# Companies Act 2006, Paragraph 3


The board of directors of an offeree company must act in the interests of the company as a whole and must not deny the holders of securities the opportunity to decide on the merits of the takeover bid.

---
Source: https://www.legislation.gov.uk/ukpga/2006/46/schedule/1C/paragraph/3 (the official version)
Page: https://openlegislation.uk/companies-act-2006/schedule-1C/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.