id	sid	tid	token	lemma	pos
cjal-3181	1	1	a	a	DET
cjal-3181	1	2	brief	brief	ADJ
cjal-3181	1	3	comparison	comparison	NOUN
cjal-3181	1	4	of	of	ADP
cjal-3181	1	5	the	the	DET
cjal-3181	1	6	chinese	chinese	PROPN
cjal-3181	1	7	and	and	CCONJ
cjal-3181	1	8	united	united	PROPN
cjal-3181	1	9	states	states	PROPN
cjal-3181	1	10	securities	security	NOUN
cjal-3181	1	11	regulations	regulation	NOUN
cjal-3181	1	12	governing	govern	VERB
cjal-3181	1	13	corporate	corporate	ADJ
cjal-3181	1	14	takeovers	takeover	NOUN
cjal-3181	1	15	a	a	DET
cjal-3181	1	16	brief	brief	ADJ
cjal-3181	1	17	comparison	comparison	NOUN
cjal-3181	1	18	of	of	ADP
cjal-3181	1	19	the	the	DET
cjal-3181	1	20	chinese	chinese	PROPN
cjal-3181	1	21	and	and	CCONJ
cjal-3181	1	22	united	united	PROPN
cjal-3181	1	23	states	states	PROPN
cjal-3181	1	24	securities	security	NOUN
cjal-3181	1	25	regulations	regulation	NOUN
cjal-3181	1	26	governing	govern	VERB
cjal-3181	1	27	corporate	corporate	ADJ
cjal-3181	1	28	takeovers	takeover	NOUN
cjal-3181	1	29	benjamin	benjamin	PROPN
cjal-3181	1	30	chun	chun	PROPN
cjal-3181	1	31	'	'	PART
cjal-3181	1	32	i.	i.	NOUN
cjal-3181	1	33	introduction	introduction	NOUN
cjal-3181	1	34	in	in	ADP
cjal-3181	1	35	may	may	PROPN
cjal-3181	1	36	1993	1993	NUM
cjal-3181	1	37	,	,	PUNCT
cjal-3181	1	38	the	the	DET
cjal-3181	1	39	china	china	PROPN
cjal-3181	1	40	securities	securities	PROPN
cjal-3181	1	41	regulatory	regulatory	PROPN
cjal-3181	1	42	commission	commission	PROPN
cjal-3181	1	43	(	(	PUNCT
cjal-3181	1	44	"	"	PUNCT
cjal-3181	1	45	csrc	csrc	NOUN
cjal-3181	1	46	"	"	PUNCT
cjal-3181	1	47	)	)	PUNCT
cjal-3181	1	48	officially	officially	ADV
cjal-3181	1	49	released	release	VERB
cjal-3181	1	50	,	,	PUNCT
cjal-3181	1	51	for	for	ADP
cjal-3181	1	52	the	the	DET
cjal-3181	1	53	first	first	ADJ
cjal-3181	1	54	time	time	NOUN
cjal-3181	1	55	,	,	PUNCT
cjal-3181	1	56	securities	security	NOUN
cjal-3181	1	57	regulations	regulation	NOUN
cjal-3181	1	58	governing	govern	VERB
cjal-3181	1	59	the	the	DET
cjal-3181	1	60	trading	trading	NOUN
cjal-3181	1	61	of	of	ADP
cjal-3181	1	62	securities	security	NOUN
cjal-3181	1	63	on	on	ADP
cjal-3181	1	64	chinese	chinese	ADJ
cjal-3181	1	65	securities	security	NOUN
cjal-3181	1	66	exchanges	exchange	NOUN
cjal-3181	1	67	.	.	PUNCT
cjal-3181	1	68	'	'	PUNCT
cjal-3181	2	1	among	among	ADP
cjal-3181	2	2	other	other	ADJ
cjal-3181	2	3	things	thing	NOUN
cjal-3181	2	4	,	,	PUNCT
cjal-3181	2	5	the	the	DET
cjal-3181	2	6	interim	interim	ADJ
cjal-3181	2	7	securities	security	NOUN
cjal-3181	2	8	regulations	regulation	NOUN
cjal-3181	2	9	specified	specify	VERB
cjal-3181	2	10	how	how	SCONJ
cjal-3181	2	11	a	a	DET
cjal-3181	2	12	company	company	NOUN
cjal-3181	2	13	could	could	AUX
cjal-3181	2	14	purchase	purchase	VERB
cjal-3181	2	15	the	the	DET
cjal-3181	2	16	publicly	publicly	ADV
cjal-3181	2	17	-	-	PUNCT
cjal-3181	2	18	traded	trade	VERB
cjal-3181	2	19	shares	share	NOUN
cjal-3181	2	20	of	of	ADP
cjal-3181	2	21	another	another	DET
cjal-3181	2	22	company	company	NOUN
cjal-3181	2	23	.	.	PUNCT
cjal-3181	3	1	soon	soon	ADV
cjal-3181	3	2	thereafter	thereafter	ADV
cjal-3181	3	3	,	,	PUNCT
cjal-3181	3	4	in	in	ADP
cjal-3181	3	5	september	september	PROPN
cjal-3181	3	6	of	of	ADP
cjal-3181	3	7	the	the	DET
cjal-3181	3	8	same	same	ADJ
cjal-3181	3	9	year	year	NOUN
cjal-3181	3	10	,	,	PUNCT
cjal-3181	3	11	shenzhen	shenzhen	PROPN
cjal-3181	3	12	bao	bao	VERB
cjal-3181	3	13	an	an	DET
cjal-3181	3	14	enterprises	enterprise	NOUN
cjal-3181	3	15	(	(	PUNCT
cjal-3181	3	16	"	"	PUNCT
cjal-3181	3	17	bao	bao	VERB
cjal-3181	3	18	an	an	PRON
cjal-3181	3	19	"	"	PUNCT
cjal-3181	3	20	)	)	PUNCT
cjal-3181	3	21	,	,	PUNCT
cjal-3181	3	22	a	a	DET
cjal-3181	3	23	shenzhen	shenzhen	PROPN
cjal-3181	3	24	legal	legal	ADJ
cjal-3181	3	25	-	-	PUNCT
cjal-3181	3	26	person	person	NOUN
cjal-3181	3	27	company	company	NOUN
cjal-3181	3	28	,	,	PUNCT
cjal-3181	3	29	attempted	attempt	VERB
cjal-3181	3	30	the	the	DET
cjal-3181	3	31	first	first	ADJ
cjal-3181	3	32	hostile	hostile	ADJ
cjal-3181	3	33	takeover	takeover	NOUN
cjal-3181	3	34	of	of	ADP
cjal-3181	3	35	a	a	DET
cjal-3181	3	36	chinese	chinese	ADJ
cjal-3181	3	37	public	public	ADJ
cjal-3181	3	38	company	company	NOUN
cjal-3181	3	39	by	by	ADP
cjal-3181	3	40	accumulating	accumulate	VERB
cjal-3181	3	41	a	a	DET
cjal-3181	3	42	large	large	ADJ
cjal-3181	3	43	block	block	NOUN
cjal-3181	3	44	of	of	ADP
cjal-3181	3	45	the	the	DET
cjal-3181	3	46	publicly	publicly	ADV
cjal-3181	3	47	-	-	PUNCT
cjal-3181	3	48	traded	trade	VERB
cjal-3181	3	49	shares	share	NOUN
cjal-3181	3	50	of	of	ADP
cjal-3181	3	51	shanghai	shanghai	PROPN
cjal-3181	3	52	yanzhong	yanzhong	ADP
cjal-3181	3	53	industrial	industrial	PROPN
cjal-3181	3	54	(	(	PUNCT
cjal-3181	3	55	"	"	PUNCT
cjal-3181	3	56	yanzhong	yanzhong	ADP
cjal-3181	3	57	"	"	PUNCT
cjal-3181	3	58	)	)	PUNCT
cjal-3181	3	59	,	,	PUNCT
cjal-3181	3	60	a	a	DET
cjal-3181	3	61	shanghai	shanghai	PROPN
cjal-3181	3	62	-	-	PUNCT
cjal-3181	3	63	exchange	exchange	NOUN
cjal-3181	3	64	-	-	PUNCT
cjal-3181	3	65	listed	list	VERB
cjal-3181	3	66	company.2	company.2	NOUN
cjal-3181	3	67	in	in	ADP
cjal-3181	3	68	response	response	NOUN
cjal-3181	3	69	to	to	ADP
cjal-3181	3	70	the	the	DET
cjal-3181	3	71	takeover	takeover	NOUN
cjal-3181	3	72	attempt	attempt	NOUN
cjal-3181	3	73	,	,	PUNCT
cjal-3181	3	74	yanzhong	yanzhong	ADP
cjal-3181	3	75	planned	plan	VERB
cjal-3181	3	76	legal	legal	ADJ
cjal-3181	3	77	action	action	NOUN
cjal-3181	3	78	against	against	ADP
cjal-3181	3	79	bao	bao	PROPN
cjal-3181	3	80	an	an	PRON
cjal-3181	3	81	because	because	SCONJ
cjal-3181	3	82	it	it	PRON
cjal-3181	3	83	believed	believe	VERB
cjal-3181	3	84	that	that	SCONJ
cjal-3181	3	85	bao	bao	PROPN
cjal-3181	3	86	an	an	PRON
cjal-3181	3	87	had	have	AUX
cjal-3181	3	88	not	not	PART
cjal-3181	3	89	followed	follow	VERB
cjal-3181	3	90	the	the	DET
cjal-3181	3	91	interim	interim	ADJ
cjal-3181	3	92	securities	security	NOUN
cjal-3181	3	93	regulations	regulation	NOUN
cjal-3181	3	94	in	in	ADP
cjal-3181	3	95	acquiring	acquire	VERB
cjal-3181	3	96	its	its	PRON
cjal-3181	3	97	block	block	NOUN
cjal-3181	3	98	of	of	ADP
cjal-3181	3	99	shares	share	NOUN
cjal-3181	3	100	of	of	ADP
cjal-3181	3	101	yanzhong.3	yanzhong.3	PROPN
cjal-3181	3	102	after	after	ADP
cjal-3181	3	103	a	a	DET
cjal-3181	3	104	closed	closed	ADJ
cjal-3181	3	105	-	-	PUNCT
cjal-3181	3	106	door	door	NOUN
cjal-3181	3	107	meeting	meeting	NOUN
cjal-3181	3	108	on	on	ADP
cjal-3181	3	109	october	october	PROPN
cjal-3181	3	110	22	22	NUM
cjal-3181	3	111	,	,	PUNCT
cjal-3181	3	112	1993	1993	NUM
cjal-3181	3	113	,	,	PUNCT
cjal-3181	3	114	the	the	DET
cjal-3181	3	115	csrc	csrc	NOUN
cjal-3181	3	116	fined	fine	VERB
cjal-3181	3	117	bao	bao	PROPN
cjal-3181	3	118	an	an	DET
cjal-3181	3	119	one	one	NUM
cjal-3181	3	120	million	million	NUM
cjal-3181	3	121	renminbi	renminbi	NOUN
cjal-3181	3	122	(	(	PUNCT
cjal-3181	3	123	"	"	PUNCT
cjal-3181	3	124	rmb	rmb	NOUN
cjal-3181	3	125	"	"	PUNCT
cjal-3181	3	126	)	)	PUNCT
cjal-3181	3	127	for	for	ADP
cjal-3181	3	128	illegally	illegally	ADV
cjal-3181	3	129	buying	buy	VERB
cjal-3181	3	130	shares	share	NOUN
cjal-3181	3	131	of	of	ADP
cjal-3181	3	132	yanzhong	yanzhong	NOUN
cjal-3181	3	133	and	and	CCONJ
cjal-3181	3	134	required	require	VERB
cjal-3181	3	135	bao	bao	PROPN
cjal-3181	3	136	an	an	PRON
cjal-3181	3	137	to	to	PART
cjal-3181	3	138	pay	pay	VERB
cjal-3181	3	139	its	its	PRON
cjal-3181	3	140	short	short	ADJ
cjal-3181	3	141	-	-	PUNCT
cjal-3181	3	142	swing	swing	NOUN
cjal-3181	3	143	profits	profit	NOUN
cjal-3181	3	144	of	of	ADP
cjal-3181	3	145	500,000	500,000	NUM
cjal-3181	3	146	rmvib	rmvib	NOUN
cjal-3181	3	147	to	to	ADP
cjal-3181	3	148	yanzhong.4	yanzhong.4	PROPN
cjal-3181	3	149	"	"	PUNCT
cjal-3181	3	150	we	we	PRON
cjal-3181	3	151	mean	mean	VERB
cjal-3181	3	152	to	to	PART
cjal-3181	3	153	be	be	AUX
cjal-3181	3	154	very	very	ADV
cjal-3181	3	155	serious	serious	ADJ
cjal-3181	3	156	about	about	ADP
cjal-3181	3	157	these	these	DET
cjal-3181	3	158	violations	violation	NOUN
cjal-3181	3	159	*	*	PUNCT
cjal-3181	3	160	associate	associate	NOUN
cjal-3181	3	161	,	,	PUNCT
cjal-3181	3	162	wilson	wilson	PROPN
cjal-3181	3	163	sonsini	sonsini	PROPN
cjal-3181	3	164	goodrich	goodrich	PROPN
cjal-3181	3	165	&	&	CCONJ
cjal-3181	3	166	rosati	rosati	PROPN
cjal-3181	3	167	in	in	ADP
cjal-3181	3	168	palo	palo	PROPN
cjal-3181	3	169	alto	alto	PROPN
cjal-3181	3	170	.	.	PUNCT
cjal-3181	4	1	california	california	PROPN
cjal-3181	4	2	.	.	PUNCT
cjal-3181	5	1	jd	jd	PROPN
cjal-3181	5	2	.	.	PROPN
cjal-3181	5	3	columbia	columbia	PROPN
cjal-3181	5	4	university	university	PROPN
cjal-3181	5	5	school	school	NOUN
cjal-3181	5	6	of	of	ADP
cjal-3181	5	7	law	law	NOUN
cjal-3181	5	8	.	.	PUNCT
cjal-3181	6	1	mba	mba	PROPN
cjal-3181	6	2	,	,	PUNCT
cjal-3181	6	3	u.c	u.c	PROPN
cjal-3181	6	4	.	.	PROPN
cjal-3181	6	5	berkeley	berkeley	PROPN
cjal-3181	6	6	.	.	PUNCT
cjal-3181	7	1	ms	ms	PROPN
cjal-3181	7	2	,	,	PUNCT
cjal-3181	7	3	bs	bs	INTJ
cjal-3181	7	4	(	(	PUNCT
cjal-3181	7	5	electrical	electrical	ADJ
cjal-3181	7	6	engineering	engineering	NOUN
cjal-3181	7	7	)	)	PUNCT
cjal-3181	7	8	,	,	PUNCT
cjal-3181	7	9	stanford	stanford	PROPN
cjal-3181	7	10	university	university	PROPN
cjal-3181	7	11	.	.	PUNCT
cjal-3181	8	1	1	1	NUM
cjal-3181	8	2	.	.	X
cjal-3181	8	3	administrationoftheissuingandtradingofsharestentativeregulations	administrationoftheissuingandtradingofsharestentativeregulation	NOUN
cjal-3181	8	4	(	(	PUNCT
cjal-3181	8	5	effectiveapril	effectiveapril	NOUN
cjal-3181	8	6	22	22	NUM
cjal-3181	8	7	,	,	PUNCT
cjal-3181	8	8	1993	1993	NUM
cjal-3181	8	9	)	)	PUNCT
cjal-3181	8	10	,	,	PUNCT
cjal-3181	8	11	as	as	SCONJ
cjal-3181	8	12	translated	translate	VERB
cjal-3181	8	13	in	in	ADP
cjal-3181	8	14	china	china	PROPN
cjal-3181	8	15	l.	l.	PROPN
cjal-3181	8	16	&	&	CCONJ
cjal-3181	8	17	prac	prac	PROPN
cjal-3181	8	18	.	.	PROPN
cjal-3181	8	19	,	,	PUNCT
cjal-3181	8	20	aug	aug	PROPN
cjal-3181	8	21	.	.	PROPN
cjal-3181	8	22	1	1	NUM
cjal-3181	8	23	,	,	PUNCT
cjal-3181	8	24	1993	1993	NUM
cjal-3181	8	25	,	,	PUNCT
cjal-3181	8	26	at	at	ADP
cjal-3181	8	27	23	23	NUM
cjal-3181	8	28	[	[	SYM
cjal-3181	8	29	hereinafter	hereinafter	NOUN
cjal-3181	8	30	interim	interim	ADJ
cjal-3181	8	31	securities	security	NOUN
cjal-3181	8	32	regulations	regulation	NOUN
cjal-3181	8	33	]	]	PUNCT
cjal-3181	8	34	.	.	PUNCT
cjal-3181	9	1	2	2	X
cjal-3181	9	2	.	.	X
cjal-3181	9	3	andrew	andrew	PROPN
cjal-3181	9	4	browne	browne	PROPN
cjal-3181	9	5	,	,	PUNCT
cjal-3181	9	6	china	china	PROPN
cjal-3181	9	7	's	's	PART
cjal-3181	9	8	first	first	ADJ
cjal-3181	9	9	company	company	NOUN
cjal-3181	9	10	takeover	takeover	NOUN
cjal-3181	9	11	bid	bid	NOUN
cjal-3181	9	12	gets	get	VERB
cjal-3181	9	13	under)way	under)way	NOUN
cjal-3181	9	14	,	,	PUNCT
cjal-3181	9	15	reuters	reuters	NOUN
cjal-3181	9	16	asiapacific	asiapacific	ADJ
cjal-3181	9	17	bus	bus	NOUN
cjal-3181	9	18	.	.	PUNCT
cjal-3181	10	1	rep	rep	PROPN
cjal-3181	10	2	.	.	PROPN
cjal-3181	10	3	,	,	PUNCT
cjal-3181	10	4	sept	sept	PROPN
cjal-3181	10	5	.	.	PROPN
cjal-3181	10	6	30	30	NUM
cjal-3181	10	7	,	,	PUNCT
cjal-3181	10	8	1993	1993	NUM
cjal-3181	10	9	,	,	PUNCT
cjal-3181	10	10	available	available	ADJ
cjal-3181	10	11	in	in	ADP
cjal-3181	10	12	lexis	lexis	NOUN
cjal-3181	10	13	.	.	PUNCT
cjal-3181	11	1	3	3	X
cjal-3181	11	2	.	.	X
cjal-3181	11	3	yanzhong	yanzhong	ADP
cjal-3181	11	4	battles	battle	NOUN
cjal-3181	11	5	predator	predator	NOUN
cjal-3181	11	6	,	,	PUNCT
cjal-3181	11	7	s.	s.	PROPN
cjal-3181	11	8	china	china	PROPN
cjal-3181	11	9	morimg	morimg	VERB
cjal-3181	11	10	post	post	PROPN
cjal-3181	11	11	,	,	PUNCT
cjal-3181	11	12	oct	oct	PROPN
cjal-3181	11	13	.	.	PROPN
cjal-3181	11	14	7	7	NUM
cjal-3181	11	15	,	,	PUNCT
cjal-3181	11	16	1993	1993	NUM
cjal-3181	11	17	,	,	PUNCT
cjal-3181	11	18	business	business	NOUN
cjal-3181	11	19	at	at	ADP
cjal-3181	11	20	2	2	NUM
cjal-3181	11	21	,	,	PUNCT
cjal-3181	11	22	available	available	ADJ
cjal-3181	11	23	in	in	ADP
cjal-3181	11	24	lexis	lexis	NOUN
cjal-3181	11	25	.	.	PUNCT
cjal-3181	12	1	4	4	X
cjal-3181	12	2	.	.	X
cjal-3181	12	3	jeffrey	jeffrey	PROPN
cjal-3181	12	4	parker	parker	PROPN
cjal-3181	12	5	,	,	PUNCT
cjal-3181	12	6	china	china	PROPN
cjal-3181	12	7	watchdog	watchdog	NOUN
cjal-3181	12	8	snarls	snarl	VERB
cjal-3181	12	9	overfirst	overfirst	VERB
cjal-3181	12	10	hostile	hostile	ADJ
cjal-3181	12	11	takeover	takeover	NOUN
cjal-3181	12	12	,	,	PUNCT
cjal-3181	12	13	reterasia	reterasia	NOUN
cjal-3181	12	14	-	-	PUNCT
cjal-3181	12	15	pacfic	pacfic	ADJ
cjal-3181	12	16	bus	bus	NOUN
cjal-3181	12	17	.	.	PUNCT
cjal-3181	13	1	rep	rep	PROPN
cjal-3181	13	2	.	.	PROPN
cjal-3181	13	3	,	,	PUNCT
cjal-3181	13	4	oct	oct	PROPN
cjal-3181	13	5	.	.	PROPN
cjal-3181	13	6	22	22	NUM
cjal-3181	13	7	,	,	PUNCT
cjal-3181	13	8	1993	1993	NUM
cjal-3181	13	9	,	,	PUNCT
cjal-3181	13	10	available	available	ADJ
cjal-3181	13	11	in	in	ADP
cjal-3181	13	12	lexis	lexis	NOUN
cjal-3181	13	13	.	.	PUNCT
cjal-3181	14	1	columbia	columbia	PROPN
cjal-3181	14	2	journal	journal	PROPN
cjal-3181	14	3	of	of	ADP
cjal-3181	14	4	asian	asian	ADJ
cjal-3181	14	5	law	law	NOUN
cjal-3181	14	6	and	and	CCONJ
cjal-3181	14	7	intend	intend	VERB
cjal-3181	14	8	to	to	PART
cjal-3181	14	9	punish	punish	VERB
cjal-3181	14	10	violators	violator	NOUN
cjal-3181	14	11	seriously	seriously	ADV
cjal-3181	14	12	,	,	PUNCT
cjal-3181	14	13	"	"	PUNCT
cjal-3181	14	14	said	say	VERB
cjal-3181	14	15	csrc	csrc	NOUN
cjal-3181	14	16	's	's	PART
cjal-3181	14	17	general	general	ADJ
cjal-3181	14	18	counsel	counsel	NOUN
cjal-3181	14	19	mr	mr	PROPN
cjal-3181	14	20	.	.	PROPN
cjal-3181	14	21	gao	gao	PROPN
cjal-3181	14	22	xiqing	xiqing	PROPN
cjal-3181	14	23	.	.	PUNCT
cjal-3181	15	1	specifically	specifically	ADV
cjal-3181	15	2	,	,	PUNCT
cjal-3181	15	3	the	the	DET
cjal-3181	15	4	csrc	csrc	NOUN
cjal-3181	15	5	determined	determine	VERB
cjal-3181	15	6	that	that	SCONJ
cjal-3181	15	7	bao	bao	PROPN
cjal-3181	15	8	an	an	PRON
cjal-3181	15	9	violated	violate	VERB
cjal-3181	15	10	the	the	DET
cjal-3181	15	11	interim	interim	ADJ
cjal-3181	15	12	securities	security	NOUN
cjal-3181	15	13	regulations	regulation	NOUN
cjal-3181	15	14	in	in	ADP
cjal-3181	15	15	two	two	NUM
cjal-3181	15	16	ways	way	NOUN
cjal-3181	15	17	:	:	PUNCT
cjal-3181	15	18	(	(	PUNCT
cjal-3181	15	19	1	1	X
cjal-3181	15	20	)	)	PUNCT
cjal-3181	15	21	it	it	PRON
cjal-3181	15	22	failed	fail	VERB
cjal-3181	15	23	to	to	PART
cjal-3181	15	24	publicly	publicly	ADV
cjal-3181	15	25	disclose	disclose	VERB
cjal-3181	15	26	its	its	PRON
cjal-3181	15	27	ownership	ownership	NOUN
cjal-3181	15	28	within	within	ADP
cjal-3181	15	29	the	the	DET
cjal-3181	15	30	required	require	VERB
cjal-3181	15	31	period	period	NOUN
cjal-3181	15	32	of	of	ADP
cjal-3181	15	33	time	time	NOUN
cjal-3181	15	34	when	when	SCONJ
cjal-3181	15	35	it	it	PRON
cjal-3181	15	36	became	become	VERB
cjal-3181	15	37	a	a	DET
cjal-3181	15	38	five	five	NUM
cjal-3181	15	39	-	-	PUNCT
cjal-3181	15	40	percent	percent	NOUN
cjal-3181	15	41	shareholder	shareholder	NOUN
cjal-3181	15	42	of	of	ADP
cjal-3181	15	43	yanzhong	yanzhong	ADP
cjal-3181	15	44	through	through	ADP
cjal-3181	15	45	stock	stock	NOUN
cjal-3181	15	46	purchases	purchase	NOUN
cjal-3181	15	47	by	by	ADP
cjal-3181	15	48	its	its	PRON
cjal-3181	15	49	two	two	NUM
cjal-3181	15	50	affiliates	affiliate	NOUN
cjal-3181	15	51	and	and	CCONJ
cjal-3181	15	52	(	(	PUNCT
cjal-3181	15	53	2	2	X
cjal-3181	15	54	)	)	PUNCT
cjal-3181	15	55	it	it	PRON
cjal-3181	15	56	continued	continue	VERB
cjal-3181	15	57	to	to	PART
cjal-3181	15	58	purchase	purchase	VERB
cjal-3181	15	59	shares	share	NOUN
cjal-3181	15	60	of	of	ADP
cjal-3181	15	61	yanzhong	yanzhong	NOUN
cjal-3181	15	62	when	when	SCONJ
cjal-3181	15	63	it	it	PRON
cjal-3181	15	64	was	be	AUX
cjal-3181	15	65	required	require	VERB
cjal-3181	15	66	to	to	PART
cjal-3181	15	67	cease	cease	VERB
cjal-3181	15	68	such	such	ADJ
cjal-3181	15	69	activity	activity	NOUN
cjal-3181	15	70	immediately	immediately	ADV
