquiring control of the offeree company or at frustrating the successful outcome of a bid;
persons acting in concert means, in relation to a Person, the Persons which actively cooperate through the acquisition by them of shares in that Person or a holding company of that Person, pursuant to an agreement or understanding (whether formal or informal), with a view to obtaining or consolidating Control of that Person.
persons acting in concert comprise persons who, pursuant to an agreement or understanding (whether formal or informal), actively co-operate to obtain or consolidate control of an entity.

More Definitions of persons acting in concert

persons acting in concert shall have the meaning given to a “syndicate” or “group” of persons in Section 13(d)(3) of the Securities Exchange Act 1934 (as amended) of the United States of America); or
persons acting in concert means persons who have entered into an agreement or arrangement to—
persons acting in concert means natural or legal persons, or other organizations who collaborate on the basis of an agreement, aimed either acquiring a participating interest in the capital of the offeree company, at acquiring control of the offeree company or at frustrating the successful outcome of a bid;
persons acting in concert means persons who, pursuant to an agreement, arrangement or understanding, co-operate to—
persons acting in concert means a group of persons who (a) knowingly participate in a joint activity or conscious parallel action towards a common goal, whether or not pursuant to an express agreement; or (b) combine or pool voting or other interests in the securities of an issuer for a common purpose pursuant to any contract, understanding, relationship, agreement or other arrangement, whether written or otherwise;
persons acting in concert means persons acting in concert within the meaning of § 22 (2) of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG).
persons acting in concert means any natural or legal person who cooperates with the Offeror or the Offeree Company on the basis of an agreement, either express or tacit, either oral or written, aimed either at acquiring Control of the Offeree Company or at frustrating the successful outcome of a Bid. Subsidiary Undertakings, Controlled Undertakings, Parent Companies or any other Group Company of any person cooperating with the Offeror or the Offeree Company shall be deemed to be Person(s) Acting In Concert with that other person and with each other.