111. A person’s interest is determined as the sum of the securities owned or controlled by the person and by joint actors of the person, including, in particular, securities controlled by virtue of the power to exercise the voting rights attaching to them.
Companies affiliated with and persons associated or acting in concert with a person are deemed to be joint actors of the person.
A person who, pursuant to an agreement with the offeror or one of his joint actors, acquires securities of the class offered or who intends to exercise the voting rights attaching to the securities in concert with the offeror or one of his joint actors is presumed to be acting in concert with the offeror.
1982, c. 48, s. 111; 1984, c. 41, s. 40; 1999, c. 40, s. 327.