cjal-3181	15	71	prior	prior	ADV
cjal-3181	15	72	to	to	ADP
cjal-3181	15	73	publicly	publicly	ADV
cjal-3181	15	74	disclosing	disclose	VERB
cjal-3181	15	75	its	its	PRON
cjal-3181	15	76	ownership	ownership	NOUN
cjal-3181	15	77	position	position	NOUN
cjal-3181	15	78	in	in	ADP
cjal-3181	15	79	yanzhong.6	yanzhong.6	NOUN
cjal-3181	15	80	nevertheless	nevertheless	ADV
cjal-3181	15	81	,	,	PUNCT
cjal-3181	15	82	in	in	ADP
cjal-3181	15	83	spite	spite	NOUN
cjal-3181	15	84	of	of	ADP
cjal-3181	15	85	the	the	DET
cjal-3181	15	86	serious	serious	ADJ
cjal-3181	15	87	violations	violation	NOUN
cjal-3181	15	88	,	,	PUNCT
cjal-3181	15	89	the	the	DET
cjal-3181	15	90	csrc	csrc	NOUN
cjal-3181	15	91	allowed	allow	VERB
cjal-3181	15	92	bao	bao	PROPN
cjal-3181	15	93	an	an	PRON
cjal-3181	15	94	to	to	PART
cjal-3181	15	95	retain	retain	VERB
cjal-3181	15	96	ownership	ownership	NOUN
cjal-3181	15	97	of	of	ADP
cjal-3181	15	98	its	its	PRON
cjal-3181	15	99	shares	share	NOUN
cjal-3181	15	100	of	of	ADP
cjal-3181	15	101	yanzhong.7	yanzhong.7	PRON
cjal-3181	15	102	ultimately	ultimately	ADV
cjal-3181	15	103	,	,	PUNCT
cjal-3181	15	104	the	the	DET
cjal-3181	15	105	takeover	takeover	NOUN
cjal-3181	15	106	attempt	attempt	NOUN
cjal-3181	15	107	stalled	stall	VERB
cjal-3181	15	108	when	when	SCONJ
cjal-3181	15	109	bao	bao	PROPN
cjal-3181	15	110	an	an	PRON
cjal-3181	15	111	was	be	AUX
cjal-3181	15	112	unable	unable	ADJ
cjal-3181	15	113	or	or	CCONJ
cjal-3181	15	114	unwilling	unwilling	ADJ
cjal-3181	15	115	to	to	PART
cjal-3181	15	116	add	add	VERB
cjal-3181	15	117	to	to	ADP
cjal-3181	15	118	its	its	PRON
cjal-3181	15	119	block	block	NOUN
cjal-3181	15	120	of	of	ADP
cjal-3181	15	121	shares	share	NOUN
cjal-3181	15	122	of	of	ADP
cjal-3181	15	123	yanzhong	yanzhong	NOUN
cjal-3181	15	124	because	because	SCONJ
cjal-3181	15	125	it	it	PRON
cjal-3181	15	126	had	have	AUX
cjal-3181	15	127	become	become	VERB
cjal-3181	15	128	unattractive	unattractive	ADJ
cjal-3181	15	129	to	to	PART
cjal-3181	15	130	continue.8	continue.8	VERB
cjal-3181	15	131	when	when	SCONJ
cjal-3181	15	132	bao	bao	PROPN
cjal-3181	15	133	an	an	PRON
cjal-3181	15	134	had	have	AUX
cjal-3181	15	135	initially	initially	ADV
cjal-3181	15	136	accumulated	accumulate	VERB
cjal-3181	15	137	its	its	PRON
cjal-3181	15	138	shares	share	NOUN
cjal-3181	15	139	representing	represent	VERB
cjal-3181	15	140	19.8	19.8	NUM
cjal-3181	15	141	%	%	NOUN
cjal-3181	15	142	of	of	ADP
cjal-3181	15	143	the	the	DET
cjal-3181	15	144	outstanding	outstanding	ADJ
cjal-3181	15	145	shares	share	NOUN
cjal-3181	15	146	of	of	ADP
cjal-3181	15	147	yanzhong	yanzhong	ADP
cjal-3181	15	148	without	without	ADP
cjal-3181	15	149	publicly	publicly	ADV
cjal-3181	15	150	disclosing	disclose	VERB
cjal-3181	15	151	its	its	PRON
cjal-3181	15	152	trading	trading	NOUN
cjal-3181	15	153	activity	activity	NOUN
cjal-3181	15	154	,	,	PUNCT
cjal-3181	15	155	yanzhong	yanzhong	ADP
cjal-3181	15	156	's	's	PART
cjal-3181	15	157	shares	share	NOUN
cjal-3181	15	158	were	be	AUX
cjal-3181	15	159	trading	trade	VERB
cjal-3181	15	160	at	at	ADP
cjal-3181	15	161	around	around	ADP
cjal-3181	15	162	9.8	9.8	NUM
cjal-3181	15	163	rmb	rmb	NOUN
cjal-3181	15	164	per	per	ADP
cjal-3181	15	165	share.9	share.9	NOUN
cjal-3181	15	166	on	on	ADP
cjal-3181	15	167	october	october	PROPN
cjal-3181	15	168	6	6	NUM
cjal-3181	15	169	,	,	PUNCT
cjal-3181	15	170	1993	1993	NUM
cjal-3181	15	171	,	,	PUNCT
cjal-3181	15	172	after	after	ADP
cjal-3181	15	173	yanzhong	yanzhong	ADP
cjal-3181	15	174	held	hold	VERB
cjal-3181	15	175	a	a	DET
cjal-3181	15	176	press	press	NOUN
cjal-3181	15	177	conference	conference	NOUN
cjal-3181	15	178	to	to	PART
cjal-3181	15	179	denounce	denounce	VERB
cjal-3181	15	180	bao	bao	PROPN
cjal-3181	15	181	an	an	PRON
cjal-3181	15	182	's	's	PART
cjal-3181	15	183	tactics	tactic	NOUN
cjal-3181	15	184	,	,	PUNCT
cjal-3181	15	185	yanzhong	yanzhong	ADP
cjal-3181	15	186	's	's	PART
cjal-3181	15	187	shares	share	NOUN
cjal-3181	15	188	closed	close	VERB
cjal-3181	15	189	at	at	ADP
cjal-3181	15	190	21.98	21.98	NUM
cjal-3181	15	191	rmb	rmb	NOUN
cjal-3181	15	192	per	per	ADP
cjal-3181	15	193	share	share	NOUN
cjal-3181	15	194	.	.	PUNCT
cjal-3181	15	195	'	'	PUNCT
cjal-3181	16	1	the	the	DET
cjal-3181	16	2	next	next	ADJ
cjal-3181	16	3	day	day	NOUN
cjal-3181	16	4	,	,	PUNCT
cjal-3181	16	5	with	with	ADP
cjal-3181	16	6	the	the	DET
cjal-3181	16	7	market	market	NOUN
cjal-3181	16	8	fully	fully	ADV
cjal-3181	16	9	aware	aware	ADJ
cjal-3181	16	10	of	of	ADP
cjal-3181	16	11	a	a	DET
cjal-3181	16	12	company	company	NOUN
cjal-3181	16	13	in	in	ADP
cjal-3181	16	14	play	play	NOUN
cjal-3181	16	15	,	,	PUNCT
cjal-3181	16	16	after	after	ADP
cjal-3181	16	17	reaching	reach	VERB
cjal-3181	16	18	a	a	DET
cjal-3181	16	19	high	high	NOUN
cjal-3181	16	20	of	of	ADP
cjal-3181	16	21	42.2	42.2	NUM
cjal-3181	16	22	rmb	rmb	NOUN
cjal-3181	16	23	per	per	ADP
cjal-3181	16	24	share	share	NOUN
cjal-3181	16	25	,	,	PUNCT
cjal-3181	16	26	yanzhong	yanzhong	ADP
cjal-3181	16	27	's	's	PART
cjal-3181	16	28	shares	share	NOUN
cjal-3181	16	29	closed	close	VERB
cjal-3181	16	30	at	at	ADP
cjal-3181	16	31	34.61	34.61	NUM
cjal-3181	16	32	rmb	rmb	NOUN
cjal-3181	16	33	per	per	ADP
cjal-3181	16	34	share	share	NOUN
cjal-3181	16	35	.	.	PUNCT
cjal-3181	16	36	"	"	PUNCT
cjal-3181	17	1	although	although	SCONJ
cjal-3181	17	2	bao	bao	PROPN
cjal-3181	17	3	an	an	PRON
cjal-3181	17	4	did	do	AUX
cjal-3181	17	5	not	not	PART
cjal-3181	17	6	gain	gain	VERB
cjal-3181	17	7	majority	majority	NOUN
cjal-3181	17	8	control	control	NOUN
cjal-3181	17	9	of	of	ADP
cjal-3181	17	10	its	its	PRON
cjal-3181	17	11	target	target	NOUN
cjal-3181	17	12	,	,	PUNCT
cjal-3181	17	13	with	with	ADP
cjal-3181	17	14	the	the	DET
cjal-3181	17	15	shares	share	NOUN
cjal-3181	17	16	it	it	PRON
cjal-3181	17	17	had	have	AUX
cjal-3181	17	18	accumulated	accumulate	VERB
cjal-3181	17	19	,	,	PUNCT
cjal-3181	17	20	it	it	PRON
cjal-3181	17	21	eventually	eventually	ADV
cjal-3181	17	22	secured	secure	VERB
cjal-3181	17	23	two	two	NUM
cjal-3181	17	24	seats	seat	NOUN
cjal-3181	17	25	on	on	ADP
cjal-3181	17	26	yanzhong	yanzhong	PROPN
cjal-3181	17	27	's	's	PART
cjal-3181	17	28	board	board	NOUN
cjal-3181	17	29	of	of	ADP
cjal-3181	17	30	directors	director	NOUN
cjal-3181	17	31	.	.	PUNCT
cjal-3181	18	1	12	12	NUM
cjal-3181	18	2	the	the	DET
cjal-3181	18	3	general	general	ADJ
cjal-3181	18	4	manager	manager	NOUN
cjal-3181	18	5	of	of	ADP
cjal-3181	18	6	the	the	DET
cjal-3181	18	7	bao	bao	PROPN
cjal-3181	18	8	an	an	DET
cjal-3181	18	9	group	group	NOUN
cjal-3181	18	10	was	be	AUX
cjal-3181	18	11	named	name	VERB
cjal-3181	18	12	chairman	chairman	NOUN
cjal-3181	18	13	of	of	ADP
cjal-3181	18	14	yanzhong	yanzhong	PROPN
cjal-3181	18	15	's	's	PART
cjal-3181	18	16	board	board	NOUN
cjal-3181	18	17	of	of	ADP
cjal-3181	18	18	directors	director	NOUN
cjal-3181	18	19	while	while	SCONJ
cjal-3181	18	20	yanzhong	yanzhong	PROPN
cjal-3181	18	21	's	's	PART
cjal-3181	18	22	managing	manage	VERB
cjal-3181	18	23	5	5	NUM
cjal-3181	18	24	.	.	PUNCT
cjal-3181	19	1	i	i	PRON
cjal-3181	19	2	d.	d.	PROPN
cjal-3181	19	3	6	6	NUM
cjal-3181	19	4	.	.	PUNCT
cjal-3181	20	1	rmb	rmb	NOUN
cjal-3181	20	2	i	i	NOUN
cjal-3181	20	3	million	million	NUM
cjal-3181	20	4	fine	fine	NOUN
cjal-3181	20	5	imposed	impose	VERB
cjal-3181	20	6	for	for	ADP
cjal-3181	20	7	failure	failure	NOUN
cjal-3181	20	8	to	to	PART
cjal-3181	20	9	report	report	VERB
cjal-3181	20	10	share	share	NOUN
cjal-3181	20	11	holdings	holding	NOUN
cjal-3181	20	12	,	,	PUNCT
cjal-3181	20	13	china	china	PROPN
cjal-3181	20	14	l.	l.	PROPN
cjal-3181	20	15	&	&	CCONJ
cjal-3181	20	16	prac	prac	PROPN
cjal-3181	20	17	.	.	PROPN
cjal-3181	20	18	,	,	PUNCT
cjal-3181	20	19	jan	jan	PROPN
cjal-3181	20	20	.	.	PROPN
cjal-3181	20	21	31	31	NUM
cjal-3181	20	22	,	,	PUNCT
cjal-3181	20	23	1994	1994	NUM
cjal-3181	20	24	,	,	PUNCT
cjal-3181	20	25	at	at	ADP
cjal-3181	20	26	21	21	NUM
cjal-3181	20	27	.	.	PUNCT
cjal-3181	21	1	7	7	X
cjal-3181	21	2	.	.	X
cjal-3181	22	1	i	i	PRON
cjal-3181	22	2	d.	d.	PROPN
cjal-3181	22	3	(	(	PUNCT
cjal-3181	22	4	the	the	DET
cjal-3181	22	5	csrc	csrc	NOUN
cjal-3181	22	6	held	hold	VERB
cjal-3181	22	7	that	that	SCONJ
cjal-3181	22	8	the	the	DET
cjal-3181	22	9	share	share	NOUN
cjal-3181	22	10	rights	right	NOUN
cjal-3181	22	11	of	of	ADP
cjal-3181	22	12	the	the	DET
cjal-3181	22	13	yanzhong	yanzhong	NOUN
cjal-3181	22	14	shares	share	NOUN
cjal-3181	22	15	purchased	purchase	VERB
cjal-3181	22	16	by	by	ADP
cjal-3181	22	17	bao	bao	PROPN
cjal-3181	22	18	an	an	PRON
cjal-3181	22	19	were	be	AUX
cjal-3181	22	20	valid	valid	ADJ
cjal-3181	22	21	;	;	PUNCT
cjal-3181	22	22	bao	bao	PROPN
cjal-3181	22	23	an	an	PRON
cjal-3181	22	24	and	and	CCONJ
cjal-3181	22	25	its	its	PRON
cjal-3181	22	26	affiliates	affiliate	NOUN
cjal-3181	22	27	had	have	AUX
cjal-3181	22	28	violated	violate	VERB
cjal-3181	22	29	regulations	regulation	NOUN
cjal-3181	22	30	in	in	ADP
cjal-3181	22	31	dealing	deal	VERB
cjal-3181	22	32	with	with	ADP
cjal-3181	22	33	the	the	DET
cjal-3181	22	34	shares	share	NOUN
cjal-3181	22	35	)	)	PUNCT
cjal-3181	22	36	.	.	PUNCT
cjal-3181	23	1	8	8	X
cjal-3181	23	2	.	.	PUNCT
cjal-3181	23	3	andrew	andrew	PROPN
cjal-3181	23	4	browne	browne	PROPN
cjal-3181	23	5	,	,	PUNCT
cjal-3181	23	6	friendly	friendly	ADJ
cjal-3181	23	7	corporate	corporate	ADJ
cjal-3181	23	8	raid	raid	NOUN
cjal-3181	23	9	roils	roil	VERB
cjal-3181	23	10	shanghai	shanghai	PROPN
cjal-3181	23	11	stocks	stock	NOUN
cjal-3181	23	12	,	,	PUNCT
cjal-3181	23	13	rejter	rejter	NOUN
cjal-3181	23	14	asia	asia	PROPN
cjal-3181	23	15	-	-	PUNCT
cjal-3181	23	16	pacific	pacific	PROPN
cjal-3181	23	17	bus	bus	NOUN
cjal-3181	23	18	.	.	PUNCT
cjal-3181	24	1	rep	rep	PROPN
cjal-3181	24	2	.	.	PROPN
cjal-3181	24	3	,	,	PUNCT
cjal-3181	24	4	nov	nov	PROPN
cjal-3181	24	5	.	.	PROPN
cjal-3181	24	6	10	10	NUM
cjal-3181	24	7	,	,	PUNCT
cjal-3181	24	8	1993	1993	NUM
cjal-3181	24	9	,	,	PUNCT
cjal-3181	24	10	available	available	ADJ
cjal-3181	24	11	in	in	ADP
cjal-3181	24	12	lexis	lexis	NOUN
cjal-3181	24	13	(	(	PUNCT
cjal-3181	24	14	"	"	PUNCT
cjal-3181	24	15	the	the	DET
cjal-3181	24	16	raid	raid	NOUN
cjal-3181	24	17	was	be	AUX
cjal-3181	24	18	repelled	repel	VERB
cjal-3181	24	19	as	as	ADP
cjal-3181	24	20	yanzhong	yanzhong	ADP
cjal-3181	24	21	threatened	threatened	ADJ
cjal-3181	24	22	legal	legal	ADJ
cjal-3181	24	23	action	action	NOUN
cjal-3181	24	24	to	to	PART
cjal-3181	24	25	defend	defend	VERB
cjal-3181	24	26	itself	itself	PRON
cjal-3181	24	27	.	.	PUNCT
cjal-3181	24	28	"	"	PUNCT
cjal-3181	24	29	)	)	PUNCT
cjal-3181	24	30	.	.	PUNCT
cjal-3181	25	1	9	9	X
cjal-3181	25	2	.	.	X
cjal-3181	25	3	shanghai	shanghai	PROPN
cjal-3181	25	4	a	a	DET
cjal-3181	25	5	shares	share	NOUN
cjal-3181	25	6	down	down	ADP
cjal-3181	25	7	as	as	ADP
cjal-3181	25	8	turnover	turnover	NOUN
cjal-3181	25	9	withers	wither	NOUN
cjal-3181	25	10	,	,	PUNCT
cjal-3181	25	11	reuter	reuter	PROPN
cjal-3181	25	12	asia	asia	PROPN
cjal-3181	25	13	pacific	pacific	PROPN
cjal-3181	25	14	bus	bus	PROPN
cjal-3181	25	15	.	.	PUNCT
cjal-3181	26	1	rep	rep	PROPN
cjal-3181	26	2	.	.	PROPN
cjal-3181	26	3	,	,	PUNCT
cjal-3181	26	4	sep	sep	PROPN
cjal-3181	26	5	.	.	PROPN
cjal-3181	26	6	16	16	NUM
cjal-3181	26	7	,	,	PUNCT
cjal-3181	26	8	1993	1993	NUM
cjal-3181	26	9	,	,	PUNCT
cjal-3181	26	10	available	available	ADJ
cjal-3181	26	11	in	in	ADP
cjal-3181	26	12	lexis	lexis	NOUN
cjal-3181	26	13	.	.	PUNCT
cjal-3181	27	1	see	see	VERB
cjal-3181	27	2	also	also	ADV
cjal-3181	27	3	shanghai	shanghai	PROPN
cjal-3181	27	4	market	market	NOUN
cjal-3181	27	5	hits	hit	VERB
cjal-3181	27	6	record	record	NOUN
cjal-3181	27	7	turnover	turnover	NOUN
cjal-3181	27	8	value	value	NOUN
cjal-3181	27	9	,	,	PUNCT
cjal-3181	27	10	reuter	reuter	PROPN
cjal-3181	27	11	europeanbus	europeanbus	PROPN
cjal-3181	27	12	.	.	PUNCT
cjal-3181	28	1	rep	rep	PROPN
cjal-3181	28	2	.	.	PROPN
cjal-3181	28	3	,	,	PUNCT
cjal-3181	28	4	oct	oct	PROPN
cjal-3181	28	5	.	.	PROPN
cjal-3181	28	6	7	7	NUM
cjal-3181	28	7	,	,	PUNCT
cjal-3181	28	8	1993	1993	NUM
cjal-3181	28	9	,	,	PUNCT
cjal-3181	28	10	available	available	ADJ
cjal-3181	28	11	in	in	ADP
cjal-3181	28	12	lexis	lexis	NOUN
cjal-3181	28	13	(	(	PUNCT
cjal-3181	28	14	"	"	PUNCT
cjal-3181	28	15	yanzhong	yanzhong	NOUN
cjal-3181	28	16	was	be	AUX
cjal-3181	28	17	trading	trade	VERB
cjal-3181	28	18	atjust	atjust	ADV
cjal-3181	28	19	9.8	9.8	NUM
cjal-3181	28	20	renminbi	renminbi	NOUN
cjal-3181	28	21	about	about	ADV
cjal-3181	28	22	three	three	NUM
cjal-3181	28	23	weeks	week	NOUN
cjal-3181	28	24	ago	ago	ADV
cjal-3181	28	25	when	when	SCONJ
cjal-3181	28	26	bao	bao	PROPN
cjal-3181	28	27	an	an	PRON
cjal-3181	28	28	made	make	VERB
cjal-3181	28	29	its	its	PRON
cjal-3181	28	30	move	move	NOUN
cjal-3181	28	31	.	.	PUNCT
cjal-3181	29	1	"	"	PUNCT
cjal-3181	29	2	)	)	PUNCT
cjal-3181	29	3	.	.	PUNCT
cjal-3181	30	1	10	10	NUM
cjal-3181	30	2	.	.	X
cjal-3181	31	1	yanzhong	yanzhong	ADP
cjal-3181	31	2	battles	battle	NOUN
cjal-3181	31	3	predator	predator	NOUN
cjal-3181	31	4	,	,	PUNCT
cjal-3181	31	5	supra	supra	PROPN
cjal-3181	31	6	note	note	NOUN
cjal-3181	31	7	3	3	NUM
cjal-3181	31	8	(	(	PUNCT
cjal-3181	31	9	"	"	PUNCT
cjal-3181	31	10	yanzhong	yanzhong	ADP
cjal-3181	31	11	rocketed	rocket	VERB
cjal-3181	31	12	by	by	ADP
cjal-3181	31	13	34	34	NUM
cjal-3181	31	14	per	per	NOUN
cjal-3181	31	15	cent	cent	NOUN
cjal-3181	31	16	yesterday	yesterday	NOUN
cjal-3181	31	17	to	to	ADP
cjal-3181	31	18	21.98	21.98	NUM
cjal-3181	31	19	yuan	yuan	NOUN
cjal-3181	31	20	with	with	ADP
cjal-3181	31	21	11.1	11.1	NUM
cjal-3181	31	22	million	million	NUM
cjal-3181	31	23	shares	share	NOUN
cjal-3181	31	24	changing	change	VERB
cjal-3181	31	25	hands	hand	NOUN
cjal-3181	31	26	,	,	PUNCT
cjal-3181	31	27	accounting	account	VERB
cjal-3181	31	28	for	for	ADP
cjal-3181	31	29	almost	almost	ADV
cjal-3181	31	30	20	20	NUM
cjal-3181	31	31	%	%	NOUN
cjal-3181	31	32	of	of	ADP
cjal-3181	31	33	the	the	DET
cjal-3181	31	34	turnover	turnover	NOUN
cjal-3181	31	35	.	.	PUNCT
cjal-3181	31	36	"	"	PUNCT
cjal-3181	31	37	)	)	PUNCT
cjal-3181	31	38	.	.	PUNCT
cjal-3181	32	1	11	11	NUM
cjal-3181	32	2	.	.	PUNCT
cjal-3181	33	1	shanghai	shanghai	PROPN
cjal-3181	33	2	stock	stock	PROPN
cjal-3181	33	3	market	market	NOUN
cjal-3181	33	4	hits	hit	VERB
cjal-3181	33	5	record	record	NOUN
cjal-3181	33	6	turnover	turnover	NOUN
cjal-3181	33	7	value	value	NOUN
cjal-3181	33	8	,	,	PUNCT
cjal-3181	33	9	supra	supra	PROPN
cjal-3181	33	10	note	note	NOUN
cjal-3181	33	11	9	9	NUM
cjal-3181	33	12	.	.	NOUN
cjal-3181	33	13	12	12	NUM
cjal-3181	33	14	.	.	PUNCT
cjal-3181	34	1	christine	christine	PROPN
cjal-3181	34	2	chan	chan	PROPN
cjal-3181	34	3	,	,	PUNCT
cjal-3181	34	4	s.	s.	PROPN
cjal-3181	34	5	china	china	PROPN
cjal-3181	34	6	morning	morning	PROPN
cjal-3181	34	7	post	post	PROPN
cjal-3181	34	8	,	,	PUNCT
cjal-3181	34	9	mar	mar	PROPN
cjal-3181	34	10	.	.	PROPN
cjal-3181	34	11	19	19	NUM
cjal-3181	34	12	,	,	PUNCT
cjal-3181	34	13	1994	1994	NUM
cjal-3181	34	14	,	,	PUNCT
cjal-3181	34	15	business	business	NOUN
cjal-3181	34	16	at	at	ADP
cjal-3181	34	17	6	6	NUM
cjal-3181	34	18	,	,	PUNCT
cjal-3181	34	19	available	available	ADJ
cjal-3181	34	20	in	in	ADP
cjal-3181	34	21	lexis	lexis	NOUN
cjal-3181	34	22	.	.	PUNCT
cjal-3181	35	1	[	[	X
cjal-3181	35	2	12:1	12:1	NUM
cjal-3181	35	3	1998	1998	NUM
cjal-3181	35	4	]	]	PUNCT
cjal-3181	35	5	comparison	comparison	NOUN
cjal-3181	35	6	of	of	ADP
cjal-3181	35	7	takeover	takeover	NOUN
cjal-3181	35	8	regulations	regulation	NOUN
cjal-3181	35	9	of	of	ADP
cjal-3181	35	10	us	us	PROPN
cjal-3181	35	11	&	&	CCONJ
cjal-3181	35	12	china	china	PROPN
cjal-3181	35	13	101	101	NUM
cjal-3181	35	14	director	director	NOUN
cjal-3181	35	15	resigned	resign	VERB
cjal-3181	35	16	and	and	CCONJ
cjal-3181	35	17	became	become	VERB
cjal-3181	35	18	honorary	honorary	ADJ
cjal-3181	35	19	chairman	chairman	NOUN
cjal-3181	35	20	of	of	ADP
cjal-3181	35	21	the	the	DET
cjal-3181	35	22	board	board	NOUN
cjal-3181	35	23	of	of	ADP
