1.   The tender must be for cash, it must treat all shareholders equally and top-up arrangements are not permitted.

2.   Also hanging over the offer is the controversy over how the French government treated minority shareholders of Eramet, a mining company.

3.   Also hanging over the offer is the controversy over the way the French government treated minority shareholders of Eramet, a mining company.

4.   But he said more work was needed, and would be done promptly, to insure that all shareholders are treated fairly.

5.   But it would have treated all shareholders alike.

6.   Consider Ontrak Systems Inc., On Technology Corp., and Novadigm Inc., each of which treated shareholders to a summer joy ride.

7.   Equally important, Brumley added, is how management treats shareholders.

8.   In France, companies are on the road to improving how they treat shareholders, Crist said.

9.   Krebs, with BB Industrie, said the offer was fair, as it treated all shareholders equally.

10.   She said the SEC is also closely monitoring the proxy process to make sure unhappy shareholders are treated fairly.