Hotel Properties

[InvestArk]

Sorry buddies,

I am Kinda new to such M&A offers esp when it come to the terminologies , a few questions :

1) What does it mean when the offer turns unconditional?
2) What will happen to the Shareholders who did not take up the offer after it becomes unconditional?
3) Will the offerer continue to purchase share despite meeting their condition (in this case a 50% holding for the concerted party).

Hope some buddies could shed some light on these.

Thank you very much!