cjal-3181	35	24	directors	director	NOUN
cjal-3181	35	25	.	.	PUNCT
cjal-3181	36	1	3	3	NUM
cjal-3181	36	2	a	a	DET
cjal-3181	36	3	month	month	NOUN
cjal-3181	36	4	after	after	SCONJ
cjal-3181	36	5	bao	bao	PROPN
cjal-3181	36	6	an	an	PRON
cjal-3181	36	7	's	's	PART
cjal-3181	36	8	attempt	attempt	NOUN
cjal-3181	36	9	to	to	PART
cjal-3181	36	10	gain	gain	VERB
cjal-3181	36	11	control	control	NOUN
cjal-3181	36	12	of	of	ADP
cjal-3181	36	13	yanzhong	yanzhong	PROPN
cjal-3181	36	14	,	,	PUNCT
cjal-3181	36	15	shenzhen	shenzhen	PROPN
cjal-3181	36	16	vanke	vanke	PROPN
cjal-3181	36	17	(	(	PUNCT
cjal-3181	36	18	"	"	PUNCT
cjal-3181	36	19	vanke	vanke	NOUN
cjal-3181	36	20	"	"	PUNCT
cjal-3181	36	21	)	)	PUNCT
cjal-3181	36	22	,	,	PUNCT
cjal-3181	36	23	another	another	DET
cjal-3181	36	24	shenzhen	shenzhen	PROPN
cjal-3181	36	25	company	company	PROPN
cjal-3181	36	26	,	,	PUNCT
cjal-3181	36	27	appeared	appear	VERB
cjal-3181	36	28	to	to	PART
cjal-3181	36	29	attempt	attempt	VERB
cjal-3181	36	30	to	to	PART
cjal-3181	36	31	acquire	acquire	VERB
cjal-3181	36	32	control	control	NOUN
cjal-3181	36	33	of	of	ADP
cjal-3181	36	34	a	a	DET
cjal-3181	36	35	shanghai	shanghai	PROPN
cjal-3181	36	36	publicly	publicly	ADV
cjal-3181	36	37	-	-	PUNCT
cjal-3181	36	38	traded	trade	VERB
cjal-3181	36	39	company	company	NOUN
cjal-3181	36	40	,	,	PUNCT
cjal-3181	36	41	shanghai	shanghai	PROPN
cjal-3181	36	42	shenhua	shenhua	PROPN
cjal-3181	36	43	industrial	industrial	PROPN
cjal-3181	36	44	(	(	PUNCT
cjal-3181	36	45	"	"	PUNCT
cjal-3181	36	46	shenhua	shenhua	NOUN
cjal-3181	36	47	"	"	PUNCT
cjal-3181	36	48	)	)	PUNCT
cjal-3181	36	49	.	.	PUNCT
cjal-3181	37	1	in	in	ADP
cjal-3181	37	2	this	this	DET
cjal-3181	37	3	case	case	NOUN
cjal-3181	37	4	,	,	PUNCT
cjal-3181	37	5	although	although	SCONJ
cjal-3181	37	6	the	the	DET
cjal-3181	37	7	government	government	NOUN
cjal-3181	37	8	explicitly	explicitly	ADV
cjal-3181	37	9	approved	approve	VERB
cjal-3181	37	10	the	the	DET
cjal-3181	37	11	takeover	takeover	NOUN
cjal-3181	37	12	attempt	attempt	NOUN
cjal-3181	37	13	as	as	ADP
cjal-3181	37	14	a	a	DET
cjal-3181	37	15	sign	sign	NOUN
cjal-3181	37	16	of	of	ADP
cjal-3181	37	17	a	a	DET
cjal-3181	37	18	modem	modem	NOUN
cjal-3181	37	19	and	and	CCONJ
cjal-3181	37	20	liquid	liquid	ADJ
cjal-3181	37	21	stock	stock	NOUN
cjal-3181	37	22	market	market	NOUN
cjal-3181	37	23	and	and	CCONJ
cjal-3181	37	24	shenhua	shenhua	NOUN
cjal-3181	37	25	's	's	PART
cjal-3181	37	26	management	management	NOUN
cjal-3181	37	27	welcomed	welcome	VERB
cjal-3181	37	28	the	the	DET
cjal-3181	37	29	unsolicited	unsolicited	ADJ
cjal-3181	37	30	bid,14	bid,14	ADV
cjal-3181	37	31	there	there	PRON
cjal-3181	37	32	was	be	VERB
cjal-3181	37	33	no	no	DET
cjal-3181	37	34	change	change	NOUN
cjal-3181	37	35	in	in	ADP
cjal-3181	37	36	control	control	NOUN
cjal-3181	37	37	of	of	ADP
cjal-3181	37	38	the	the	DET
cjal-3181	37	39	target	target	NOUN
cjal-3181	37	40	company	company	NOUN
cjal-3181	37	41	.	.	PUNCT
cjal-3181	38	1	after	after	ADP
cjal-3181	38	2	acquiring	acquire	VERB
cjal-3181	38	3	five	five	NUM
cjal-3181	38	4	percent	percent	NOUN
cjal-3181	38	5	of	of	ADP
cjal-3181	38	6	shenhua	shenhua	NOUN
cjal-3181	38	7	's	's	PART
cjal-3181	38	8	outstanding	outstanding	ADJ
cjal-3181	38	9	shares	share	NOUN
cjal-3181	38	10	,	,	PUNCT
cjal-3181	38	11	vanke	vanke	PROPN
cjal-3181	38	12	found	find	VERB
cjal-3181	38	13	that	that	SCONJ
cjal-3181	38	14	it	it	PRON
cjal-3181	38	15	could	could	AUX
cjal-3181	38	16	not	not	PART
cjal-3181	38	17	cheaply	cheaply	ADV
cjal-3181	38	18	increase	increase	VERB
cjal-3181	38	19	its	its	PRON
cjal-3181	38	20	stake	stake	NOUN
cjal-3181	38	21	to	to	PART
cjal-3181	38	22	gain	gain	VERB
cjal-3181	38	23	majority	majority	NOUN
cjal-3181	38	24	control	control	NOUN
cjal-3181	38	25	.	.	PUNCT
cjal-3181	38	26	'	'	PUNCT
cjal-3181	39	1	5	5	NUM
cjal-3181	39	2	"	"	PUNCT
cjal-3181	39	3	the	the	DET
cjal-3181	39	4	cost	cost	NOUN
cjal-3181	39	5	of	of	ADP
cjal-3181	39	6	further	far	ADV
cjal-3181	39	7	increasing	increase	VERB
cjal-3181	39	8	the	the	DET
cjal-3181	39	9	stake	stake	NOUN
cjal-3181	39	10	would	would	AUX
cjal-3181	39	11	be	be	AUX
cjal-3181	39	12	too	too	ADV
cjal-3181	39	13	high	high	ADJ
cjal-3181	39	14	to	to	PART
cjal-3181	39	15	buy	buy	VERB
cjal-3181	39	16	in	in	ADP
cjal-3181	39	17	the	the	DET
cjal-3181	39	18	market	market	NOUN
cjal-3181	39	19	so	so	SCONJ
cjal-3181	39	20	we	we	PRON
cjal-3181	39	21	will	will	AUX
cjal-3181	39	22	be	be	AUX
cjal-3181	39	23	very	very	ADV
cjal-3181	39	24	careful	careful	ADJ
cjal-3181	39	25	in	in	ADP
cjal-3181	39	26	deciding	decide	VERB
cjal-3181	39	27	our	our	PRON
cjal-3181	39	28	next	next	ADJ
cjal-3181	39	29	move	move	NOUN
cjal-3181	39	30	,	,	PUNCT
cjal-3181	39	31	"	"	PUNCT
cjal-3181	39	32	said	say	VERB
cjal-3181	39	33	vanke	vanke	PROPN
cjal-3181	39	34	chairman	chairman	PROPN
cjal-3181	39	35	mr	mr	PROPN
cjal-3181	39	36	.	.	PROPN
cjal-3181	39	37	wang	wang	PROPN
cjal-3181	39	38	shi.16	shi.16	PROPN
cjal-3181	39	39	then	then	ADV
cjal-3181	39	40	,	,	PUNCT
cjal-3181	39	41	on	on	ADP
cjal-3181	39	42	december	december	PROPN
cjal-3181	39	43	22	22	NUM
cjal-3181	39	44	,	,	PUNCT
cjal-3181	39	45	1993	1993	NUM
cjal-3181	39	46	,	,	PUNCT
cjal-3181	39	47	shenzhen	shenzhen	PROPN
cjal-3181	39	48	tianji	tianji	VERB
cjal-3181	39	49	optical	optical	ADJ
cjal-3181	39	50	electronics	electronic	NOUN
cjal-3181	39	51	technology	technology	NOUN
cjal-3181	39	52	(	(	PUNCT
cjal-3181	39	53	"	"	PUNCT
cjal-3181	39	54	tianji	tianji	NOUN
cjal-3181	39	55	"	"	PUNCT
cjal-3181	39	56	)	)	PUNCT
cjal-3181	39	57	,	,	PUNCT
cjal-3181	39	58	a	a	DET
cjal-3181	39	59	shenzhen	shenzhen	PROPN
cjal-3181	39	60	company	company	NOUN
cjal-3181	39	61	,	,	PUNCT
cjal-3181	39	62	acquired	acquire	VERB
cjal-3181	39	63	5.2	5.2	NUM
cjal-3181	39	64	%	%	NOUN
cjal-3181	39	65	of	of	ADP
cjal-3181	39	66	the	the	DET
cjal-3181	39	67	outstanding	outstanding	ADJ
cjal-3181	39	68	shares	share	NOUN
cjal-3181	39	69	of	of	ADP
cjal-3181	39	70	shanghai	shanghai	PROPN
cjal-3181	39	71	feile	feile	NOUN
cjal-3181	39	72	acoustics	acoustic	NOUN
cjal-3181	39	73	(	(	PUNCT
cjal-3181	39	74	"	"	PUNCT
cjal-3181	39	75	feile	feile	NOUN
cjal-3181	39	76	acoustics	acoustic	NOUN
cjal-3181	39	77	"	"	PUNCT
cjal-3181	39	78	)	)	PUNCT
cjal-3181	39	79	.	.	PUNCT
cjal-3181	40	1	7	7	NUM
cjal-3181	40	2	a	a	DET
cjal-3181	40	3	week	week	NOUN
cjal-3181	40	4	later	later	ADV
cjal-3181	40	5	,	,	PUNCT
cjal-3181	40	6	it	it	PRON
cjal-3181	40	7	made	make	VERB
cjal-3181	40	8	an	an	DET
cjal-3181	40	9	additional	additional	ADJ
cjal-3181	40	10	purchase	purchase	NOUN
cjal-3181	40	11	of	of	ADP
cjal-3181	40	12	two	two	NUM
cjal-3181	40	13	percent	percent	NOUN
cjal-3181	40	14	of	of	ADP
cjal-3181	40	15	the	the	DET
cjal-3181	40	16	outstanding	outstanding	ADJ
cjal-3181	40	17	shares	share	NOUN
cjal-3181	40	18	.	.	PUNCT
cjal-3181	40	19	'8	'8	PUNCT
cjal-3181	41	1	in	in	ADP
cjal-3181	41	2	contrast	contrast	NOUN
cjal-3181	41	3	to	to	ADP
cjal-3181	41	4	the	the	DET
cjal-3181	41	5	previous	previous	ADJ
cjal-3181	41	6	two	two	NUM
cjal-3181	41	7	takeovers	takeover	NOUN
cjal-3181	41	8	,	,	PUNCT
cjal-3181	41	9	there	there	PRON
cjal-3181	41	10	was	be	VERB
cjal-3181	41	11	another	another	DET
cjal-3181	41	12	bidder	bidder	NOUN
cjal-3181	41	13	for	for	ADP
cjal-3181	41	14	the	the	DET
cjal-3181	41	15	target	target	NOUN
cjal-3181	41	16	company	company	NOUN
cjal-3181	41	17	:	:	PUNCT
cjal-3181	41	18	shanghai	shanghai	PROPN
cjal-3181	41	19	feile	feile	PROPN
cjal-3181	41	20	company	company	NOUN
cjal-3181	41	21	(	(	PUNCT
cjal-3181	41	22	"	"	PUNCT
cjal-3181	41	23	feile	feile	NOUN
cjal-3181	41	24	company	company	NOUN
cjal-3181	41	25	"	"	PUNCT
cjal-3181	41	26	)	)	PUNCT
cjal-3181	41	27	,	,	PUNCT
cjal-3181	41	28	'	'	PUNCT
cjal-3181	41	29	9	9	NUM
cjal-3181	41	30	the	the	DET
cjal-3181	41	31	founder	founder	NOUN
cjal-3181	41	32	and	and	CCONJ
cjal-3181	41	33	major	major	ADJ
cjal-3181	41	34	shareholder	shareholder	NOUN
cjal-3181	41	35	of	of	ADP
cjal-3181	41	36	feile	feile	NOUN
cjal-3181	41	37	acoustics	acoustic	NOUN
cjal-3181	41	38	who	who	PRON
cjal-3181	41	39	,	,	PUNCT
cjal-3181	41	40	at	at	ADP
cjal-3181	41	41	that	that	DET
cjal-3181	41	42	time	time	NOUN
cjal-3181	41	43	,	,	PUNCT
cjal-3181	41	44	owned	own	VERB
cjal-3181	41	45	16.3	16.3	NUM
cjal-3181	41	46	%	%	NOUN
cjal-3181	41	47	of	of	ADP
cjal-3181	41	48	the	the	DET
cjal-3181	41	49	outstanding	outstanding	ADJ
cjal-3181	41	50	shares	share	NOUN
cjal-3181	41	51	of	of	ADP
cjal-3181	41	52	feile	feile	NOUN
cjal-3181	41	53	acoustics.20	acoustics.20	NOUN
cjal-3181	41	54	while	while	SCONJ
cjal-3181	41	55	feile	feile	NOUN
cjal-3181	41	56	company	company	NOUN
cjal-3181	41	57	increased	increase	VERB
cjal-3181	41	58	its	its	PRON
cjal-3181	41	59	ownership	ownership	NOUN
cjal-3181	41	60	in	in	ADP
cjal-3181	41	61	feile	feile	NOUN
cjal-3181	41	62	acoustics	acoustic	NOUN
cjal-3181	41	63	to	to	ADP
cjal-3181	41	64	20.2	20.2	NUM
cjal-3181	41	65	%	%	NOUN
cjal-3181	41	66	of	of	ADP
cjal-3181	41	67	the	the	DET
cjal-3181	41	68	outstanding	outstanding	ADJ
cjal-3181	41	69	shares	share	NOUN
cjal-3181	41	70	over	over	ADP
cjal-3181	41	71	two	two	NUM
cjal-3181	41	72	weeks	week	NOUN
cjal-3181	41	73	of	of	ADP
cjal-3181	41	74	buying	buying	NOUN
cjal-3181	41	75	,	,	PUNCT
cjal-3181	41	76	tianji	tianji	NOUN
cjal-3181	41	77	did	do	AUX
cjal-3181	41	78	not	not	PART
cjal-3181	41	79	acquire	acquire	VERB
cjal-3181	41	80	13	13	NUM
cjal-3181	41	81	.	.	PUNCT
cjal-3181	42	1	i	i	PRON
cjal-3181	42	2	d.	d.	PROPN
cjal-3181	42	3	14	14	NUM
cjal-3181	42	4	.	.	PUNCT
cjal-3181	43	1	christine	christine	PROPN
cjal-3181	43	2	chan	chan	PROPN
cjal-3181	43	3	,	,	PUNCT
cjal-3181	43	4	vanke	vanke	PROPN
cjal-3181	43	5	grabs	grab	VERB
cjal-3181	43	6	5pc	5pc	ADV
cjal-3181	43	7	of	of	ADP
cjal-3181	43	8	shanghai	shanghai	PROPN
cjal-3181	43	9	finn	finn	PROPN
cjal-3181	43	10	in	in	ADP
cjal-3181	43	11	china	china	PROPN
cjal-3181	43	12	's	's	PART
cjal-3181	43	13	first	first	ADJ
cjal-3181	43	14	'	'	PUNCT
cjal-3181	43	15	friendly	friendly	ADJ
cjal-3181	43	16	'	'	PUNCT
cjal-3181	43	17	raid	raid	NOUN
cjal-3181	43	18	,	,	PUNCT
cjal-3181	43	19	s.	s.	PROPN
cjal-3181	43	20	china	china	PROPN
cjal-3181	43	21	morning	morning	PROPN
cjal-3181	43	22	post	post	PROPN
cjal-3181	43	23	,	,	PUNCT
cjal-3181	43	24	nov	nov	PROPN
cjal-3181	43	25	.	.	PROPN
cjal-3181	43	26	11	11	NUM
cjal-3181	43	27	,	,	PUNCT
cjal-3181	43	28	1993	1993	NUM
cjal-3181	43	29	,	,	PUNCT
cjal-3181	43	30	business	business	NOUN
cjal-3181	43	31	at	at	ADP
cjal-3181	43	32	1	1	NUM
cjal-3181	43	33	,	,	PUNCT
cjal-3181	43	34	available	available	ADJ
cjal-3181	43	35	in	in	ADP
cjal-3181	43	36	lexis	lexis	NOUN
cjal-3181	43	37	.	.	PUNCT
cjal-3181	44	1	15	15	NUM
cjal-3181	44	2	.	.	PUNCT
cjal-3181	45	1	plenum	plenum	PROPN
cjal-3181	45	2	's	's	PART
cjal-3181	45	3	growth	growth	NOUN
cjal-3181	45	4	edict	edict	ADJ
cjal-3181	45	5	fillip	fillip	NOUN
cjal-3181	45	6	for	for	ADP
cjal-3181	45	7	shares	share	NOUN
cjal-3181	45	8	,	,	PUNCT
cjal-3181	45	9	s.	s.	PROPN
cjal-3181	45	10	china	china	PROPN
cjal-3181	45	11	morning	morning	PROPN
cjal-3181	45	12	post	post	PROPN
cjal-3181	45	13	,	,	PUNCT
cjal-3181	45	14	nov	nov	PROPN
cjal-3181	45	15	.	.	PROPN
cjal-3181	45	16	16	16	NUM
cjal-3181	45	17	.	.	PUNCT
cjal-3181	45	18	1993	1993	NUM
cjal-3181	45	19	,	,	PUNCT
cjal-3181	45	20	business	business	NOUN
cjal-3181	45	21	at	at	ADP
cjal-3181	45	22	19	19	NUM
cjal-3181	45	23	,	,	PUNCT
cjal-3181	45	24	available	available	ADJ
cjal-3181	45	25	in	in	ADP
cjal-3181	45	26	lexis	lexis	NOUN
cjal-3181	45	27	(	(	PUNCT
cjal-3181	45	28	"	"	PUNCT
cjal-3181	45	29	however	however	ADV
cjal-3181	45	30	,	,	PUNCT
cjal-3181	45	31	vanke	vanke	PROPN
cjal-3181	45	32	has	have	AUX
cjal-3181	45	33	since	since	SCONJ
cjal-3181	45	34	said	say	VERB
cjal-3181	45	35	under	under	ADP
cjal-3181	45	36	the	the	DET
cjal-3181	45	37	takeover	takeover	NOUN
cjal-3181	45	38	rules	rule	NOUN
cjal-3181	45	39	,	,	PUNCT
cjal-3181	45	40	a	a	DET
cjal-3181	45	41	full	full	ADJ
cjal-3181	45	42	takeover	takeover	NOUN
cjal-3181	45	43	would	would	AUX
cjal-3181	45	44	be	be	AUX
cjal-3181	45	45	very	very	ADV
cjal-3181	45	46	expensive	expensive	ADJ
cjal-3181	45	47	because	because	SCONJ
cjal-3181	45	48	it	it	PRON
cjal-3181	45	49	had	have	VERB
cjal-3181	45	50	to	to	PART
cjal-3181	45	51	announce	announce	VERB
cjal-3181	45	52	increases	increase	NOUN
cjal-3181	45	53	in	in	ADP
cjal-3181	45	54	its	its	PRON
cjal-3181	45	55	stake	stake	NOUN
cjal-3181	45	56	which	which	PRON
cjal-3181	45	57	would	would	AUX
cjal-3181	45	58	encourage	encourage	VERB
cjal-3181	45	59	speculation	speculation	NOUN
cjal-3181	45	60	in	in	ADP
cjal-3181	45	61	its	its	PRON
cjal-3181	45	62	shares	share	NOUN
cjal-3181	45	63	and	and	CCONJ
cjal-3181	45	64	a	a	DET
cjal-3181	45	65	rise	rise	NOUN
cjal-3181	45	66	in	in	ADP
cjal-3181	45	67	the	the	DET
cjal-3181	45	68	share	share	NOUN
cjal-3181	45	69	price	price	NOUN
cjal-3181	45	70	.	.	PUNCT
cjal-3181	46	1	"	"	PUNCT
cjal-3181	46	2	)	)	PUNCT
cjal-3181	46	3	.	.	PUNCT
cjal-3181	47	1	16	16	NUM
cjal-3181	47	2	.	.	PUNCT
cjal-3181	48	1	christine	christine	PROPN
cjal-3181	48	2	chan	chan	PROPN
cjal-3181	48	3	,	,	PUNCT
cjal-3181	48	4	shenhua	shenhua	PROPN
cjal-3181	48	5	stake	stake	NOUN
cjal-3181	48	6	cost	cost	NOUN
cjal-3181	48	7	vanke	vanke	NOUN
cjal-3181	48	8	39	39	NUM
cjal-3181	48	9	m	m	NOUN
cjal-3181	48	10	yuan	yuan	NOUN
cjal-3181	48	11	,	,	PUNCT
cjal-3181	48	12	s.	s.	PROPN
cjal-3181	48	13	china	china	PROPN
cjal-3181	48	14	morning	morning	PROPN
cjal-3181	48	15	post	post	PROPN
cjal-3181	48	16	,	,	PUNCT
cjal-3181	48	17	nov	nov	PROPN
cjal-3181	48	18	.	.	PROPN
cjal-3181	48	19	15	15	NUM
cjal-3181	48	20	,	,	PUNCT
cjal-3181	48	21	1993	1993	NUM
cjal-3181	48	22	,	,	PUNCT
cjal-3181	48	23	business	business	NOUN
cjal-3181	48	24	at	at	ADP
cjal-3181	48	25	3	3	NUM
cjal-3181	48	26	,	,	PUNCT
cjal-3181	48	27	available	available	ADJ
cjal-3181	48	28	in	in	ADP
cjal-3181	48	29	lexis	lexis	NOUN
cjal-3181	48	30	.	.	PUNCT
cjal-3181	49	1	17	17	NUM
cjal-3181	49	2	.	.	PUNCT
cjal-3181	50	1	christine	christine	PROPN
cjal-3181	50	2	chan	chan	PROPN
cjal-3181	50	3	,	,	PUNCT
cjal-3181	50	4	shenzhen	shenzhen	PROPN
cjal-3181	50	5	company	company	PROPN
cjal-3181	50	6	buys	buy	VERB
cjal-3181	50	7	5pc	5pc	ADV
cjal-3181	50	8	of	of	ADP
cjal-3181	50	9	shanghai	shanghai	PROPN
cjal-3181	50	10	feile	feile	PROPN
cjal-3181	50	11	acoustics	acoustic	NOUN
cjal-3181	50	12	,	,	PUNCT
cjal-3181	50	13	s.	s.	PROPN
cjal-3181	50	14	china	china	PROPN
cjal-3181	50	15	morning	morning	PROPN
cjal-3181	50	16	post	post	PROPN
cjal-3181	50	17	,	,	PUNCT
cjal-3181	50	18	dec	dec	PROPN
cjal-3181	50	19	.	.	PROPN
cjal-3181	50	20	23	23	NUM
cjal-3181	50	21	,	,	PUNCT
cjal-3181	50	22	1993	1993	NUM
cjal-3181	50	23	,	,	PUNCT
cjal-3181	50	24	business	business	NOUN
cjal-3181	50	25	at	at	ADP
cjal-3181	50	26	2	2	NUM
cjal-3181	50	27	,	,	PUNCT
cjal-3181	50	28	available	available	ADJ
cjal-3181	50	29	in	in	ADP
cjal-3181	50	30	lexis	lexis	NOUN
cjal-3181	50	31	.	.	PUNCT
cjal-3181	51	1	18	18	NUM
cjal-3181	51	2	.	.	PUNCT
cjal-3181	51	3	christine	christine	PROPN
cjal-3181	51	4	chan	chan	PROPN
cjal-3181	51	5	,	,	PUNCT
cjal-3181	51	6	t'anji	t'anji	PROPN
cjal-3181	51	7	increases	increase	VERB
cjal-3181	51	8	feile	feile	NOUN
cjal-3181	51	9	stake	stake	NOUN
cjal-3181	51	10	,	,	PUNCT
cjal-3181	51	11	s.	s.	PROPN
cjal-3181	51	12	china	china	PROPN
cjal-3181	51	13	morning	morning	PROPN
cjal-3181	51	14	post	post	PROPN
cjal-3181	51	15	,	,	PUNCT
cjal-3181	51	16	dec	dec	PROPN
cjal-3181	51	17	.	.	PROPN
cjal-3181	51	18	29	29	NUM
cjal-3181	51	19	,	,	PUNCT
cjal-3181	51	20	1993	1993	NUM
cjal-3181	51	21	,	,	PUNCT
cjal-3181	51	22	business	business	NOUN
cjal-3181	51	23	at	at	ADP
cjal-3181	51	24	2	2	NUM
cjal-3181	51	25	,	,	PUNCT
cjal-3181	51	26	available	available	ADJ
cjal-3181	51	27	in	in	ADP
cjal-3181	51	28	lexis	lexis	NOUN
cjal-3181	51	29	.	.	PUNCT
cjal-3181	52	1	19	19	NUM
cjal-3181	52	2	.	.	PUNCT
cjal-3181	53	1	shanghai	shanghai	PROPN
cjal-3181	53	2	shares	share	NOUN
cjal-3181	53	3	close	close	ADJ
cjal-3181	53	4	loweramid	loweramid	ADP
cjal-3181	53	5	battle	battle	NOUN
cjal-3181	53	6	over	over	ADP
cjal-3181	53	7	feile	feile	NOUN
cjal-3181	53	8	,	,	PUNCT
cjal-3181	53	9	retyer	retyer	NOUN
cjal-3181	53	10	asia	asia	PROPN
cjal-3181	53	11	-	-	PUNCT
cjal-3181	53	12	pacific	pacific	PROPN
cjal-3181	53	13	bus.rep	bus.rep	PROPN
cjal-3181	53	14	.	.	PROPN
cjal-3181	53	15	,	,	PUNCT
cjal-3181	53	16	dec	dec	PROPN
cjal-3181	53	17	.	.	PROPN
cjal-3181	53	18	28	28	NUM
cjal-3181	53	19	,	,	PUNCT
cjal-3181	53	20	1993	1993	NUM
cjal-3181	53	21	,	,	PUNCT
cjal-3181	53	22	available	available	ADJ
cjal-3181	53	23	in	in	ADP
cjal-3181	53	24	lexis	lexis	NOUN
cjal-3181	53	25	.	.	PUNCT
cjal-3181	54	1	20	20	NUM
cjal-3181	54	2	.	.	X
cjal-3181	55	1	chan	chan	PROPN
cjal-3181	55	2	,	,	PUNCT
cjal-3181	55	3	supra	supra	PROPN
cjal-3181	55	4	note	note	PROPN
cjal-3181	55	5	18	18	NUM
cjal-3181	55	6	.	.	PUNCT
cjal-3181	56	1	columbia	columbia	PROPN
cjal-3181	56	2	journal	journal	PROPN
cjal-3181	56	3	of	of	ADP
cjal-3181	56	4	asian	asian	ADJ
cjal-3181	56	5	law	law	NOUN
cjal-3181	56	6	any	any	DET
cjal-3181	56	7	additional	additional	ADJ
cjal-3181	56	8	shares	share	NOUN
cjal-3181	56	9	of	of	ADP
cjal-3181	56	10	feile	feile	NOUN
cjal-3181	56	11	acoustics	acoustic	NOUN
cjal-3181	56	12	.	.	PUNCT
cjal-3181	57	1	2	2	NUM
cjal-3181	57	2	'	'	PART
cjal-3181	57	3	needless	needless	NOUN
cjal-3181	57	4	to	to	PART
cjal-3181	57	5	say	say	VERB
cjal-3181	57	6	,	,	PUNCT
cjal-3181	57	7	tianji	tianji	PROPN
cjal-3181	57	8	did	do	AUX
cjal-3181	57	9	not	not	PART
cjal-3181	57	10	win	win	VERB
cjal-3181	57	11	the	the	DET
cjal-3181	57	12	bidding	bidding	NOUN
cjal-3181	57	13	contest	contest	NOUN
cjal-3181	57	14	for	for	ADP
cjal-3181	57	15	feile	feile	NOUN
cjal-3181	57	16	acoustics	acoustic	NOUN
cjal-3181	57	17	.	.	PUNCT
cjal-3181	58	1	these	these	DET
cjal-3181	58	2	three	three	NUM
cjal-3181	58	3	failed	failed	ADJ
cjal-3181	58	4	takeover	takeover	NOUN
cjal-3181	58	5	attempts	attempt	NOUN
cjal-3181	58	6	of	of	ADP
cjal-3181	58	7	publicly	publicly	ADV
cjal-3181	58	8	traded	trade	VERB
cjal-3181	58	9	companies	company	NOUN
cjal-3181	58	10	provide	provide	VERB
cjal-3181	58	11	a	a	DET
cjal-3181	58	12	basis	basis	NOUN
cjal-3181	58	13	for	for	ADP
cjal-3181	58	14	analyzing	analyze	VERB
cjal-3181	58	15	the	the	DET
cjal-3181	58	16	interim	interim	ADJ
cjal-3181	58	17	securities	security	NOUN
cjal-3181	58	18	regulations	regulation	NOUN
cjal-3181	58	19	and	and	CCONJ
cjal-3181	58	20	its	its	PRON
cjal-3181	58	21	likely	likely	ADJ
cjal-3181	58	22	effect	effect	NOUN
cjal-3181	58	23	on	on	ADP
cjal-3181	58	24	the	the	DET
cjal-3181	58	25	success	success	NOUN
cjal-3181	58	26	of	of	ADP
cjal-3181	58	27	future	future	ADJ
cjal-3181	58	28	hostile	hostile	ADJ
cjal-3181	58	29	takeovers	takeover	NOUN
cjal-3181	58	30	in	in	ADP
cjal-3181	58	31	china	china	PROPN
cjal-3181	58	32	.	.	PUNCT
cjal-3181	59	1	it	it	PRON
cjal-3181	59	2	appears	appear	VERB
cjal-3181	59	3	that	that	SCONJ
cjal-3181	59	4	the	the	DET
cjal-3181	59	5	interim	interim	ADJ
cjal-3181	59	6	securities	security	NOUN
cjal-3181	59	7	regulations	regulation	NOUN
cjal-3181	59	8	effectively	effectively	ADV
cjal-3181	59	9	serve	serve	VERB
cjal-3181	59	10	as	as	ADP
cjal-3181	59	11	a	a	DET
cjal-3181	59	12	restraint	restraint	NOUN
cjal-3181	59	13	on	on	ADP
cjal-3181	59	14	hostile	hostile	ADJ
cjal-3181	59	15	takeovers	takeover	NOUN
cjal-3181	59	16	by	by	ADP
cjal-3181	59	17	reducing	reduce	VERB
cjal-3181	59	18	an	an	DET
cjal-3181	59	19	acquirer	acquirer	NOUN
cjal-3181	59	20	's	's	PART
cjal-3181	59	21	profit	profit	NOUN
cjal-3181	59	22	incentive	incentive	NOUN
cjal-3181	59	23	to	to	PART
cjal-3181	59	24	complete	complete	VERB
cjal-3181	59	25	an	an	DET
cjal-3181	59	26	acquisition	acquisition	NOUN
cjal-3181	59	27	.	.	PUNCT
cjal-3181	60	1	by	by	ADP
cjal-3181	60	2	comparing	compare	VERB
cjal-3181	60	3	the	the	DET
cjal-3181	60	4	interim	interim	ADJ
cjal-3181	60	5	securities	security	NOUN
cjal-3181	60	6	regulations	regulation	NOUN
cjal-3181	60	7	to	to	ADP
cjal-3181	60	8	the	the	DET
cjal-3181	60	9	williams	williams	PROPN
cjal-3181	60	10	act	act	PROPN
cjal-3181	60	11	,	,	PUNCT
cjal-3181	60	12	one	one	PRON
cjal-3181	60	13	can	can	AUX
cjal-3181	60	14	attempt	attempt	VERB
cjal-3181	60	15	to	to	PART
cjal-3181	60	16	understand	understand	VERB
cjal-3181	60	17	the	the	DET
cjal-3181	60	18	regulations	regulation	NOUN
cjal-3181	60	19	'	'	PART
cjal-3181	60	20	corporate	corporate	ADJ
cjal-3181	60	21	governance	governance	NOUN
cjal-3181	60	22	implications	implication	NOUN
cjal-3181	60	23	in	in	ADP
cjal-3181	60	24	view	view	NOUN
cjal-3181	60	25	of	of	ADP
cjal-3181	60	26	company	company	NOUN
cjal-3181	60	27	management	management	NOUN
cjal-3181	60	28	's	's	PART
cjal-3181	60	29	sensitivity	sensitivity	NOUN
cjal-3181	60	30	to	to	PART
cjal-3181	60	31	stock	stock	NOUN
cjal-3181	60	32	market	market	NOUN
cjal-3181	60	33	fluctuations	fluctuation	NOUN
cjal-3181	60	34	.	.	PUNCT
cjal-3181	61	1	while	while	SCONJ
cjal-3181	61	2	the	the	DET
cjal-3181	61	3	williams	williams	PROPN
cjal-3181	61	4	act	act	PROPN
cjal-3181	61	5	does	do	AUX
cjal-3181	61	6	require	require	VERB
cjal-3181	61	7	an	an	DET
cjal-3181	61	8	acquirer	acquirer	NOUN
cjal-3181	61	9	to	to	PART
cjal-3181	61	10	disclose	disclose	VERB
cjal-3181	61	11	its	its	PRON
cjal-3181	61	12	position	position	NOUN
cjal-3181	61	13	by	by	ADP
cjal-3181	61	14	filing	file	VERB
cjal-3181	61	15	a	a	DET
cjal-3181	61	16	schedule	schedule	NOUN
cjal-3181	61	17	13d	13d	NOUN
cjal-3181	61	18	within	within	ADP
cjal-3181	61	19	10	10	NUM
cjal-3181	61	20	days	day	NOUN
cjal-3181	61	21	once	once	SCONJ
cjal-3181	61	22	it	it	PRON
cjal-3181	61	23	becomes	become	VERB
cjal-3181	61	24	a	a	DET
cjal-3181	61	25	five	five	NUM
cjal-3181	61	26	-	-	PUNCT
cjal-3181	61	27	percent	percent	NOUN
cjal-3181	61	28	shareholder,22	shareholder,22	NOUN
cjal-3181	61	29	the	the	DET
cjal-3181	61	30	acquirer	acquirer	NOUN
cjal-3181	61	31	can	can	AUX
cjal-3181	61	32	continue	continue	VERB
cjal-3181	61	33	to	to	PART
cjal-3181	61	34	purchase	purchase	VERB
cjal-3181	61	35	shares	share	NOUN
cjal-3181	61	36	in	in	ADP
cjal-3181	61	37	that	that	DET
cjal-3181	61	38	ten	ten	NUM
cjal-3181	61	39	-	-	PUNCT
cjal-3181	61	40	day	day	NOUN
cjal-3181	61	41	period	period	NOUN
cjal-3181	61	42	at	at	ADP
cjal-3181	61	43	a	a	DET
cjal-3181	61	44	price	price	NOUN
cjal-3181	61	45	that	that	PRON
cjal-3181	61	46	does	do	AUX
cjal-3181	61	47	not	not	PART
cjal-3181	61	48	yet	yet	ADV
cjal-3181	61	49	reflect	reflect	VERB
cjal-3181	61	50	full	full	ADJ
cjal-3181	61	51	information.23	information.23	NOUN
cjal-3181	61	52	in	in	ADP
cjal-3181	61	53	this	this	DET
cjal-3181	61	54	way	way	NOUN
cjal-3181	61	55	,	,	PUNCT
cjal-3181	61	56	an	an	DET
cjal-3181	61	57	acquirer	acquirer	NOUN
cjal-3181	61	58	has	have	VERB
cjal-3181	61	59	a	a	DET
cjal-3181	61	60	profit	profit	NOUN
cjal-3181	61	61	incentive	incentive	NOUN
cjal-3181	61	62	to	to	PART
cjal-3181	61	63	attempt	attempt	VERB
cjal-3181	61	64	a	a	DET
cjal-3181	61	65	takeover	takeover	NOUN
cjal-3181	61	66	if	if	SCONJ
cjal-3181	61	67	it	it	PRON
cjal-3181	61	68	identifies	identify	VERB
cjal-3181	61	69	an	an	DET
cjal-3181	61	70	undervalued	undervalued	ADJ
cjal-3181	61	71	company	company	NOUN
cjal-3181	61	72	that	that	SCONJ
cjal-3181	61	73	it	it	PRON
cjal-3181	61	74	can	can	AUX
cjal-3181	61	75	restructure	restructure	VERB
cjal-3181	61	76	for	for	ADP
cjal-3181	61	77	increased	increase	VERB
cjal-3181	61	78	value.24	value.24	NOUN
cjal-3181	61	79	under	under	ADP
cjal-3181	61	80	the	the	DET
cjal-3181	61	81	williams	williams	PROPN
cjal-3181	61	82	act	act	PROPN
cjal-3181	61	83	,	,	PUNCT
cjal-3181	61	84	company	company	NOUN
cjal-3181	61	85	management	management	NOUN
cjal-3181	61	86	is	be	AUX
cjal-3181	61	87	then	then	ADV
cjal-3181	61	88	more	more	ADV
cjal-3181	61	89	sensitive	sensitive	ADJ
cjal-3181	61	90	to	to	ADP
cjal-3181	61	91	the	the	DET
cjal-3181	61	92	market	market	NOUN
cjal-3181	61	93	valuation	valuation	NOUN
cjal-3181	61	94	of	of	ADP
cjal-3181	61	95	the	the	DET
cjal-3181	61	96	company	company	NOUN
cjal-3181	61	97	's	's	PART
cjal-3181	61	98	shares	share	NOUN
cjal-3181	61	99	and	and	CCONJ
cjal-3181	61	100	can	can	AUX
cjal-3181	61	101	not	not	PART
cjal-3181	61	102	be	be	AUX
cjal-3181	61	103	complacent	complacent	ADJ
cjal-3181	61	104	in	in	ADP
cjal-3181	61	105	investing	invest	VERB
cjal-3181	61	106	corporate	corporate	ADJ
cjal-3181	61	107	assets	asset	NOUN
cjal-3181	61	108	.	.	PUNCT
cjal-3181	62	1	management	management	NOUN
cjal-3181	62	2	's	's	PART
cjal-3181	62	3	interests	interest	NOUN
cjal-3181	62	4	are	be	AUX
cjal-3181	62	5	directly	directly	ADV
cjal-3181	62	6	aligned	align	VERB
cjal-3181	62	7	with	with	ADP
cjal-3181	62	8	those	those	PRON
cjal-3181	62	9	of	of	ADP
cjal-3181	62	10	the	the	DET
cjal-3181	62	11	shareholders	shareholder	NOUN
cjal-3181	62	12	.	.	PUNCT
cjal-3181	63	1	on	on	ADP
cjal-3181	63	2	the	the	DET
cjal-3181	63	3	other	other	ADJ
cjal-3181	63	4	hand	hand	NOUN
cjal-3181	63	5	,	,	PUNCT
cjal-3181	63	6	since	since	SCONJ
cjal-3181	63	7	the	the	DET
cjal-3181	63	8	management	management	NOUN
cjal-3181	63	9	of	of	ADP
cjal-3181	63	10	a	a	DET
cjal-3181	63	11	chinese	chinese	ADJ
cjal-3181	63	12	listed	list	VERB
cjal-3181	63	13	company	company	NOUN
cjal-3181	63	14	is	be	AUX
cjal-3181	63	15	effectively	effectively	ADV
cjal-3181	63	16	insulated	insulate	VERB
cjal-3181	63	17	from	from	ADP
cjal-3181	63	18	potential	potential	ADJ
cjal-3181	63	19	acquirers	acquirer	NOUN
cjal-3181	63	20	by	by	ADP
cjal-3181	63	21	the	the	DET
cjal-3181	63	22	interim	interim	ADJ
cjal-3181	63	23	securities	security	NOUN
cjal-3181	63	24	regulations	regulation	NOUN
cjal-3181	63	25	,	,	PUNCT
cjal-3181	63	26	they	they	PRON
cjal-3181	63	27	may	may	AUX
cjal-3181	63	28	be	be	AUX
cjal-3181	63	29	in	in	ADP
cjal-3181	63	30	a	a	DET
cjal-3181	63	31	better	well	ADJ
cjal-3181	63	32	position	position	NOUN
cjal-3181	63	33	to	to	PART
cjal-3181	63	34	more	more	ADV
cjal-3181	63	35	effectively	effectively	ADV
cjal-3181	63	36	manage	manage	VERB
cjal-3181	63	37	for	for	ADP
cjal-3181	63	38	the	the	DET
cjal-3181	63	39	long	long	ADJ
cjal-3181	63	40	-	-	PUNCT
cjal-3181	63	41	term	term	NOUN
cjal-3181	63	42	development	development	NOUN
cjal-3181	63	43	of	of	ADP
cjal-3181	63	44	their	their	PRON
cjal-3181	63	45	company	company	NOUN
cjal-3181	63	46	.	.	PUNCT
cjal-3181	64	1	they	they	PRON
cjal-3181	64	2	do	do	AUX
cjal-3181	64	3	not	not	PART
cjal-3181	64	4	have	have	VERB
cjal-3181	64	5	to	to	PART
cjal-3181	64	6	concern	concern	VERB
cjal-3181	64	7	themselves	themselves	PRON
cjal-3181	64	8	with	with	ADP
cjal-3181	64	9	the	the	DET
cjal-3181	64	10	daily	daily	ADJ
cjal-3181	64	11	price	price	NOUN
cjal-3181	64	12	fluctuations	fluctuation	NOUN
cjal-3181	64	13	of	of	ADP
cjal-3181	64	14	their	their	PRON
cjal-3181	64	15	company	company	NOUN
cjal-3181	64	16	's	's	PART
cjal-3181	64	17	21	21	NUM
cjal-3181	64	18	.	.	PUNCT
cjal-3181	65	1	shanghai	shanghai	PROPN
cjal-3181	65	2	a	a	DET
cjal-3181	65	3	shares	share	NOUN
cjal-3181	65	4	close	close	VERB
cjal-3181	65	5	down	down	ADV
cjal-3181	65	6	,	,	PUNCT
cjal-3181	65	7	but	but	CCONJ
cjal-3181	65	8	gains	gain	NOUN
cjal-3181	65	9	seen	see	VERB
cjal-3181	65	10	,	,	PUNCT
cjal-3181	65	11	reuter	reuter	PROPN
cjal-3181	65	12	asia	asia	PROPN
cjal-3181	65	13	-	-	PUNCT
cjal-3181	65	14	pacific	pacific	PROPN
cjal-3181	65	15	bus	bus	NOUN
cjal-3181	65	16	.	.	PUNCT
cjal-3181	66	1	rep	rep	PROPN
cjal-3181	66	2	.	.	PROPN
cjal-3181	66	3	,	,	PUNCT
cjal-3181	66	4	jan	jan	PROPN
cjal-3181	66	5	.	.	PROPN
cjal-3181	66	6	11	11	NUM
cjal-3181	66	7	,	,	PUNCT
cjal-3181	66	8	1994	1994	NUM
cjal-3181	66	9	,	,	PUNCT
cjal-3181	66	10	available	available	ADJ
cjal-3181	66	11	in	in	ADP
cjal-3181	66	12	lexis	lexis	NOUN
cjal-3181	66	13	(	(	PUNCT
cjal-3181	66	14	"	"	PUNCT
cjal-3181	66	15	its	its	PRON
cjal-3181	66	16	[	[	X
cjal-3181	66	17	feile	feile	NOUN
cjal-3181	66	18	company	company	NOUN
cjal-3181	66	19	's	's	PART
cjal-3181	66	20	]	]	PUNCT
cjal-3181	66	21	total	total	ADJ
cjal-3181	66	22	holdings	holding	NOUN
cjal-3181	66	23	now	now	ADV
cjal-3181	66	24	stand	stand	VERB
cjal-3181	66	25	at	at	ADP
cjal-3181	66	26	20.2	20.2	NUM
cjal-3181	66	27	%	%	NOUN
cjal-3181	66	28	percent	percent	NOUN
cjal-3181	66	29	,	,	PUNCT
cjal-3181	66	30	making	make	VERB
cjal-3181	66	31	it	it	PRON
cjal-3181	66	32	by	by	ADP
cjal-3181	66	33	far	far	ADV
cjal-3181	66	34	the	the	DET
cjal-3181	66	35	biggest	big	ADJ
cjal-3181	66	36	shareholder	shareholder	NOUN
cjal-3181	66	37	.	.	PUNCT
cjal-3181	66	38	"	"	PUNCT
cjal-3181	66	39	)	)	PUNCT
cjal-3181	66	40	.	.	PUNCT
cjal-3181	67	1	22	22	NUM
cjal-3181	67	2	.	.	PUNCT
cjal-3181	68	1	securities	security	NOUN
cjal-3181	68	2	exchange	exchange	PROPN
cjal-3181	68	3	act	act	NOUN
cjal-3181	68	4	of	of	ADP
cjal-3181	68	5	1934	1934	NUM
cjal-3181	68	6	,	,	PUNCT
cjal-3181	68	7	15	15	NUM
cjal-3181	68	8	u.s.c	u.s.c	ADJ
cjal-3181	68	9	.	.	PUNCT
cjal-3181	69	1	§	§	PROPN
cjal-3181	69	2	78m(d	78m(d	NUM
cjal-3181	69	3	)	)	PUNCT
cjal-3181	69	4	(	(	PUNCT
cjal-3181	69	5	1996	1996	NUM
cjal-3181	69	6	)	)	PUNCT
cjal-3181	69	7	(	(	PUNCT
cjal-3181	69	8	this	this	DET
cjal-3181	69	9	section	section	NOUN
cjal-3181	69	10	is	be	AUX
cjal-3181	69	11	also	also	ADV
cjal-3181	69	12	known	know	VERB
cjal-3181	69	13	as	as	ADP
cjal-3181	69	14	section	section	NOUN
cjal-3181	69	15	13(d	13(d	NUM
cjal-3181	69	16	)	)	PUNCT
cjal-3181	69	17	)	)	PUNCT
cjal-3181	69	18	.	.	PUNCT
cjal-3181	70	1	23	23	NUM
cjal-3181	70	2	.	.	PUNCT
cjal-3181	71	1	richard	richard	PROPN
cjal-3181	71	2	w.	w.	PROPN
cjal-3181	71	3	jennings	jennings	PROPN
cjal-3181	71	4	,	,	PUNCT
cjal-3181	71	5	et	et	PROPN
cjal-3181	71	6	.	.	PUNCT
cjal-3181	72	1	al	al	PROPN
cjal-3181	72	2	.	.	PROPN
cjal-3181	72	3	,	,	PUNCT
cjal-3181	72	4	securities	security	NOUN
cjal-3181	72	5	regulations	regulation	NOUN
cjal-3181	72	6	:	:	PUNCT
cjal-3181	72	7	cases	case	NOUN
cjal-3181	72	8	andmaterials	andmaterial	VERB
cjal-3181	72	9	210	210	NUM
cjal-3181	72	10	-	-	SYM
cjal-3181	72	11	211	211	NUM
cjal-3181	72	12	(	(	PUNCT
cjal-3181	72	13	1992	1992	NUM
cjal-3181	72	14	)	)	PUNCT
cjal-3181	72	15	(	(	PUNCT
cjal-3181	72	16	if	if	SCONJ
cjal-3181	72	17	one	one	PRON
cjal-3181	72	18	assumes	assume	VERB
cjal-3181	72	19	that	that	SCONJ
cjal-3181	72	20	the	the	DET
cjal-3181	72	21	stock	stock	NOUN
cjal-3181	72	22	prices	price	NOUN
cjal-3181	72	23	only	only	ADV
cjal-3181	72	24	reflect	reflect	VERB
cjal-3181	72	25	public	public	ADJ
cjal-3181	72	26	information	information	NOUN
cjal-3181	72	27	,	,	PUNCT
cjal-3181	72	28	not	not	PART
cjal-3181	72	29	all	all	DET
cjal-3181	72	30	available	available	ADJ
cjal-3181	72	31	information	information	NOUN
cjal-3181	72	32	,	,	PUNCT
cjal-3181	72	33	then	then	ADV
cjal-3181	72	34	some	some	DET
cjal-3181	72	35	investors	investor	NOUN
cjal-3181	72	36	may	may	AUX
cjal-3181	72	37	be	be	AUX
cjal-3181	72	38	unaware	unaware	ADJ
cjal-3181	72	39	that	that	SCONJ
cjal-3181	72	40	one	one	NUM
cjal-3181	72	41	investor	investor	NOUN
cjal-3181	72	42	is	be	AUX
cjal-3181	72	43	acquiring	acquire	VERB
cjal-3181	72	44	a	a	DET
cjal-3181	72	45	large	large	ADJ
cjal-3181	72	46	block	block	NOUN
cjal-3181	72	47	of	of	ADP
cjal-3181	72	48	stock	stock	NOUN
cjal-3181	72	49	and	and	CCONJ
cjal-3181	72	50	the	the	DET
cjal-3181	72	51	target	target	NOUN
cjal-3181	72	52	share	share	NOUN
cjal-3181	72	53	price	price	NOUN
cjal-3181	72	54	will	will	AUX
cjal-3181	72	55	not	not	PART
cjal-3181	72	56	reflect	reflect	VERB
cjal-3181	72	57	that	that	SCONJ
cjal-3181	72	58	takeover	takeover	NOUN
cjal-3181	72	59	activity	activity	NOUN
cjal-3181	72	60	.	.	PUNCT
cjal-3181	73	1	this	this	PRON
cjal-3181	73	2	is	be	AUX
cjal-3181	73	3	the	the	DET
cjal-3181	73	4	semi	semi	ADJ
cjal-3181	73	5	-	-	ADJ
cjal-3181	73	6	strong	strong	ADJ
cjal-3181	73	7	theory	theory	NOUN
cjal-3181	73	8	of	of	ADP
cjal-3181	73	9	efficient	efficient	ADJ
cjal-3181	73	10	capital	capital	NOUN
cjal-3181	73	11	markets	market	NOUN
cjal-3181	73	12	.	.	PUNCT
cjal-3181	73	13	)	)	PUNCT
cjal-3181	73	14	.	.	PUNCT
cjal-3181	74	1	24	24	NUM
cjal-3181	74	2	.	.	PUNCT
cjal-3181	75	1	michael	michael	PROPN
cjal-3181	75	2	c.	c.	PROPN
cjal-3181	75	3	jensen	jensen	PROPN
cjal-3181	75	4	,	,	PUNCT
cjal-3181	75	5	the	the	DET
cjal-3181	75	6	takeover	takeover	NOUN
cjal-3181	75	7	controversy	controversy	NOUN
cjal-3181	75	8	:	:	PUNCT
cjal-3181	75	9	analysis	analysis	NOUN
cjal-3181	75	10	and	and	CCONJ
cjal-3181	75	11	evidence	evidence	NOUN
cjal-3181	75	12	,	,	PUNCT
cjal-3181	75	13	in	in	ADP
cjal-3181	75	14	knights	knight	NOUN
cjal-3181	75	15	,	,	PUNCT
cjal-3181	75	16	raiders	raider	NOUN
cjal-3181	75	17	,	,	PUNCT
cjal-3181	75	18	and	and	CCONJ
cjal-3181	75	19	targets	target	NOUN
cjal-3181	75	20	,	,	PUNCT
cjal-3181	75	21	the	the	DET
cjal-3181	75	22	impact	impact	NOUN
cjal-3181	75	23	ofthe	ofthe	VERB
cjal-3181	75	24	hostile	hostile	ADJ
cjal-3181	75	25	takeover	takeover	NOUN
cjal-3181	75	26	314	314	NUM
cjal-3181	75	27	,	,	PUNCT
cjal-3181	75	28	348	348	NUM
cjal-3181	75	29	(	(	PUNCT
cjal-3181	75	30	john	john	PROPN
cjal-3181	75	31	c.	c.	PROPN
cjal-3181	75	32	coffee	coffee	PROPN
cjal-3181	75	33	,	,	PUNCT
cjal-3181	75	34	jr	jr	PROPN
cjal-3181	75	35	.	.	PROPN
cjal-3181	75	36	ct	ct	PROPN
cjal-3181	75	37	al	al	PROPN
cjal-3181	75	38	.	.	PUNCT
cjal-3181	76	1	eds	eds	PROPN
cjal-3181	76	2	.	.	PROPN
cjal-3181	76	3	,	,	PUNCT
cjal-3181	76	4	1988	1988	NUM
cjal-3181	76	5	)	)	PUNCT
cjal-3181	76	6	(	(	PUNCT
cjal-3181	76	7	"	"	PUNCT
cjal-3181	76	8	since	since	SCONJ
cjal-3181	76	9	market	market	NOUN
cjal-3181	76	10	prices	price	NOUN
cjal-3181	76	11	adjust	adjust	VERB
cjal-3181	76	12	to	to	ADP
cjal-3181	76	13	the	the	DET
cjal-3181	76	14	expected	expect	VERB
cjal-3181	76	15	value	value	NOUN
cjal-3181	76	16	of	of	ADP
cjal-3181	76	17	the	the	DET
cjal-3181	76	18	takeover	takeover	NOUN
cjal-3181	76	19	bid	bid	NOUN
cjal-3181	76	20	immediately	immediately	ADV
cjal-3181	76	21	after	after	ADP
cjal-3181	76	22	the	the	DET
cjal-3181	76	23	13d	13d	NOUN
cjal-3181	76	24	announcement	announcement	NOUN
cjal-3181	76	25	,	,	PUNCT
cjal-3181	76	26	the	the	DET
cjal-3181	76	27	acquirer	acquirer	NOUN
cjal-3181	76	28	's	's	PART
cjal-3181	76	29	profits	profit	NOUN
cjal-3181	76	30	are	be	AUX
cjal-3181	76	31	made	make	VERB
cjal-3181	76	32	almost	almost	ADV
cjal-3181	76	33	entirely	entirely	ADV
cjal-3181	76	34	on	on	ADP
cjal-3181	76	35	the	the	DET
cjal-3181	76	36	difference	difference	NOUN
cjal-3181	76	37	between	between	ADP
cjal-3181	76	38	the	the	DET
cjal-3181	76	39	price	price	NOUN
cjal-3181	76	40	paid	pay	VERB
cjal-3181	76	41	for	for	ADP
cjal-3181	76	42	the	the	DET
cjal-3181	76	43	shares	share	NOUN
cjal-3181	76	44	purchased	purchase	VERB
cjal-3181	76	45	prior	prior	ADV
cjal-3181	76	46	to	to	ADP
cjal-3181	76	47	the	the	DET
cjal-3181	76	48	filing	filing	NOUN
cjal-3181	76	49	of	of	ADP
cjal-3181	76	50	the	the	DET
cjal-3181	76	51	13d	13d	NOUN
cjal-3181	76	52	and	and	CCONJ
cjal-3181	76	53	their	their	PRON
cjal-3181	76	54	value	value	NOUN
cjal-3181	76	55	after	after	ADP
cjal-3181	76	56	the	the	DET
cjal-3181	76	57	acquisition	acquisition	NOUN
cjal-3181	76	58	.	.	PUNCT
cjal-3181	77	1	"	"	PUNCT
cjal-3181	77	2	)	)	PUNCT
cjal-3181	77	3	.	.	PUNCT
cjal-3181	78	1	[	[	X
cjal-3181	78	2	12:1	12:1	NUM
cjal-3181	78	3	1998	1998	NUM
cjal-3181	78	4	]	]	PUNCT
cjal-3181	78	5	comparison	comparison	NOUN
cjal-3181	78	6	of	of	ADP
cjal-3181	78	7	takeover	takeover	NOUN
cjal-3181	78	8	regul4tions	regul4tion	NOUN
cjal-3181	78	9	of	of	ADP
cjal-3181	78	10	us	us	PROPN
cjal-3181	78	11	&	&	CCONJ
cjal-3181	78	12	china	china	PROPN
cjal-3181	78	13	103	103	NUM
cjal-3181	78	14	stock	stock	NOUN
cjal-3181	78	15	.	.	PUNCT
cjal-3181	79	1	therefore	therefore	ADV
cjal-3181	79	2	,	,	PUNCT
cjal-3181	79	3	they	they	PRON
cjal-3181	79	4	should	should	AUX
cjal-3181	79	5	not	not	PART
cjal-3181	79	6	implement	implement	VERB
cjal-3181	79	7	short	short	ADJ
cjal-3181	79	8	-	-	PUNCT
cjal-3181	79	9	term	term	NOUN
cjal-3181	79	10	strategies	strategy	NOUN
cjal-3181	79	11	to	to	PART
cjal-3181	79	12	boost	boost	VERB
cjal-3181	79	13	their	their	PRON
cjal-3181	79	14	company	company	NOUN
cjal-3181	79	15	's	's	PART
cjal-3181	79	16	share	share	NOUN
cjal-3181	79	17	price	price	NOUN
cjal-3181	79	18	need	need	VERB
cjal-3181	79	19	it	it	PRON
cjal-3181	79	20	happen	happen	VERB
cjal-3181	79	21	to	to	PART
cjal-3181	79	22	be	be	AUX
cjal-3181	79	23	undervalued	undervalue	VERB
cjal-3181	79	24	by	by	ADP
cjal-3181	79	25	the	the	DET
cjal-3181	79	26	market	market	NOUN
cjal-3181	79	27	.	.	PUNCT
cjal-3181	80	1	instead	instead	ADV
cjal-3181	80	2	,	,	PUNCT
cjal-3181	80	3	they	they	PRON
cjal-3181	80	4	can	can	AUX
cjal-3181	80	5	focus	focus	VERB
cjal-3181	80	6	on	on	ADP
cjal-3181	80	7	creating	create	VERB
cjal-3181	80	8	sustainable	sustainable	ADJ
cjal-3181	80	9	shareholder	shareholder	NOUN
cjal-3181	80	10	value	value	NOUN
cjal-3181	80	11	.	.	PUNCT
cjal-3181	81	1	in	in	ADP
cjal-3181	81	2	regulating	regulate	VERB
cjal-3181	81	3	publicly	publicly	ADV
cjal-3181	81	4	-	-	PUNCT
cjal-3181	81	5	traded	trade	VERB
cjal-3181	81	6	securities	security	NOUN
cjal-3181	81	7	,	,	PUNCT
cjal-3181	81	8	one	one	PRON
cjal-3181	81	9	would	would	AUX
cjal-3181	81	10	like	like	VERB
cjal-3181	81	11	to	to	PART
cjal-3181	81	12	align	align	VERB
cjal-3181	81	13	the	the	DET
cjal-3181	81	14	interests	interest	NOUN
cjal-3181	81	15	of	of	ADP
cjal-3181	81	16	company	company	NOUN
cjal-3181	81	17	management	management	NOUN
cjal-3181	81	18	with	with	ADP
cjal-3181	81	19	those	those	PRON
cjal-3181	81	20	of	of	ADP
cjal-3181	81	21	their	their	PRON
cjal-3181	81	22	shareholders	shareholder	NOUN
cjal-3181	81	23	in	in	ADP
cjal-3181	81	24	creating	create	VERB
cjal-3181	81	25	value	value	NOUN
cjal-3181	81	26	.	.	PUNCT
cjal-3181	82	1	one	one	PRON
cjal-3181	82	2	could	could	AUX
cjal-3181	82	3	adopt	adopt	VERB
cjal-3181	82	4	the	the	DET
cjal-3181	82	5	view	view	NOUN
cjal-3181	82	6	that	that	SCONJ
cjal-3181	82	7	management	management	NOUN
cjal-3181	82	8	knows	know	VERB
cjal-3181	82	9	more	more	ADJ
cjal-3181	82	10	than	than	ADP
cjal-3181	82	11	their	their	PRON
cjal-3181	82	12	dissatisfied	dissatisfied	ADJ
cjal-3181	82	13	shareholders	shareholder	NOUN
cjal-3181	82	14	as	as	SCONJ
cjal-3181	82	15	evidenced	evidence	VERB
cjal-3181	82	16	by	by	ADP
cjal-3181	82	17	an	an	DET
cjal-3181	82	18	unfavorable	unfavorable	ADJ
cjal-3181	82	19	share	share	NOUN
cjal-3181	82	20	price	price	NOUN
cjal-3181	82	21	and	and	CCONJ
cjal-3181	82	22	a	a	DET
cjal-3181	82	23	hostile	hostile	ADJ
cjal-3181	82	24	takeover	takeover	NOUN
cjal-3181	82	25	would	would	AUX
cjal-3181	82	26	disrupt	disrupt	VERB
cjal-3181	82	27	a	a	DET
cjal-3181	82	28	carefully	carefully	ADV
cjal-3181	82	29	developed	develop	VERB
cjal-3181	82	30	strategy	strategy	NOUN
cjal-3181	82	31	.	.	PUNCT
cjal-3181	83	1	alternatively	alternatively	ADV
cjal-3181	83	2	,	,	PUNCT
cjal-3181	83	3	one	one	PRON
cjal-3181	83	4	could	could	AUX
cjal-3181	83	5	believe	believe	VERB
cjal-3181	83	6	that	that	SCONJ
cjal-3181	83	7	management	management	NOUN
cjal-3181	83	8	needs	need	VERB
cjal-3181	83	9	to	to	PART
cjal-3181	83	10	feel	feel	VERB
cjal-3181	83	11	threatened	threaten	VERB
cjal-3181	83	12	,	,	PUNCT
cjal-3181	83	13	otherwise	otherwise	ADV
cjal-3181	83	14	they	they	PRON
cjal-3181	83	15	will	will	AUX
cjal-3181	83	16	"	"	PUNCT
cjal-3181	83	17	stray	stray	VERB
cjal-3181	83	18	too	too	ADV
cjal-3181	83	19	far	far	ADV
cjal-3181	83	20	from	from	ADP
cjal-3181	83	21	the	the	DET
cjal-3181	83	22	service	service	NOUN
cjal-3181	83	23	of	of	ADP
cjal-3181	83	24	the	the	DET
cjal-3181	83	25	shareholders	shareholder	NOUN
cjal-3181	83	26	.	.	PUNCT
cjal-3181	84	1	"25	"25	INTJ
cjal-3181	84	2	in	in	ADP
cjal-3181	84	3	such	such	DET
cjal-3181	84	4	a	a	DET
cjal-3181	84	5	regulatory	regulatory	ADJ
cjal-3181	84	6	framework	framework	NOUN
cjal-3181	84	7	,	,	PUNCT
cjal-3181	84	8	a	a	DET
cjal-3181	84	9	hostile	hostile	ADJ
cjal-3181	84	10	takeover	takeover	NOUN
cjal-3181	84	11	is	be	AUX
cjal-3181	84	12	an	an	DET
cjal-3181	84	13	instrument	instrument	NOUN
cjal-3181	84	14	for	for	ADP
cjal-3181	84	15	dissatisfied	dissatisfied	ADJ
cjal-3181	84	16	shareholders	shareholder	NOUN
cjal-3181	84	17	to	to	PART
cjal-3181	84	18	regain	regain	VERB
cjal-3181	84	19	control	control	NOUN
cjal-3181	84	20	of	of	ADP
cjal-3181	84	21	corporate	corporate	ADJ
cjal-3181	84	22	assets	asset	NOUN
cjal-3181	84	23	should	should	AUX
cjal-3181	84	24	management	management	VERB
cjal-3181	84	25	not	not	PART
cjal-3181	84	26	properly	properly	ADV
cjal-3181	84	27	invest	invest	VERB
cjal-3181	84	28	them.2	them.2	PROPN
cjal-3181	84	29	6	6	NUM
cjal-3181	84	30	part	part	NOUN
cjal-3181	84	31	ii	ii	NOUN
cjal-3181	84	32	of	of	ADP
cjal-3181	84	33	this	this	DET
cjal-3181	84	34	note	note	NOUN
cjal-3181	84	35	briefly	briefly	ADV
cjal-3181	84	36	describes	describe	VERB
cjal-3181	84	37	the	the	DET
cjal-3181	84	38	chinese	chinese	ADJ
cjal-3181	84	39	securities	securities	PROPN
cjal-3181	84	40	regulatory	regulatory	ADJ
cjal-3181	84	41	environment	environment	NOUN
cjal-3181	84	42	under	under	ADP
cjal-3181	84	43	the	the	DET
cjal-3181	84	44	interim	interim	ADJ
cjal-3181	84	45	securities	security	NOUN
cjal-3181	84	46	regulations	regulation	NOUN
cjal-3181	84	47	and	and	CCONJ
cjal-3181	84	48	focus	focus	VERB
cjal-3181	84	49	in	in	ADP
cjal-3181	84	50	detail	detail	NOUN
cjal-3181	84	51	on	on	ADP
cjal-3181	84	52	the	the	DET
cjal-3181	84	53	specific	specific	ADJ
cjal-3181	84	54	sections	section	NOUN
cjal-3181	84	55	that	that	PRON
cjal-3181	84	56	regulate	regulate	VERB
cjal-3181	84	57	takeovers	takeover	NOUN
cjal-3181	84	58	:	:	PUNCT
cjal-3181	84	59	disclosure	disclosure	NOUN
cjal-3181	84	60	and	and	CCONJ
cjal-3181	84	61	tender	tender	NOUN
cjal-3181	84	62	offers	offer	NOUN
cjal-3181	84	63	.	.	PUNCT
cjal-3181	85	1	in	in	ADP
cjal-3181	85	2	analyzing	analyze	VERB
cjal-3181	85	3	the	the	DET
cjal-3181	85	4	disclosure	disclosure	NOUN
cjal-3181	85	5	regulations	regulation	NOUN
cjal-3181	85	6	,	,	PUNCT
cjal-3181	85	7	i	i	PRON
cjal-3181	85	8	will	will	AUX
cjal-3181	85	9	use	use	VERB
cjal-3181	85	10	the	the	DET
cjal-3181	85	11	three	three	NUM
cjal-3181	85	12	takeover	takeover	NOUN
cjal-3181	85	13	attempts	attempt	NOUN
cjal-3181	85	14	previously	previously	ADV
cjal-3181	85	15	described	describe	VERB
cjal-3181	85	16	to	to	PART
cjal-3181	85	17	illustrate	illustrate	VERB
cjal-3181	85	18	how	how	SCONJ
cjal-3181	85	19	the	the	DET
cjal-3181	85	20	csrc	csrc	NOUN
cjal-3181	85	21	will	will	AUX
cjal-3181	85	22	interpret	interpret	VERB
cjal-3181	85	23	and	and	CCONJ
cjal-3181	85	24	enforce	enforce	VERB
cjal-3181	85	25	the	the	DET
cjal-3181	85	26	interim	interim	ADJ
cjal-3181	85	27	securities	security	NOUN
cjal-3181	85	28	regulations	regulation	NOUN
cjal-3181	85	29	.	.	PUNCT
cjal-3181	86	1	i	i	PRON
cjal-3181	86	2	will	will	AUX
cjal-3181	86	3	also	also	ADV
cjal-3181	86	4	discuss	discuss	VERB
cjal-3181	86	5	an	an	DET
cjal-3181	86	6	apparent	apparent	ADJ
cjal-3181	86	7	ambiguity	ambiguity	NOUN
cjal-3181	86	8	in	in	ADP
cjal-3181	86	9	the	the	DET
cjal-3181	86	10	tender	tender	NOUN
cjal-3181	86	11	offer	offer	NOUN
cjal-3181	86	12	regulations	regulation	NOUN
cjal-3181	86	13	in	in	ADP
cjal-3181	86	14	which	which	PRON
cjal-3181	86	15	an	an	DET
cjal-3181	86	16	aggressive	aggressive	ADJ
cjal-3181	86	17	company	company	NOUN
cjal-3181	86	18	can	can	AUX
cjal-3181	86	19	avoid	avoid	VERB
cjal-3181	86	20	making	make	VERB
cjal-3181	86	21	a	a	DET
cjal-3181	86	22	series	series	NOUN
cjal-3181	86	23	of	of	ADP
cjal-3181	86	24	open	open	ADJ
cjal-3181	86	25	-	-	PUNCT
cjal-3181	86	26	market	market	NOUN
cjal-3181	86	27	purchases	purchase	NOUN
cjal-3181	86	28	and	and	CCONJ
cjal-3181	86	29	instead	instead	ADV
cjal-3181	86	30	make	make	VERB
cjal-3181	86	31	a	a	DET
cjal-3181	86	32	tender	tender	NOUN
cjal-3181	86	33	offer	offer	NOUN
cjal-3181	86	34	before	before	ADP
cjal-3181	86	35	being	be	AUX
cjal-3181	86	36	required	require	VERB
cjal-3181	86	37	to	to	PART
cjal-3181	86	38	do	do	VERB
cjal-3181	86	39	so	so	ADV
cjal-3181	86	40	.	.	PUNCT
cjal-3181	87	1	part	part	NOUN
cjal-3181	87	2	ill	ill	PROPN
cjal-3181	87	3	compares	compare	VERB
cjal-3181	87	4	the	the	DET
cjal-3181	87	5	interim	interim	ADJ
cjal-3181	87	6	securities	security	NOUN
cjal-3181	87	7	regulations	regulation	NOUN
cjal-3181	87	8	to	to	ADP
cjal-3181	87	9	the	the	DET
cjal-3181	87	10	williams	williams	PROPN
cjal-3181	87	11	act	act	PROPN
cjal-3181	87	12	and	and	CCONJ
cjal-3181	87	13	discusses	discuss	VERB
cjal-3181	87	14	the	the	DET
cjal-3181	87	15	policy	policy	NOUN
cjal-3181	87	16	implications	implication	NOUN
cjal-3181	87	17	of	of	ADP
cjal-3181	87	18	the	the	DET
cjal-3181	87	19	two	two	NUM
cjal-3181	87	20	regulatory	regulatory	ADJ
cjal-3181	87	21	frameworks	framework	NOUN
cjal-3181	87	22	in	in	ADP
cjal-3181	87	23	providing	provide	VERB
cjal-3181	87	24	incentives	incentive	NOUN
cjal-3181	87	25	for	for	SCONJ
cjal-3181	87	26	management	management	NOUN
cjal-3181	87	27	to	to	PART
cjal-3181	87	28	create	create	VERB
cjal-3181	87	29	sustainable	sustainable	ADJ
cjal-3181	87	30	shareholder	shareholder	NOUN
cjal-3181	87	31	value	value	NOUN
cjal-3181	87	32	.	.	PUNCT
cjal-3181	88	1	the	the	DET
cjal-3181	88	2	williams	williams	PROPN
cjal-3181	88	3	act	act	PROPN
cjal-3181	88	4	forces	forces	PROPN
cjal-3181	88	5	management	management	NOUN
cjal-3181	88	6	to	to	PART
cjal-3181	88	7	be	be	AUX
cjal-3181	88	8	more	more	ADV
cjal-3181	88	9	responsive	responsive	ADJ
cjal-3181	88	10	to	to	ADP
cjal-3181	88	11	shareholders	shareholder	NOUN
cjal-3181	88	12	while	while	SCONJ
cjal-3181	88	13	the	the	DET
cjal-3181	88	14	interim	interim	ADJ
cjal-3181	88	15	securities	security	NOUN
cjal-3181	88	16	regulations	regulation	NOUN
cjal-3181	88	17	allow	allow	VERB
cjal-3181	88	18	management	management	NOUN
cjal-3181	88	19	to	to	PART
cjal-3181	88	20	operate	operate	VERB
cjal-3181	88	21	in	in	ADP
cjal-3181	88	22	a	a	DET
cjal-3181	88	23	vacuum	vacuum	NOUN
cjal-3181	88	24	.	.	PUNCT
cjal-3181	89	1	it	it	PRON
cjal-3181	89	2	is	be	AUX
cjal-3181	89	3	unclear	unclear	ADJ
cjal-3181	89	4	which	which	PRON
cjal-3181	89	5	regulatory	regulatory	ADJ
cjal-3181	89	6	framework	framework	NOUN
cjal-3181	89	7	would	would	AUX
cjal-3181	89	8	ensure	ensure	VERB
cjal-3181	89	9	a	a	DET
cjal-3181	89	10	more	more	ADV
cjal-3181	89	11	effective	effective	ADJ
cjal-3181	89	12	utilization	utilization	NOUN
cjal-3181	89	13	of	of	ADP
cjal-3181	89	14	corporate	corporate	ADJ
cjal-3181	89	15	assets	asset	NOUN
cjal-3181	89	16	.	.	PUNCT
cjal-3181	90	1	25	25	NUM
cjal-3181	90	2	.	.	PUNCT
cjal-3181	90	3	fank	fank	PROPN
cjal-3181	90	4	h.	h.	PROPN
cjal-3181	90	5	easterbrook	easterbrook	PROPN
cjal-3181	90	6	and	and	CCONJ
cjal-3181	90	7	daniel	daniel	PROPN
cjal-3181	90	8	r.	r.	PROPN
cjal-3181	90	9	fischel	fischel	PROPN
cjal-3181	90	10	,	,	PUNCT
cjal-3181	90	11	the	the	DET
cjal-3181	90	12	proper	proper	ADJ
cjal-3181	90	13	role	role	NOUN
cjal-3181	90	14	of	of	ADP
cjal-3181	90	15	a	a	DET
cjal-3181	90	16	target	target	NOUN
cjal-3181	90	17	management	management	NOUN
cjal-3181	90	18	in	in	ADP
cjal-3181	90	19	responding	respond	VERB
cjal-3181	90	20	to	to	ADP
cjal-3181	90	21	a	a	DET
cjal-3181	90	22	tender	tender	NOUN
cjal-3181	90	23	offer	offer	NOUN
cjal-3181	90	24	,	,	PUNCT
cjal-3181	90	25	94	94	NUM
cjal-3181	90	26	harv	harv	NOUN
cjal-3181	90	27	.	.	PUNCT
cjal-3181	91	1	l.	l.	PROPN
cjal-3181	91	2	rev	rev	PROPN
cjal-3181	91	3	.	.	PROPN
cjal-3181	91	4	1161	1161	NUM
cjal-3181	91	5	.	.	PUNCT
cjal-3181	92	1	1169	1169	NUM
cjal-3181	92	2	(	(	PUNCT
cjal-3181	92	3	1981	1981	NUM
cjal-3181	92	4	)	)	PUNCT
cjal-3181	92	5	(	(	PUNCT
cjal-3181	92	6	hereinafter	hereinafter	NOUN
cjal-3181	92	7	easterbrook	easterbrook	PROPN
cjal-3181	92	8	&	&	CCONJ
cjal-3181	92	9	fischel	fischel	PROPN
cjal-3181	92	10	]	]	PUNCT
cjal-3181	92	11	(	(	PUNCT
cjal-3181	92	12	"	"	PUNCT
cjal-3181	92	13	the	the	DET
cjal-3181	92	14	most	most	ADV
cjal-3181	92	15	probable	probable	ADJ
cjal-3181	92	16	explanation	explanation	NOUN
cjal-3181	92	17	for	for	ADP
cjal-3181	92	18	unfriendly	unfriendly	ADJ
cjal-3181	92	19	takeovers	takeover	NOUN
cjal-3181	92	20	emphasizes	emphasize	VERB
cjal-3181	92	21	their	their	PRON
cjal-3181	92	22	role	role	NOUN
cjal-3181	92	23	in	in	ADP
cjal-3181	92	24	monitoring	monitor	VERB
cjal-3181	92	25	the	the	DET
cjal-3181	92	26	performance	performance	NOUN
cjal-3181	92	27	of	of	ADP
cjal-3181	92	28	corporate	corporate	ADJ
cjal-3181	92	29	managers	manager	NOUN
cjal-3181	92	30	.	.	PUNCT
cjal-3181	93	1	the	the	DET
cjal-3181	93	2	tender	tender	ADJ
cjal-3181	93	3	bidding	bidding	NOUN
cjal-3181	93	4	process	process	NOUN
cjal-3181	93	5	polices	police	NOUN
cjal-3181	93	6	managers	manager	NOUN
cjal-3181	93	7	whether	whether	SCONJ
cjal-3181	93	8	or	or	CCONJ
cjal-3181	93	9	not	not	PART
cjal-3181	93	10	a	a	DET
cjal-3181	93	11	tender	tender	NOUN
cjal-3181	93	12	offer	offer	NOUN
cjal-3181	93	13	occurs	occur	VERB
cjal-3181	93	14	,	,	PUNCT
cjal-3181	93	15	and	and	CCONJ
cjal-3181	93	16	disciplines	discipline	NOUN
cjal-3181	93	17	or	or	CCONJ
cjal-3181	93	18	replaces	replace	VERB
cjal-3181	93	19	them	they	PRON
cjal-3181	93	20	if	if	SCONJ
cjal-3181	93	21	they	they	PRON
cjal-3181	93	22	stray	stray	VERB
cjal-3181	93	23	too	too	ADV
cjal-3181	93	24	far	far	ADV
cjal-3181	93	25	from	from	ADP
cjal-3181	93	26	the	the	DET
cjal-3181	93	27	service	service	NOUN
cjal-3181	93	28	of	of	ADP
cjal-3181	93	29	the	the	DET
cjal-3181	93	30	shareholders	shareholder	NOUN
cjal-3181	93	31	.	.	PUNCT
cjal-3181	94	1	"	"	PUNCT
cjal-3181	94	2	)	)	PUNCT
cjal-3181	94	3	.	.	PUNCT
cjal-3181	95	1	26	26	NUM
cjal-3181	95	2	.	.	PUNCT
cjal-3181	96	1	michael	michael	PROPN
cjal-3181	96	2	c.	c.	PROPN
cjal-3181	96	3	jensen	jensen	PROPN
cjal-3181	96	4	,	,	PUNCT
cjal-3181	96	5	the	the	DET
cjal-3181	96	6	modern	modern	ADJ
cjal-3181	96	7	industrial	industrial	ADJ
cjal-3181	96	8	revolution	revolution	NOUN
cjal-3181	96	9	,	,	PUNCT
cjal-3181	96	10	exit	exit	NOUN
cjal-3181	96	11	,	,	PUNCT
cjal-3181	96	12	and	and	CCONJ
cjal-3181	96	13	the	the	DET
cjal-3181	96	14	failure	failure	NOUN
cjal-3181	96	15	of	of	ADP
cjal-3181	96	16	internal	internal	ADJ
cjal-3181	96	17	control	control	NOUN
cjal-3181	96	18	systems	system	NOUN
cjal-3181	96	19	,	,	PUNCT
cjal-3181	96	20	48	48	NUM
cjal-3181	96	21	j.	j.	PROPN
cjal-3181	96	22	fin	fin	PROPN
cjal-3181	96	23	.	.	PUNCT
cjal-3181	97	1	850	850	NUM
cjal-3181	97	2	(	(	PUNCT
cjal-3181	97	3	july	july	PROPN
cjal-3181	97	4	1993	1993	NUM
cjal-3181	97	5	)	)	PUNCT
cjal-3181	98	1	(	(	PUNCT
cjal-3181	98	2	discussing	discuss	VERB
cjal-3181	98	3	the	the	DET
cjal-3181	98	4	capital	capital	NOUN
cjal-3181	98	5	markets	market	NOUN
cjal-3181	98	6	as	as	ADP
cjal-3181	98	7	one	one	NUM
cjal-3181	98	8	of	of	ADP
cjal-3181	98	9	four	four	NUM
cjal-3181	98	10	control	control	NOUN
cjal-3181	98	11	forces	force	NOUN
cjal-3181	98	12	with	with	ADP
cjal-3181	98	13	which	which	PRON
cjal-3181	98	14	to	to	PART
cjal-3181	98	15	resolve	resolve	VERB
cjal-3181	98	16	theproblem	theproblem	NOUN
cjal-3181	98	17	of	of	ADP
cjal-3181	98	18	"	"	PUNCT
cjal-3181	98	19	divergence	divergence	NOUN
cjal-3181	98	20	between	between	ADP
cjal-3181	98	21	managers	manager	NOUN
cjal-3181	98	22	'	'	PART
cjal-3181	98	23	decisions	decision	NOUN
cjal-3181	98	24	and	and	CCONJ
cjal-3181	98	25	those	those	PRON
cjal-3181	98	26	that	that	PRON
cjal-3181	98	27	are	be	AUX
cjal-3181	98	28	optimal	optimal	ADJ
cjal-3181	98	29	from	from	ADP
cjal-3181	98	30	society	society	NOUN
cjal-3181	98	31	's	's	PART
cjal-3181	98	32	standpoint	standpoint	NOUN
cjal-3181	98	33	.	.	PUNCT
cjal-3181	98	34	"	"	PUNCT
cjal-3181	98	35	)	)	PUNCT
cjal-3181	98	36	.	.	PUNCT
cjal-3181	99	1	columbia	columbia	PROPN
cjal-3181	99	2	journal	journal	PROPN
cjal-3181	99	3	of	of	ADP
cjal-3181	99	4	asian	asian	PROPN
cjal-3181	99	5	law	law	PROPN
cjal-3181	99	6	ii	ii	PROPN
cjal-3181	99	7	.	.	PUNCT
cjal-3181	100	1	the	the	DET
cjal-3181	100	2	prc	prc	PROPN
cjal-3181	100	3	laws	law	NOUN
cjal-3181	100	4	governing	govern	VERB
cjal-3181	100	5	hostile	hostile	ADJ
cjal-3181	100	6	takeovers	takeover	NOUN
cjal-3181	100	7	a.	a.	NOUN
cjal-3181	100	8	the	the	DET
cjal-3181	100	9	chinese	chinese	ADJ
cjal-3181	100	10	regulatory	regulatory	ADJ
cjal-3181	100	11	framework	framework	NOUN
cjal-3181	100	12	chinese	chinese	ADJ
cjal-3181	100	13	securities	security	NOUN
cjal-3181	100	14	laws	law	NOUN
cjal-3181	100	15	are	be	AUX
cjal-3181	100	16	evolving	evolve	VERB
cjal-3181	100	17	over	over	ADP
cjal-3181	100	18	time	time	NOUN
cjal-3181	100	19	.	.	PUNCT
cjal-3181	101	1	the	the	DET
cjal-3181	101	2	chinese	chinese	ADJ
cjal-3181	101	3	securities	security	NOUN
cjal-3181	101	4	markets	market	NOUN
cjal-3181	101	5	developed	develop	VERB
cjal-3181	101	6	without	without	ADP
cjal-3181	101	7	any	any	DET
cjal-3181	101	8	national	national	ADJ
cjal-3181	101	9	legislation	legislation	NOUN
cjal-3181	101	10	;	;	PUNCT
cjal-3181	101	11	local	local	ADJ
cjal-3181	101	12	administrative	administrative	ADJ
cjal-3181	101	13	regulations	regulation	NOUN
cjal-3181	101	14	were	be	AUX
cjal-3181	101	15	created	create	VERB
cjal-3181	101	16	by	by	ADP
cjal-3181	101	17	the	the	DET
cjal-3181	101	18	people	people	NOUN
cjal-3181	101	19	's	's	PART
cjal-3181	101	20	bank	bank	PROPN
cjal-3181	101	21	of	of	ADP
cjal-3181	101	22	china	china	PROPN
cjal-3181	101	23	and	and	CCONJ
cjal-3181	101	24	the	the	DET
cjal-3181	101	25	shanghai	shanghai	PROPN
cjal-3181	101	26	and	and	CCONJ
cjal-3181	101	27	shenzhen	shenzhen	PROPN
cjal-3181	101	28	municipalities.27	municipalities.27	PROPN
cjal-3181	101	29	in	in	ADP
cjal-3181	101	30	1993	1993	NUM
cjal-3181	101	31	,	,	PUNCT
cjal-3181	101	32	the	the	DET
cjal-3181	101	33	state	state	NOUN
cjal-3181	101	34	council	council	PROPN
cjal-3181	101	35	created	create	VERB
cjal-3181	101	36	a	a	DET
cjal-3181	101	37	regulatory	regulatory	ADJ
cjal-3181	101	38	body	body	NOUN
cjal-3181	101	39	,	,	PUNCT
cjal-3181	101	40	the	the	DET
cjal-3181	101	41	securities	security	NOUN
cjal-3181	101	42	commission	commission	PROPN
cjal-3181	101	43	of	of	ADP
cjal-3181	101	44	the	the	DET
cjal-3181	101	45	state	state	PROPN
cjal-3181	101	46	council	council	PROPN
cjal-3181	101	47	and	and	CCONJ
cjal-3181	101	48	its	its	PRON
cjal-3181	101	49	executive	executive	ADJ
cjal-3181	101	50	body	body	NOUN
cjal-3181	101	51	,	,	PUNCT
cjal-3181	101	52	the	the	DET
cjal-3181	101	53	csrc	csrc	NOUN
cjal-3181	101	54	,	,	PUNCT
cjal-3181	101	55	to	to	PART
cjal-3181	101	56	regulate	regulate	VERB
cjal-3181	101	57	the	the	DET
cjal-3181	101	58	trading	trading	NOUN
cjal-3181	101	59	of	of	ADP
cjal-3181	101	60	securities.2	securities.2	ADJ
cjal-3181	101	61	8	8	NUM
cjal-3181	101	62	the	the	DET
cjal-3181	101	63	csrc	csrc	NOUN
cjal-3181	101	64	is	be	AUX
cjal-3181	101	65	chartered	charter	VERB
cjal-3181	101	66	with	with	ADP
cjal-3181	101	67	enforcing	enforce	VERB
cjal-3181	101	68	the	the	DET
cjal-3181	101	69	securities	security	NOUN
cjal-3181	101	70	regulations	regulation	NOUN
cjal-3181	101	71	as	as	ADV
cjal-3181	101	72	well	well	ADV
cjal-3181	101	73	as	as	ADP
cjal-3181	101	74	drafting	draft	VERB
cjal-3181	101	75	additional	additional	ADJ
cjal-3181	101	76	disclosure	disclosure	NOUN
cjal-3181	101	77	regulations	regulation	NOUN
cjal-3181	101	78	.	.	PUNCT
cjal-3181	102	1	29	29	NUM
cjal-3181	102	2	it	it	PRON
cjal-3181	102	3	also	also	ADV
cjal-3181	102	4	investigates	investigate	VERB
cjal-3181	102	5	violations	violation	NOUN
cjal-3181	102	6	of	of	ADP
cjal-3181	102	7	the	the	DET
cjal-3181	102	8	securities	security	NOUN
cjal-3181	102	9	regulations	regulation	NOUN
cjal-3181	102	10	and	and	CCONJ
cjal-3181	102	11	imposes	impose	VERB
cjal-3181	102	12	appropriate	appropriate	ADJ
cjal-3181	102	13	penalties.30	penalties.30	NOUN
cjal-3181	102	14	b.	b.	PROPN
cjal-3181	103	1	the	the	DET
cjal-3181	103	2	interim	interim	ADJ
cjal-3181	103	3	securities	security	NOUN
cjal-3181	103	4	regulations	regulation	NOUN
cjal-3181	103	5	chinese	chinese	ADJ
cjal-3181	103	6	securities	security	NOUN
cjal-3181	103	7	are	be	AUX
cjal-3181	103	8	divided	divide	VERB
cjal-3181	103	9	into	into	ADP
cjal-3181	103	10	two	two	NUM
cjal-3181	103	11	classes	class	NOUN
cjal-3181	103	12	of	of	ADP
cjal-3181	103	13	shares	share	NOUN
cjal-3181	103	14	depending	depend	VERB
cjal-3181	103	15	upon	upon	SCONJ
cjal-3181	103	16	who	who	PRON
cjal-3181	103	17	can	can	AUX
cjal-3181	103	18	own	own	VERB
cjal-3181	103	19	the	the	DET
cjal-3181	103	20	shares	share	NOUN
cjal-3181	103	21	and	and	CCONJ
cjal-3181	103	22	how	how	SCONJ
cjal-3181	103	23	they	they	PRON
cjal-3181	103	24	can	can	AUX
cjal-3181	103	25	be	be	AUX
cjal-3181	103	26	traded	trade	VERB
cjal-3181	103	27	.	.	PUNCT
cjal-3181	104	1	a	a	DET
cjal-3181	104	2	-	-	PUNCT
cjal-3181	104	3	type	type	NOUN
cjal-3181	104	4	shares	share	NOUN
cjal-3181	104	5	are	be	AUX
cjal-3181	104	6	shares	share	NOUN
cjal-3181	104	7	that	that	PRON
cjal-3181	104	8	can	can	AUX
cjal-3181	104	9	be	be	AUX
cjal-3181	104	10	owned	own	VERB
cjal-3181	104	11	by	by	ADP
cjal-3181	104	12	chinese	chinese	ADJ
cjal-3181	104	13	state	state	NOUN
cjal-3181	104	14	-	-	PUNCT
cjal-3181	104	15	owned	own	VERB
cjal-3181	104	16	entities	entity	NOUN
cjal-3181	104	17	,	,	PUNCT
cjal-3181	104	18	chinese	chinese	ADJ
cjal-3181	104	19	legal	legal	ADJ
cjal-3181	104	20	persons	person	NOUN
cjal-3181	104	21	,	,	PUNCT
cjal-3181	104	22	otherwise	otherwise	ADV
cjal-3181	104	23	known	know	VERB
cjal-3181	104	24	as	as	ADP
cjal-3181	104	25	companies	company	NOUN
cjal-3181	104	26	,	,	PUNCT
cjal-3181	104	27	and	and	CCONJ
cjal-3181	104	28	chinese	chinese	ADJ
cjal-3181	104	29	citizens	citizen	NOUN
cjal-3181	104	30	.	.	PUNCT
cjal-3181	105	1	3	3	NUM
cjal-3181	105	2	,	,	PUNCT
cjal-3181	105	3	btype	btype	ADJ
cjal-3181	105	4	shares	share	NOUN
cjal-3181	105	5	are	be	AUX
cjal-3181	105	6	shares	share	NOUN
cjal-3181	105	7	that	that	PRON
cjal-3181	105	8	can	can	AUX
cjal-3181	105	9	be	be	AUX
cjal-3181	105	10	owned	own	VERB
cjal-3181	105	11	by	by	ADP
cjal-3181	105	12	foreigners	foreigner	NOUN
cjal-3181	105	13	.	.	PUNCT
cjal-3181	106	1	a	a	DET
cjal-3181	106	2	-	-	PUNCT
cjal-3181	106	3	type	type	NOUN
cjal-3181	106	4	shares	share	NOUN
cjal-3181	106	5	held	hold	VERB
cjal-3181	106	6	by	by	ADP
cjal-3181	106	7	chinese	chinese	ADJ
cjal-3181	106	8	individuals	individual	NOUN
cjal-3181	106	9	are	be	AUX
cjal-3181	106	10	the	the	DET
cjal-3181	106	11	shares	share	NOUN
cjal-3181	106	12	that	that	PRON
cjal-3181	106	13	are	be	AUX
cjal-3181	106	14	freely	freely	ADV
cjal-3181	106	15	traded	trade	VERB
cjal-3181	106	16	on	on	ADP
cjal-3181	106	17	chinese	chinese	ADJ
cjal-3181	106	18	exchanges	exchange	NOUN
cjal-3181	106	19	;	;	PUNCT
cjal-3181	106	20	state	state	NOUN
cjal-3181	106	21	-	-	PUNCT
cjal-3181	106	22	owned	own	VERB
cjal-3181	106	23	shares	share	NOUN
cjal-3181	106	24	are	be	AUX
cjal-3181	106	25	not	not	PART
cjal-3181	106	26	traded.32	traded.32	VERB
cjal-3181	106	27	in	in	ADP
cjal-3181	106	28	this	this	DET
cjal-3181	106	29	way	way	NOUN
cjal-3181	106	30	,	,	PUNCT
cjal-3181	106	31	the	the	DET
cjal-3181	106	32	interim	interim	ADJ
cjal-3181	106	33	securities	security	NOUN
cjal-3181	106	34	regulations	regulation	NOUN
cjal-3181	106	35	,	,	PUNCT
cjal-3181	106	36	as	as	SCONJ
cjal-3181	106	37	it	it	PRON
cjal-3181	106	38	is	be	AUX
cjal-3181	106	39	specifically	specifically	ADV
cjal-3181	106	40	written	write	VERB
cjal-3181	106	41	,	,	PUNCT
cjal-3181	106	42	regulates	regulate	VERB
cjal-3181	106	43	the	the	DET
cjal-3181	106	44	trading	trading	NOUN
cjal-3181	106	45	of	of	ADP
cjal-3181	106	46	a	a	DET
cjal-3181	106	47	-	-	PUNCT
cjal-3181	106	48	type	type	NOUN
cjal-3181	106	49	shares	share	NOUN
cjal-3181	106	50	by	by	ADP
cjal-3181	106	51	individuals	individual	NOUN
cjal-3181	106	52	and	and	CCONJ
cjal-3181	106	53	legal	legal	ADJ
cjal-3181	106	54	persons	person	NOUN
cjal-3181	106	55	.	.	PUNCT
cjal-3181	107	1	33	33	NUM
cjal-3181	107	2	27	27	NUM
cjal-3181	107	3	.	.	PUNCT
cjal-3181	108	1	cy	cy	PROPN
cjal-3181	108	2	leung	leung	PROPN
cjal-3181	108	3	and	and	CCONJ
cjal-3181	108	4	raymond	raymond	PROPN
cjal-3181	108	5	gu	gu	PROPN
cjal-3181	108	6	,	,	PUNCT
cjal-3181	108	7	china	china	PROPN
cjal-3181	108	8	,	,	PUNCT
cjal-3181	108	9	iflrev	iflrev	ADJ
cjal-3181	108	10	.	.	PUNCT
cjal-3181	109	1	specialsupp	specialsupp	PROPN
cjal-3181	109	2	.	.	PROPN
cjal-3181	109	3	,	,	PUNCT
cjal-3181	109	4	jul	jul	PROPN
cjal-3181	109	5	.	.	PROPN
cjal-3181	109	6	1994	1994	NUM
cjal-3181	109	7	,	,	PUNCT
cjal-3181	109	8	at	at	ADP
cjal-3181	109	9	17	17	NUM
cjal-3181	109	10	[	[	SYM
cjal-3181	109	11	hereinafter	hereinafter	NOUN
cjal-3181	109	12	leung	leung	PROPN
cjal-3181	109	13	&	&	CCONJ
cjal-3181	109	14	gu	gu	PROPN
cjal-3181	109	15	]	]	PROPN
cjal-3181	109	16	.	.	PUNCT
cjal-3181	110	1	28	28	NUM
cjal-3181	110	2	.	.	PUNCT
cjal-3181	110	3	interim	interim	ADJ
cjal-3181	110	4	securities	security	NOUN
cjal-3181	110	5	regulations	regulation	NOUN
cjal-3181	110	6	,	,	PUNCT
cjal-3181	110	7	supra	supra	PROPN
cjal-3181	110	8	note	note	NOUN
cjal-3181	110	9	1	1	NUM
cjal-3181	110	10	,	,	PUNCT
cjal-3181	110	11	art	art	NOUN
cjal-3181	110	12	.	.	PUNCT
cjal-3181	111	1	5	5	NUM
cjal-3181	111	2	(	(	PUNCT
cjal-3181	111	3	"	"	PUNCT
cjal-3181	111	4	the	the	DET
cjal-3181	111	5	state	state	PROPN
cjal-3181	111	6	council	council	PROPN
cjal-3181	111	7	securities	security	NOUN
cjal-3181	111	8	commission	commission	PROPN
cjal-3181	111	9	shall	shall	AUX
cjal-3181	111	10	be	be	AUX
cjal-3181	111	11	the	the	DET
cjal-3181	111	12	organization	organization	NOUN
cjal-3181	111	13	in	in	ADP
cjal-3181	111	14	charge	charge	NOUN
cjal-3181	111	15	of	of	ADP
cjal-3181	111	16	securities	security	NOUN
cjal-3181	111	17	markets	market	NOUN
cjal-3181	111	18	throughout	throughout	ADP
cjal-3181	111	19	the	the	DET
cjal-3181	111	20	country	country	NOUN
cjal-3181	111	21	and	and	CCONJ
cjal-3181	111	22	shall	shall	AUX
cjal-3181	111	23	centrally	centrally	ADV
cjal-3181	111	24	administer	administer	VERB
cjal-3181	111	25	securities	security	NOUN
cjal-3181	111	26	markets	market	NOUN
cjal-3181	111	27	throughout	throughout	ADP
cjal-3181	111	28	the	the	DET
cjal-3181	111	29	country	country	NOUN
cjal-3181	111	30	in	in	ADP
cjal-3181	111	31	accordance	accordance	NOUN
cjal-3181	111	32	with	with	ADP
cjal-3181	111	33	laws	law	NOUN
cjal-3181	111	34	and	and	CCONJ
cjal-3181	111	35	regulations	regulation	NOUN
cjal-3181	111	36	.	.	PUNCT
cjal-3181	112	1	"	"	PUNCT
cjal-3181	112	2	)	)	PUNCT
cjal-3181	112	3	.	.	PUNCT
cjal-3181	113	1	29	29	NUM
cjal-3181	113	2	.	.	PUNCT
cjal-3181	114	1	i	i	PRON
cjal-3181	114	2	d.	d.	PROPN
cjal-3181	114	3	,	,	PUNCT
cjal-3181	114	4	art	art	NOUN
cjal-3181	114	5	.	.	PUNCT
cjal-3181	115	1	5	5	NUM
cjal-3181	115	2	.	.	SYM
cjal-3181	115	3	30	30	NUM
cjal-3181	115	4	.	.	PUNCT
cjal-3181	116	1	i	i	PRON
cjal-3181	116	2	d.	d.	PROPN
cjal-3181	116	3	,	,	PUNCT
cjal-3181	116	4	arts	art	NOUN
cjal-3181	116	5	.	.	PUNCT
cjal-3181	117	1	68	68	NUM
cjal-3181	117	2	and	and	CCONJ
cjal-3181	117	3	75	75	NUM
cjal-3181	117	4	(	(	PUNCT
cjal-3181	117	5	article	article	NOUN
cjal-3181	117	6	68	68	NUM
cjal-3181	117	7	describes	describe	VERB
cjal-3181	117	8	investigating	investigate	VERB
cjal-3181	117	9	violations	violation	NOUN
cjal-3181	117	10	;	;	PUNCT
cjal-3181	117	11	article	article	NOUN
cjal-3181	117	12	75	75	NUM
cjal-3181	117	13	describes	describe	VERB
cjal-3181	117	14	the	the	DET
cjal-3181	117	15	penalties	penalty	NOUN
cjal-3181	117	16	for	for	ADP
cjal-3181	117	17	violations	violation	NOUN
cjal-3181	117	18	.	.	PUNCT
cjal-3181	117	19	)	)	PUNCT
cjal-3181	117	20	.	.	PUNCT
cjal-3181	118	1	31	31	NUM
cjal-3181	118	2	.	.	PUNCT
cjal-3181	119	1	leung	leung	PROPN
cjal-3181	119	2	&	&	CCONJ
cjal-3181	119	3	gu	gu	PROPN
cjal-3181	119	4	,	,	PUNCT
cjal-3181	119	5	supra	supra	PROPN
cjal-3181	119	6	note	note	PROPN
cjal-3181	119	7	27	27	NUM
cjal-3181	119	8	,	,	PUNCT
cjal-3181	119	9	at	at	ADP
cjal-3181	119	10	19	19	NUM
cjal-3181	119	11	.	.	PUNCT
cjal-3181	119	12	32	32	NUM
cjal-3181	119	13	.	.	PUNCT
cjal-3181	120	1	i	i	PRON
cjal-3181	120	2	d.	d.	PROPN
cjal-3181	120	3	33	33	NUM
cjal-3181	120	4	.	.	PUNCT
cjal-3181	120	5	interim	interim	ADJ
cjal-3181	120	6	securities	security	NOUN
cjal-3181	120	7	regulations	regulation	NOUN
cjal-3181	120	8	,	,	PUNCT
cjal-3181	120	9	supra	supra	PROPN
cjal-3181	120	10	note	note	NOUN
cjal-3181	120	11	1	1	NUM
cjal-3181	120	12	,	,	PUNCT
cjal-3181	120	13	art	art	NOUN
cjal-3181	120	14	.	.	PUNCT
cjal-3181	121	1	6	6	NUM
cjal-3181	121	2	(	(	PUNCT
cjal-3181	121	3	"	"	PUNCT
cjal-3181	121	4	specific	specific	ADJ
cjal-3181	121	5	measures	measure	NOUN
cjal-3181	121	6	for	for	ADP
cjal-3181	121	7	the	the	DET
cjal-3181	121	8	issue	issue	NOUN
cjal-3181	121	9	and	and	CCONJ
cjal-3181	121	10	trading	trading	NOUN
cjal-3181	121	11	of	of	ADP
cjal-3181	121	12	special	special	ADJ
cjal-3181	121	13	renminbi	renminbi	NOUN
cjal-3181	121	14	denominated	denominate	VERB
cjal-3181	121	15	shares	share	NOUN
cjal-3181	121	16	shall	shall	AUX
cjal-3181	121	17	be	be	AUX
cjal-3181	121	18	formulated	formulate	VERB
cjal-3181	121	19	separately	separately	ADV
cjal-3181	121	20	.	.	PUNCT
cjal-3181	122	1	"	"	PUNCT
cjal-3181	122	2	)	)	PUNCT
cjal-3181	122	3	.	.	PUNCT
cjal-3181	123	1	[	[	X
cjal-3181	123	2	12:1	12:1	NUM
cjal-3181	123	3	1998	1998	NUM
cjal-3181	123	4	]	]	PUNCT
cjal-3181	123	5	comparison	comparison	NOUN
cjal-3181	123	6	of	of	ADP
cjal-3181	123	7	takeover	takeover	NOUN
cjal-3181	123	8	regulations	regulation	NOUN
cjal-3181	123	9	of	of	ADP
cjal-3181	123	10	us	us	PROPN
cjal-3181	123	11	&	&	CCONJ
cjal-3181	123	12	china	china	PROPN
cjal-3181	123	13	105	105	NUM
cjal-3181	123	14	a	a	DET
cjal-3181	123	15	legal	legal	ADJ
cjal-3181	123	16	person	person	NOUN
cjal-3181	123	17	is	be	AUX
cjal-3181	123	18	either	either	CCONJ
cjal-3181	123	19	a	a	DET
cjal-3181	123	20	company	company	NOUN
cjal-3181	123	21	"	"	PUNCT
cjal-3181	123	22	limited	limit	VERB
cjal-3181	123	23	by	by	ADP
cjal-3181	123	24	shares	share	NOUN
cjal-3181	123	25	"	"	PUNCT
cjal-3181	123	26	or	or	CCONJ
cjal-3181	123	27	a	a	DET
cjal-3181	123	28	"	"	PUNCT
cjal-3181	123	29	limited	limited	ADJ
cjal-3181	123	30	liability	liability	NOUN
cjal-3181	123	31	company	company	NOUN
cjal-3181	123	32	.	.	PUNCT
cjal-3181	124	1	"34	"34	PROPN
cjal-3181	124	2	a	a	DET
cjal-3181	124	3	company	company	NOUN
cjal-3181	124	4	limited	limit	VERB
cjal-3181	124	5	by	by	ADP
cjal-3181	124	6	shares	share	NOUN
cjal-3181	124	7	is	be	AUX
cjal-3181	124	8	a	a	DET
cjal-3181	124	9	company	company	NOUN
cjal-3181	124	10	in	in	ADP
cjal-3181	124	11	which	which	PRON
cjal-3181	124	12	the	the	DET
cjal-3181	124	13	capital	capital	NOUN
cjal-3181	124	14	of	of	ADP
cjal-3181	124	15	the	the	DET
cjal-3181	124	16	company	company	NOUN
cjal-3181	124	17	is	be	AUX
cjal-3181	124	18	divided	divide	VERB
cjal-3181	124	19	into	into	ADP
cjal-3181	124	20	equal	equal	ADJ
cjal-3181	124	21	shares	share	NOUN
cjal-3181	124	22	and	and	CCONJ
cjal-3181	124	23	the	the	DET
cjal-3181	124	24	shareholders	shareholder	NOUN
cjal-3181	124	25	are	be	AUX
cjal-3181	124	26	liable	liable	ADJ
cjal-3181	124	27	to	to	ADP
cjal-3181	124	28	the	the	DET
cjal-3181	124	29	extent	extent	NOUN
cjal-3181	124	30	of	of	ADP
cjal-3181	124	31	their	their	PRON
cjal-3181	124	32	share	share	NOUN
cjal-3181	124	33	holdings.35	holdings.35	NOUN
cjal-3181	124	34	in	in	ADP
cjal-3181	124	35	other	other	ADJ
cjal-3181	124	36	words	word	NOUN
cjal-3181	124	37	,	,	PUNCT
cjal-3181	124	38	it	it	PRON
cjal-3181	124	39	is	be	AUX
cjal-3181	124	40	a	a	DET
cjal-3181	124	41	public	public	ADJ
cjal-3181	124	42	corporation	corporation	NOUN
cjal-3181	124	43	with	with	ADP
cjal-3181	124	44	outstanding	outstanding	ADJ
cjal-3181	124	45	shares	share	NOUN
cjal-3181	124	46	.	.	PUNCT
cjal-3181	125	1	a	a	DET
cjal-3181	125	2	limited	limited	ADJ
cjal-3181	125	3	liability	liability	NOUN
cjal-3181	125	4	company	company	NOUN
cjal-3181	125	5	is	be	AUX
cjal-3181	125	6	a	a	DET
cjal-3181	125	7	company	company	NOUN
cjal-3181	125	8	in	in	ADP
cjal-3181	125	9	which	which	PRON
cjal-3181	125	10	the	the	DET
cjal-3181	125	11	shareholders	shareholder	NOUN
cjal-3181	125	12	are	be	AUX
cjal-3181	125	13	liable	liable	ADJ
cjal-3181	125	14	to	to	ADP
cjal-3181	125	15	the	the	DET
cjal-3181	125	16	company	company	NOUN
cjal-3181	125	17	to	to	ADP
cjal-3181	125	18	the	the	DET
cjal-3181	125	19	extent	extent	NOUN
cjal-3181	125	20	of	of	ADP
cjal-3181	125	21	their	their	PRON
cjal-3181	125	22	capital	capital	NOUN
cjal-3181	125	23	contributions	contribution	NOUN
cjal-3181	125	24	to	to	ADP
cjal-3181	125	25	the	the	DET
cjal-3181	125	26	company	company	NOUN
cjal-3181	125	27	.	.	PUNCT
cjal-3181	126	1	6	6	NUM
cjal-3181	126	2	an	an	DET
cjal-3181	126	3	equivalent	equivalent	ADJ
cjal-3181	126	4	entity	entity	NOUN
cjal-3181	126	5	in	in	ADP
cjal-3181	126	6	the	the	DET
cjal-3181	126	7	united	united	PROPN
cjal-3181	126	8	states	states	PROPN
cjal-3181	126	9	would	would	AUX
cjal-3181	126	10	be	be	AUX
cjal-3181	126	11	a	a	DET
cjal-3181	126	12	limited	limited	ADJ
cjal-3181	126	13	liability	liability	NOUN
cjal-3181	126	14	corporation	corporation	NOUN
cjal-3181	126	15	?	?	PUNCT
cjal-3181	126	16	'	'	PUNCT
cjal-3181	127	1	a	a	DET
cjal-3181	127	2	point	point	NOUN
cjal-3181	127	3	to	to	PART
cjal-3181	127	4	note	note	VERB
cjal-3181	127	5	is	be	AUX
cjal-3181	127	6	that	that	SCONJ
cjal-3181	127	7	only	only	ADJ
cjal-3181	127	8	companies	company	NOUN
cjal-3181	127	9	can	can	AUX
cjal-3181	127	10	acquire	acquire	VERB
cjal-3181	127	11	a	a	DET
cjal-3181	127	12	significant	significant	ADJ
cjal-3181	127	13	amount	amount	NOUN
cjal-3181	127	14	of	of	ADP
cjal-3181	127	15	shares	share	NOUN
cjal-3181	127	16	of	of	ADP
cjal-3181	127	17	a	a	DET
cjal-3181	127	18	publicly	publicly	ADV
cjal-3181	127	19	-	-	PUNCT
cjal-3181	127	20	traded	trade	VERB
cjal-3181	127	21	company	company	NOUN
cjal-3181	127	22	.	.	PUNCT
cjal-3181	128	1	an	an	DET
cjal-3181	128	2	individual	individual	ADJ
cjal-3181	128	3	citizen	citizen	NOUN
cjal-3181	128	4	can	can	AUX
cjal-3181	128	5	hold	hold	VERB
cjal-3181	128	6	no	no	DET
cjal-3181	128	7	more	more	ADJ
cjal-3181	128	8	than	than	ADP
cjal-3181	128	9	0.5	0.5	NUM
cjal-3181	128	10	%	%	NOUN
cjal-3181	128	11	of	of	ADP
cjal-3181	128	12	the	the	DET
cjal-3181	128	13	outstanding	outstanding	ADJ
cjal-3181	128	14	shares.38	shares.38	PROPN
cjal-3181	128	15	if	if	SCONJ
cjal-3181	128	16	an	an	DET
cjal-3181	128	17	individual	individual	ADJ
cjal-3181	128	18	citizen	citizen	NOUN
cjal-3181	128	19	's	's	PART
cjal-3181	128	20	equity	equity	NOUN
cjal-3181	128	21	interest	interest	NOUN
cjal-3181	128	22	exceeds	exceed	VERB
cjal-3181	128	23	the	the	DET
cjal-3181	128	24	threshold	threshold	NOUN
cjal-3181	128	25	,	,	PUNCT
cjal-3181	128	26	then	then	ADV
cjal-3181	128	27	the	the	DET
cjal-3181	128	28	company	company	NOUN
cjal-3181	128	29	must	must	AUX
cjal-3181	128	30	acquire	acquire	VERB
cjal-3181	128	31	the	the	DET
cjal-3181	128	32	excess	excess	ADJ
cjal-3181	128	33	shares	share	NOUN
cjal-3181	128	34	with	with	ADP
cjal-3181	128	35	the	the	DET
cjal-3181	128	36	csrc	csrc	NOUN
cjal-3181	128	37	's	's	PART
cjal-3181	128	38	approval	approval	NOUN
cjal-3181	128	39	at	at	ADP
cjal-3181	128	40	a	a	DET
cjal-3181	128	41	price	price	NOUN
cjal-3181	128	42	that	that	PRON
cjal-3181	128	43	is	be	AUX
cjal-3181	128	44	the	the	DET
cjal-3181	128	45	lower	low	ADJ
cjal-3181	128	46	of	of	ADP
cjal-3181	128	47	the	the	DET
cjal-3181	128	48	market	market	NOUN
cjal-3181	128	49	price	price	NOUN
cjal-3181	128	50	or	or	CCONJ
cjal-3181	128	51	the	the	DET
cjal-3181	128	52	individual	individual	NOUN
cjal-3181	128	53	's	's	PART
cjal-3181	128	54	original	original	ADJ
cjal-3181	128	55	purchase	purchase	NOUN
cjal-3181	128	56	price	price	NOUN
cjal-3181	128	57	.	.	PUNCT
cjal-3181	128	58	)	)	PUNCT
cjal-3181	129	1	c.	c.	NOUN
cjal-3181	129	2	the	the	DET
cjal-3181	129	3	interim	interim	ADJ
cjal-3181	129	4	securities	security	NOUN
cjal-3181	129	5	regulations	regulation	NOUN
cjal-3181	129	6	:	:	PUNCT
cjal-3181	129	7	broad	broad	ADJ
cjal-3181	129	8	disclosure	disclosure	NOUN
cjal-3181	129	9	two	two	NUM
cjal-3181	129	10	areas	area	NOUN
cjal-3181	129	11	of	of	ADP
cjal-3181	129	12	the	the	DET
cjal-3181	129	13	interim	interim	ADJ
cjal-3181	129	14	securities	security	NOUN
cjal-3181	129	15	regulations	regulation	NOUN
cjal-3181	129	16	that	that	PRON
cjal-3181	129	17	regulate	regulate	VERB
cjal-3181	129	18	takeovers	takeover	NOUN
cjal-3181	129	19	are	be	AUX
cjal-3181	129	20	the	the	DET
cjal-3181	129	21	specific	specific	ADJ
cjal-3181	129	22	regulations	regulation	NOUN
cjal-3181	129	23	that	that	PRON
cjal-3181	129	24	mandate	mandate	VERB
cjal-3181	129	25	disclosure	disclosure	NOUN
cjal-3181	129	26	and	and	CCONJ
cjal-3181	129	27	govern	govern	VERB
cjal-3181	129	28	tender	tender	NOUN
cjal-3181	129	29	offers	offer	NOUN
cjal-3181	129	30	.	.	PUNCT
cjal-3181	130	1	the	the	DET
cjal-3181	130	2	interim	interim	ADJ
cjal-3181	130	3	securities	security	NOUN
cjal-3181	130	4	regulations	regulation	NOUN
cjal-3181	130	5	provide	provide	VERB
cjal-3181	130	6	for	for	ADP
cjal-3181	130	7	broad	broad	ADJ
cjal-3181	130	8	disclosure	disclosure	NOUN
cjal-3181	130	9	to	to	ADP
cjal-3181	130	10	shareholders	shareholder	NOUN
cjal-3181	130	11	once	once	SCONJ
cjal-3181	130	12	one	one	PRON
cjal-3181	130	13	becomes	become	VERB
cjal-3181	130	14	the	the	DET
cjal-3181	130	15	beneficial	beneficial	ADJ
cjal-3181	130	16	owner	owner	NOUN
cjal-3181	130	17	of	of	ADP
cjal-3181	130	18	fivepercent	fivepercent	NOUN
cjal-3181	130	19	of	of	ADP
cjal-3181	130	20	the	the	DET
cjal-3181	130	21	outstanding	outstanding	ADJ
cjal-3181	130	22	shares	share	NOUN
cjal-3181	130	23	of	of	ADP
cjal-3181	130	24	a	a	DET
cjal-3181	130	25	listed	list	VERB
cjal-3181	130	26	company.04	company.04	NOUN
cjal-3181	130	27	after	after	ADP
cjal-3181	130	28	reaching	reach	VERB
cjal-3181	130	29	that	that	DET
cjal-3181	130	30	ownership	ownership	NOUN
cjal-3181	130	31	level	level	NOUN
cjal-3181	130	32	,	,	PUNCT
cjal-3181	130	33	that	that	SCONJ
cjal-3181	130	34	five	five	NUM
cjal-3181	130	35	-	-	PUNCT
cjal-3181	130	36	percent	percent	NOUN
cjal-3181	130	37	shareholder	shareholder	NOUN
cjal-3181	130	38	is	be	AUX
cjal-3181	130	39	required	require	VERB
cjal-3181	130	40	to	to	PART
cjal-3181	130	41	disclose	disclose	VERB
cjal-3181	130	42	its	its	PRON
cjal-3181	130	43	position	position	NOUN
cjal-3181	130	44	within	within	ADP
cjal-3181	130	45	three	three	NUM
cjal-3181	130	46	business	business	NOUN
cjal-3181	130	47	days	day	NOUN
cjal-3181	130	48	by	by	ADP
cjal-3181	130	49	issuing	issue	VERB
cjal-3181	130	50	a	a	DET
cjal-3181	130	51	statement	statement	NOUN
cjal-3181	130	52	in	in	ADP
cjal-3181	130	53	at	at	ADV
cjal-3181	130	54	least	least	ADV
cjal-3181	130	55	one	one	NUM
cjal-3181	130	56	national	national	ADJ
cjal-3181	130	57	newspaper	newspaper	NOUN
cjal-3181	130	58	and	and	CCONJ
cjal-3181	130	59	filing	filing	NOUN
cjal-3181	130	60	written	write	VERB
cjal-3181	130	61	notice	notice	NOUN
cjal-3181	130	62	with	with	ADP
cjal-3181	130	63	the	the	DET
cjal-3181	130	64	target	target	NOUN
cjal-3181	130	65	company	company	NOUN
cjal-3181	130	66	,	,	PUNCT
cjal-3181	130	67	the	the	DET
cjal-3181	130	68	34	34	NUM
cjal-3181	130	69	.	.	PUNCT
cjal-3181	131	1	prc	prc	PROPN
cjal-3181	131	2	company	company	NOUN
cjal-3181	131	3	law	law	NOUN
cjal-3181	131	4	,	,	PUNCT
cjal-3181	131	5	art	art	NOUN
cjal-3181	131	6	.	.	PUNCT
cjal-3181	132	1	3	3	NUM
cjal-3181	132	2	(	(	PUNCT
cjal-3181	132	3	adopted	adopt	VERB
cjal-3181	132	4	at	at	ADP
cjal-3181	132	5	the	the	DET
cjal-3181	132	6	5th	5th	ADJ
cjal-3181	132	7	session	session	NOUN
cjal-3181	132	8	ofthe	ofthe	PROPN
cjal-3181	132	9	standing	standing	PROPN
cjal-3181	132	10	committee	committee	PROPN
cjal-3181	132	11	of	of	ADP
cjal-3181	132	12	the	the	DET
cjal-3181	132	13	8th	8th	ADJ
cjal-3181	132	14	national	national	ADJ
cjal-3181	132	15	people	people	NOUN
cjal-3181	132	16	's	's	PART
cjal-3181	132	17	congress	congress	PROPN
cjal-3181	132	18	,	,	PUNCT
cjal-3181	132	19	promulgated	promulgate	VERB
cjal-3181	132	20	on	on	ADP
cjal-3181	132	21	dec	dec	PROPN
cjal-3181	132	22	.	.	PROPN
cjal-3181	132	23	29	29	NUM
cjal-3181	132	24	,	,	PUNCT
cjal-3181	132	25	1993	1993	NUM
cjal-3181	132	26	and	and	CCONJ
cjal-3181	132	27	effective	effective	ADJ
cjal-3181	132	28	as	as	ADP
cjal-3181	132	29	of	of	ADP
cjal-3181	132	30	jul	jul	PROPN
cjal-3181	132	31	.	.	PROPN
cjal-3181	132	32	1	1	NUM
cjal-3181	132	33	,	,	PUNCT
cjal-3181	132	34	1994	1994	NUM
cjal-3181	132	35	)	)	PUNCT
cjal-3181	132	36	.	.	PUNCT
cjal-3181	133	1	as	as	SCONJ
cjal-3181	133	2	translated	translate	VERB
cjal-3181	133	3	in	in	ADP
cjal-3181	133	4	china	china	PROPN
cjal-3181	133	5	's	's	PART
cjal-3181	133	6	new	new	ADJ
cjal-3181	133	7	companies	company	NOUN
cjal-3181	133	8	(	(	PUNCT
cjal-3181	133	9	asia	asia	PROPN
cjal-3181	133	10	law	law	PROPN
cjal-3181	133	11	&	&	CCONJ
cjal-3181	133	12	practice	practice	PROPN
cjal-3181	133	13	ltd	ltd	PROPN
cjal-3181	133	14	.	.	PROPN
cjal-3181	133	15	,	,	PUNCT
cjal-3181	133	16	1994	1994	NUM
cjal-3181	133	17	.	.	PUNCT
cjal-3181	133	18	)	)	PUNCT
cjal-3181	134	1	35	35	NUM
cjal-3181	134	2	.	.	PUNCT
cjal-3181	135	1	i	i	PRON
cjal-3181	135	2	d.	d.	PROPN
cjal-3181	135	3	36	36	NUM
cjal-3181	135	4	.	.	PUNCT
cjal-3181	136	1	i	i	PRON
cjal-3181	136	2	d.	d.	PROPN
cjal-3181	136	3	37	37	NUM
cjal-3181	136	4	.	.	PUNCT
cjal-3181	137	1	jack	jack	PROPN
cjal-3181	137	2	s.	s.	PROPN
cjal-3181	137	3	levin	levin	PROPN
cjal-3181	137	4	,	,	PUNCT
cjal-3181	137	5	structuring	structure	VERB
cjal-3181	137	6	venture	venture	NOUN
cjal-3181	137	7	capital	capital	NOUN
cjal-3181	137	8	,	,	PUNCT
cjal-3181	137	9	private	private	ADJ
cjal-3181	137	10	equriy	equriy	NOUN
cjal-3181	137	11	,	,	PUNCT
cjal-3181	137	12	and	and	CCONJ
cjal-3181	137	13	entrepreneurialtranscion	entrepreneurialtranscion	NOUN
cjal-3181	137	14	78	78	NUM
cjal-3181	137	15	(	(	PUNCT
cjal-3181	137	16	1996	1996	NUM
cjal-3181	137	17	)	)	PUNCT
cjal-3181	137	18	.	.	PUNCT
cjal-3181	138	1	38	38	NUM
cjal-3181	138	2	.	.	PUNCT
cjal-3181	138	3	interim	interim	ADJ
cjal-3181	138	4	securities	security	NOUN
cjal-3181	138	5	regulations	regulation	NOUN
cjal-3181	138	6	,	,	PUNCT
cjal-3181	138	7	supra	supra	PROPN
cjal-3181	138	8	note	note	NOUN
cjal-3181	138	9	1	1	NUM
cjal-3181	138	10	,	,	PUNCT
cjal-3181	138	11	art	art	NOUN
cjal-3181	138	12	.	.	PUNCT
cjal-3181	139	1	46	46	NUM
cjal-3181	139	2	(	(	PUNCT
cjal-3181	139	3	"	"	PUNCT
cjal-3181	139	4	no	no	DET
cjal-3181	139	5	individual	individual	NOUN
cjal-3181	139	6	may	may	AUX
cjal-3181	139	7	hold	hold	VERB
cjal-3181	139	8	0.5	0.5	NUM
cjal-3181	139	9	%	%	NOUN
cjal-3181	139	10	or	or	CCONJ
cjal-3181	139	11	more	more	ADJ
cjal-3181	139	12	of	of	ADP
cjal-3181	139	13	the	the	DET
cjal-3181	139	14	outstanding	outstanding	ADJ
cjal-3181	139	15	common	common	ADJ
cjal-3181	139	16	shares	share	NOUN
cjal-3181	139	17	of	of	ADP
cjal-3181	139	18	a	a	DET
cjal-3181	139	19	listed	list	VERB
cjal-3181	139	20	company	company	NOUN
cjal-3181	139	21	"	"	PUNCT
cjal-3181	139	22	)	)	PUNCT
cjal-3181	139	23	.	.	PUNCT
cjal-3181	140	1	see	see	VERB
cjal-3181	140	2	also	also	ADV
cjal-3181	140	3	i	i	PROPN
cjal-3181	140	4	d.	d.	PROPN
cjal-3181	140	5	,	,	PUNCT
cjal-3181	140	6	art	art	NOUN
cjal-3181	140	7	.	.	PUNCT
cjal-3181	141	1	81	81	NUM
cjal-3181	141	2	.	.	NOUN
cjal-3181	142	1	39	39	NUM
cjal-3181	142	2	.	.	PUNCT
cjal-3181	143	1	i	i	PRON
cjal-3181	143	2	d.	d.	PROPN
cjal-3181	143	3	,	,	PUNCT
cjal-3181	143	4	art	art	NOUN
cjal-3181	143	5	.	.	PUNCT
cjal-3181	144	1	46	46	NUM
cjal-3181	144	2	(	(	PUNCT
cjal-3181	144	3	under	under	ADP
cjal-3181	144	4	article	article	NOUN
cjal-3181	144	5	46	46	NUM
cjal-3181	144	6	,	,	PUNCT
cjal-3181	144	7	it	it	PRON
cjal-3181	144	8	does	do	AUX
cjal-3181	144	9	not	not	PART
cjal-3181	144	10	appear	appear	VERB
cjal-3181	144	11	that	that	SCONJ
cjal-3181	144	12	the	the	DET
cjal-3181	144	13	company	company	NOUN
cjal-3181	144	14	has	have	VERB
cjal-3181	144	15	a	a	DET
cjal-3181	144	16	choice	choice	NOUN
cjal-3181	144	17	,	,	PUNCT
cjal-3181	144	18	since	since	SCONJ
cjal-3181	144	19	"	"	PUNCT
cjal-3181	144	20	any	any	DET
cjal-3181	144	21	excess	excess	ADJ
cjal-3181	144	22	amount	amount	NOUN
cjal-3181	144	23	shall	shall	AUX
cjal-3181	144	24	be	be	AUX
cjal-3181	144	25	acquired	acquire	VERB
cjal-3181	144	26	by	by	ADP
cjal-3181	144	27	the	the	DET
cjal-3181	144	28	company	company	NOUN
cjal-3181	144	29	.	.	PUNCT
cjal-3181	145	1	"	"	PUNCT
cjal-3181	145	2	)	)	PUNCT
cjal-3181	145	3	.	.	PUNCT
cjal-3181	146	1	40	40	NUM
cjal-3181	146	2	.	.	PUNCT
cjal-3181	147	1	i	i	PRON
cjal-3181	147	2	d	d	PROPN
cjal-3181	147	3	,	,	PUNCT
cjal-3181	147	4	part4	part4	PROPN
cjal-3181	147	5	.	.	PUNCT
cjal-3181	148	1	columbia	columbia	PROPN
cjal-3181	148	2	journal	journal	PROPN
cjal-3181	148	3	ofasianlaw	ofasianlaw	PROPN
cjal-3181	148	4	securities	securities	PROPN
cjal-3181	148	5	exchange	exchange	PROPN
cjal-3181	148	6	and	and	CCONJ
cjal-3181	148	7	the	the	DET
cjal-3181	148	8	csrc	csrc	NOUN
cjal-3181	148	9	.	.	PUNCT
cjal-3181	149	1	4	4	NUM
cjal-3181	149	2	'	'	PUNCT
cjal-3181	149	3	furthermore	furthermore	ADV
cjal-3181	149	4	,	,	PUNCT
cjal-3181	149	5	once	once	ADV
cjal-3181	149	6	that	that	SCONJ
cjal-3181	149	7	certain	certain	ADJ
cjal-3181	149	8	shareholder	shareholder	NOUN
cjal-3181	149	9	becomes	become	VERB
cjal-3181	149	10	subject	subject	ADJ
cjal-3181	149	11	to	to	ADP
cjal-3181	149	12	the	the	DET
cjal-3181	149	13	reporting	reporting	NOUN
cjal-3181	149	14	requirements	requirement	NOUN
cjal-3181	149	15	,	,	PUNCT
cjal-3181	149	16	it	it	PRON
cjal-3181	149	17	must	must	AUX
cjal-3181	149	18	disclose	disclose	VERB
cjal-3181	149	19	further	further	ADJ
cjal-3181	149	20	purchases	purchase	NOUN
cjal-3181	149	21	or	or	CCONJ
cjal-3181	149	22	sales	sale	NOUN
cjal-3181	149	23	representing	represent	VERB
cjal-3181	149	24	two	two	NUM
cjal-3181	149	25	percent	percent	NOUN
cjal-3181	149	26	of	of	ADP
cjal-3181	149	27	the	the	DET
cjal-3181	149	28	outstanding	outstanding	ADJ
cjal-3181	149	29	shares	share	NOUN
cjal-3181	149	30	within	within	ADP
cjal-3181	149	31	three	three	NUM
cjal-3181	149	32	working	work	VERB
cjal-3181	149	33	days	day	NOUN
cjal-3181	149	34	of	of	ADP
cjal-3181	149	35	such	such	DET
cjal-3181	149	36	a	a	DET
cjal-3181	149	37	transaction.42	transaction.42	NOUN
cjal-3181	149	38	the	the	DET
cjal-3181	149	39	target	target	NOUN
cjal-3181	149	40	company	company	NOUN
cjal-3181	149	41	whose	whose	DET
cjal-3181	149	42	shares	share	NOUN
cjal-3181	149	43	have	have	AUX
cjal-3181	149	44	been	be	AUX
cjal-3181	149	45	purchased	purchase	VERB
cjal-3181	149	46	is	be	AUX
cjal-3181	149	47	also	also	ADV
cjal-3181	149	48	subject	subject	ADJ
cjal-3181	149	49	to	to	ADP
cjal-3181	149	50	the	the	DET
cjal-3181	149	51	reporting	reporting	NOUN
cjal-3181	149	52	requirements	requirement	NOUN
cjal-3181	149	53	of	of	ADP
cjal-3181	149	54	the	the	DET
cjal-3181	149	55	interim	interim	ADJ
cjal-3181	149	56	securities	security	NOUN
cjal-3181	149	57	regulations	regulation	NOUN
cjal-3181	149	58	.	.	PUNCT
cjal-3181	150	1	it	it	PRON
cjal-3181	150	2	is	be	AUX
cjal-3181	150	3	required	require	VERB
cjal-3181	150	4	to	to	PART
cjal-3181	150	5	give	give	VERB
cjal-3181	150	6	notice	notice	NOUN
cjal-3181	150	7	to	to	ADP
cjal-3181	150	8	both	both	DET
cjal-3181	150	9	the	the	DET
cjal-3181	150	10	csrc	csrc	NOUN
cjal-3181	150	11	and	and	CCONJ
cjal-3181	150	12	the	the	DET
cjal-3181	150	13	securities	security	NOUN
cjal-3181	150	14	exchange	exchange	NOUN
cjal-3181	150	15	as	as	ADV
cjal-3181	150	16	well	well	ADV
cjal-3181	150	17	as	as	ADP
cjal-3181	150	18	publish	publish	VERB
cjal-3181	150	19	such	such	ADJ
cjal-3181	150	20	notification	notification	NOUN
cjal-3181	150	21	in	in	ADP
cjal-3181	150	22	a	a	DET
cjal-3181	150	23	national	national	ADJ
cjal-3181	150	24	newspaper	newspaper	NOUN
cjal-3181	150	25	when	when	SCONJ
cjal-3181	150	26	a	a	DET
cjal-3181	150	27	fivepercent	fivepercent	ADJ
cjal-3181	150	28	shareholder	shareholder	NOUN
cjal-3181	150	29	acquires	acquire	VERB
cjal-3181	150	30	or	or	CCONJ
cjal-3181	150	31	disposes	dispose	VERB
cjal-3181	150	32	of	of	ADP
cjal-3181	150	33	two	two	NUM
cjal-3181	150	34	percent	percent	NOUN
cjal-3181	150	35	of	of	ADP
cjal-3181	150	36	its	its	PRON
cjal-3181	150	37	outstanding	outstanding	ADJ
cjal-3181	150	38	target	target	NOUN
cjal-3181	150	39	shares.43	shares.43	NOUN
cjal-3181	150	40	according	accord	VERB
cjal-3181	150	41	to	to	ADP
cjal-3181	150	42	article	article	NOUN
cjal-3181	150	43	60	60	NUM
cjal-3181	150	44	of	of	ADP
cjal-3181	150	45	the	the	DET
cjal-3181	150	46	interim	interim	ADJ
cjal-3181	150	47	securities	security	NOUN
cjal-3181	150	48	regulations	regulation	NOUN
cjal-3181	150	49	,	,	PUNCT
cjal-3181	150	50	the	the	DET
cjal-3181	150	51	company	company	NOUN
cjal-3181	150	52	must	must	AUX
cjal-3181	150	53	disclose	disclose	VERB
cjal-3181	150	54	information	information	NOUN
cjal-3181	150	55	when	when	SCONJ
cjal-3181	150	56	a	a	DET
cjal-3181	150	57	major	major	ADJ
cjal-3181	150	58	event	event	NOUN
cjal-3181	150	59	occurs	occur	VERB
cjal-3181	150	60	that	that	PRON
cjal-3181	150	61	will	will	AUX
cjal-3181	150	62	have	have	VERB
cjal-3181	150	63	an	an	DET
cjal-3181	150	64	impact	impact	NOUN
cjal-3181	150	65	on	on	ADP
cjal-3181	150	66	the	the	DET
cjal-3181	150	67	market	market	NOUN
cjal-3181	150	68	value	value	NOUN
cjal-3181	150	69	of	of	ADP
cjal-3181	150	70	the	the	DET
cjal-3181	150	71	company	company	NOUN
cjal-3181	150	72	and	and	CCONJ
cjal-3181	150	73	of	of	ADP
cjal-3181	150	74	which	which	PRON
cjal-3181	150	75	its	its	PRON
cjal-3181	150	76	shareholders	shareholder	NOUN
cjal-3181	150	77	may	may	AUX
cjal-3181	150	78	be	be	AUX
cjal-3181	150	79	unaware	unaware	ADJ
cjal-3181	150	80	.	.	PUNCT
cjal-3181	151	1	an	an	DET
cjal-3181	151	2	acquisition	acquisition	NOUN
cjal-3181	151	3	or	or	CCONJ
cjal-3181	151	4	disposition	disposition	NOUN
cjal-3181	151	5	by	by	ADP
cjal-3181	151	6	a	a	DET
cjal-3181	151	7	five	five	NUM
cjal-3181	151	8	-	-	PUNCT
cjal-3181	151	9	percent	percent	NOUN
cjal-3181	151	10	shareholder	shareholder	NOUN
cjal-3181	151	11	of	of	ADP
cjal-3181	151	12	two	two	NUM
cjal-3181	151	13	percent	percent	NOUN
cjal-3181	151	14	of	of	ADP
cjal-3181	151	15	the	the	DET
cjal-3181	151	16	company	company	NOUN
cjal-3181	151	17	's	's	PART
cjal-3181	151	18	outstanding	outstanding	ADJ
cjal-3181	151	19	shares	share	NOUN
cjal-3181	151	20	is	be	AUX
cjal-3181	151	21	just	just	ADV
cjal-3181	151	22	such	such	DET
cjal-3181	151	23	an	an	DET
cjal-3181	151	24	event	event	NOUN
cjal-3181	151	25	that	that	PRON
cjal-3181	151	26	must	must	AUX
cjal-3181	151	27	be	be	AUX
cjal-3181	151	28	reported.44	reported.44	NOUN
cjal-3181	151	29	furthermore	furthermore	ADV
cjal-3181	151	30	,	,	PUNCT
cjal-3181	151	31	the	the	DET
cjal-3181	151	32	csrc	csrc	NOUN
cjal-3181	151	33	must	must	AUX
cjal-3181	151	34	disclose	disclose	VERB
cjal-3181	151	35	to	to	ADP
cjal-3181	151	36	the	the	DET
cjal-3181	151	37	public	public	NOUN
cjal-3181	151	38	the	the	DET
cjal-3181	151	39	information	information	NOUN
cjal-3181	151	40	submitted	submit	VERB
cjal-3181	151	41	by	by	ADP
cjal-3181	151	42	the	the	DET
cjal-3181	151	43	company	company	NOUN
cjal-3181	151	44	and	and	CCONJ
cjal-3181	151	45	the	the	DET
cjal-3181	151	46	five	five	NUM
cjal-3181	151	47	-	-	PUNCT
cjal-3181	151	48	percent	percent	NOUN
cjal-3181	151	49	shareholder.45	shareholder.45	NOUN
cjal-3181	151	50	the	the	DET
cjal-3181	151	51	csrc	csrc	NOUN
cjal-3181	151	52	must	must	AUX
cjal-3181	151	53	make	make	VERB
cjal-3181	151	54	the	the	DET
cjal-3181	151	55	information	information	NOUN
cjal-3181	151	56	available	available	ADJ
cjal-3181	151	57	for	for	ADP
cjal-3181	151	58	inspection	inspection	NOUN
cjal-3181	151	59	by	by	ADP
cjal-3181	151	60	investors.46	investors.46	PROPN
cjal-3181	151	61	finally	finally	ADV
cjal-3181	151	62	and	and	CCONJ
cjal-3181	151	63	most	most	ADV
cjal-3181	151	64	importantly	importantly	ADV
cjal-3181	151	65	,	,	PUNCT
cjal-3181	151	66	prior	prior	ADV
cjal-3181	151	67	to	to	ADP
cjal-3181	151	68	the	the	DET
cjal-3181	151	69	date	date	NOUN
cjal-3181	151	70	on	on	ADP
cjal-3181	151	71	which	which	PRON
cjal-3181	151	72	the	the	DET
cjal-3181	151	73	company	company	NOUN
cjal-3181	151	74	has	have	AUX
cjal-3181	151	75	filed	file	VERB
cjal-3181	151	76	its	its	PRON
cjal-3181	151	77	notice	notice	NOUN
cjal-3181	151	78	and	and	CCONJ
cjal-3181	151	79	publicly	publicly	ADV
cjal-3181	151	80	disclosed	disclose	VERB
cjal-3181	151	81	its	its	PRON
cjal-3181	151	82	position	position	NOUN
cjal-3181	151	83	,	,	PUNCT
cjal-3181	151	84	and	and	CCONJ
cjal-3181	151	85	for	for	ADP
cjal-3181	151	86	two	two	NUM
cjal-3181	151	87	working	work	VERB
cjal-3181	151	88	days	day	NOUN
cjal-3181	151	89	thereafter	thereafter	ADV
cjal-3181	151	90	,	,	PUNCT
cjal-3181	151	91	the	the	DET
cjal-3181	151	92	company	company	NOUN
cjal-3181	151	93	may	may	AUX
cjal-3181	151	94	not	not	PART
cjal-3181	151	95	buy	buy	VERB
cjal-3181	151	96	or	or	CCONJ
cjal-3181	151	97	sell	sell	VERB
cjal-3181	151	98	shares	share	NOUN
cjal-3181	151	99	either	either	CCONJ
cjal-3181	151	100	directly	directly	ADV
cjal-3181	151	101	or	or	CCONJ
cjal-3181	151	102	indirectly.47	indirectly.47	NOUN
cjal-3181	151	103	the	the	DET
cjal-3181	151	104	buyer	buyer	NOUN
cjal-3181	151	105	is	be	AUX
cjal-3181	151	106	prevented	prevent	VERB
cjal-3181	151	107	from	from	ADP
cjal-3181	151	108	changing	change	VERB
cjal-3181	151	109	its	its	PRON
cjal-3181	151	110	ownership	ownership	NOUN
cjal-3181	151	111	position	position	NOUN
cjal-3181	151	112	until	until	SCONJ
cjal-3181	151	113	the	the	DET
cjal-3181	151	114	market	market	NOUN
cjal-3181	151	115	is	be	AUX
cjal-3181	151	116	aware	aware	ADJ
cjal-3181	151	117	of	of	ADP
cjal-3181	151	118	its	its	PRON
cjal-3181	151	119	ownership	ownership	NOUN
cjal-3181	151	120	position	position	NOUN
cjal-3181	151	121	.	.	PUNCT
cjal-3181	152	1	suppose	suppose	VERB
cjal-3181	152	2	a	a	DET
cjal-3181	152	3	shareholder	shareholder	NOUN
cjal-3181	152	4	was	be	AUX
cjal-3181	152	5	attempting	attempt	VERB
cjal-3181	152	6	to	to	PART
cjal-3181	152	7	acquire	acquire	VERB
cjal-3181	152	8	a	a	DET
cjal-3181	152	9	significant	significant	ADJ
cjal-3181	152	10	amount	amount	NOUN
cjal-3181	152	11	of	of	ADP
cjal-3181	152	12	shares	share	NOUN
cjal-3181	152	13	of	of	ADP
cjal-3181	152	14	a	a	DET
cjal-3181	152	15	publicly	publicly	ADV
cjal-3181	152	16	-	-	PUNCT
cjal-3181	152	17	traded	trade	VERB
cjal-3181	152	18	company	company	NOUN
cjal-3181	152	19	.	.	PUNCT
cjal-3181	153	1	according	accord	VERB
cjal-3181	153	2	to	to	ADP
cjal-3181	153	3	article	article	NOUN
cjal-3181	153	4	47	47	NUM
cjal-3181	153	5	41	41	NUM
cjal-3181	153	6	.	.	PUNCT
cjal-3181	154	1	rmb	rmb	NOUN
cjal-3181	154	2	i	i	PRON
cjal-3181	154	3	million	million	NUM
cjal-3181	154	4	fine	fine	NOUN
cjal-3181	154	5	imposed	impose	VERB
cjal-3181	154	6	for	for	ADP
cjal-3181	154	7	failure	failure	NOUN
cjal-3181	154	8	to	to	PART
cjal-3181	154	9	report	report	VERB
cjal-3181	154	10	share	share	NOUN
cjal-3181	154	11	holdings	holding	NOUN
cjal-3181	154	12	,	,	PUNCT
cjal-3181	154	13	supra	supra	PROPN
cjal-3181	154	14	note	note	NOUN
cjal-3181	154	15	6	6	NUM
cjal-3181	154	16	(	(	PUNCT
cjal-3181	154	17	citing	cite	VERB
cjal-3181	154	18	article	article	NOUN
cjal-3181	154	19	20	20	NUM
cjal-3181	154	20	of	of	ADP
cjal-3181	154	21	the	the	DET
cjal-3181	154	22	disclosure	disclosure	NOUN
cjal-3181	154	23	of	of	ADP
cjal-3181	154	24	information	information	NOUN
cjal-3181	154	25	by	by	ADP
cjal-3181	154	26	companies	company	NOUN
cjal-3181	154	27	issuing	issue	VERB
cjal-3181	154	28	shares	share	NOUN
cjal-3181	154	29	to	to	ADP
cjal-3181	154	30	the	the	DET
cjal-3181	154	31	public	public	NOUN
cjal-3181	154	32	implementing	implement	VERB
cjal-3181	154	33	rules	rule	NOUN
cjal-3181	154	34	(	(	PUNCT
cjal-3181	154	35	promulgated	promulgate	VERB
cjal-3181	154	36	by	by	ADP
cjal-3181	154	37	china	china	PROPN
cjal-3181	154	38	securities	securities	PROPN
cjal-3181	154	39	supervision	supervision	PROPN
cjal-3181	154	40	and	and	CCONJ
cjal-3181	154	41	control	control	PROPN
cjal-3181	154	42	commission	commission	PROPN
cjal-3181	154	43	in	in	ADP
cjal-3181	154	44	1993	1993	NUM
cjal-3181	154	45	)	)	PUNCT
cjal-3181	154	46	)	)	PUNCT
cjal-3181	154	47	.	.	PUNCT
cjal-3181	155	1	42	42	NUM
cjal-3181	155	2	.	.	PUNCT
cjal-3181	156	1	interim	interim	ADJ
cjal-3181	156	2	securities	security	NOUN
cjal-3181	156	3	regulations	regulation	NOUN
cjal-3181	156	4	,	,	PUNCT
cjal-3181	156	5	supra	supra	PROPN
cjal-3181	156	6	note	note	NOUN
cjal-3181	156	7	1	1	NUM
cjal-3181	156	8	,	,	PUNCT
cjal-3181	156	9	art	art	NOUN
cjal-3181	156	10	.	.	PUNCT
cjal-3181	157	1	47	47	NUM
cjal-3181	157	2	,	,	PUNCT
cjal-3181	157	3	para	para	NOUN
cjal-3181	157	4	.	.	PUNCT
cjal-3181	158	1	2	2	NUM
cjal-3181	158	2	.	.	NUM
cjal-3181	158	3	43	43	NUM
cjal-3181	158	4	.	.	PUNCT
cjal-3181	159	1	i	i	PRON
cjal-3181	159	2	d.	d.	PROPN
cjal-3181	159	3	,	,	PUNCT
cjal-3181	159	4	art	art	NOUN
cjal-3181	159	5	.	.	PUNCT
cjal-3181	160	1	60	60	NUM
cjal-3181	160	2	.	.	PUNCT
cjal-3181	160	3	see	see	VERB
cjal-3181	160	4	also	also	ADV
cjal-3181	160	5	i	i	PROPN
cjal-3181	160	6	d.	d.	PROPN
cjal-3181	160	7	,	,	PUNCT
cjal-3181	160	8	art	art	NOUN
cjal-3181	160	9	.	.	PUNCT
cjal-3181	161	1	63	63	NUM
cjal-3181	161	2	(	(	PUNCT
cjal-3181	161	3	article	article	NOUN
cjal-3181	161	4	63	63	NUM
cjal-3181	161	5	states	state	NOUN
cjal-3181	161	6	that	that	SCONJ
cjal-3181	161	7	when	when	SCONJ
cjal-3181	161	8	listed	list	VERB
cjal-3181	161	9	companies	company	NOUN
cjal-3181	161	10	are	be	AUX
cjal-3181	161	11	required	require	VERB
cjal-3181	161	12	to	to	PART
cjal-3181	161	13	publish	publish	VERB
cjal-3181	161	14	information	information	NOUN
cjal-3181	161	15	to	to	ADP
cjal-3181	161	16	the	the	DET
cjal-3181	161	17	public	public	NOUN
cjal-3181	161	18	,	,	PUNCT
cjal-3181	161	19	the	the	DET
cjal-3181	161	20	information	information	NOUN
cjal-3181	161	21	must	must	AUX
cjal-3181	161	22	be	be	AUX
cjal-3181	161	23	placed	place	VERB
cjal-3181	161	24	in	in	ADP
cjal-3181	161	25	national	national	ADJ
cjal-3181	161	26	newspapers	newspaper	NOUN
cjal-3181	161	27	and	and	CCONJ
cjal-3181	161	28	periodicals	periodical	NOUN
cjal-3181	161	29	designated	designate	VERB
cjal-3181	161	30	by	by	ADP
cjal-3181	161	31	the	the	DET
cjal-3181	161	32	securities	securities	PROPN
cjal-3181	161	33	supervision	supervision	PROPN
cjal-3181	161	34	commission	commission	PROPN
cjal-3181	161	35	.	.	PUNCT
cjal-3181	161	36	)	)	PUNCT
cjal-3181	161	37	.	.	PUNCT
cjal-3181	162	1	44	44	NUM
cjal-3181	162	2	.	.	PUNCT
cjal-3181	163	1	i	i	PRON
cjal-3181	163	2	d.	d.	PROPN
cjal-3181	163	3	,	,	PUNCT
cjal-3181	163	4	art	art	NOUN
cjal-3181	163	5	.	.	PUNCT
cjal-3181	164	1	60	60	NUM
cjal-3181	164	2	(	(	PUNCT
cjal-3181	164	3	article	article	NOUN
cjal-3181	164	4	60	60	NUM
cjal-3181	164	5	states	state	VERB
cjal-3181	164	6	that	that	SCONJ
cjal-3181	164	7	"	"	PUNCT
cjal-3181	164	8	when	when	SCONJ
cjal-3181	164	9	a	a	DET
cjal-3181	164	10	major	major	ADJ
cjal-3181	164	11	event	event	NOUN
cjal-3181	164	12	occurs	occur	VERB
cjal-3181	164	13	which	which	PRON
cjal-3181	164	14	may	may	AUX
cjal-3181	164	15	have	have	VERB
cjal-3181	164	16	a	a	DET
cjal-3181	164	17	comparatively	comparatively	ADV
cjal-3181	164	18	large	large	ADJ
cjal-3181	164	19	impact	impact	NOUN
cjal-3181	164	20	on	on	ADP
cjal-3181	164	21	the	the	DET
cjal-3181	164	22	market	market	NOUN
cjal-3181	164	23	value	value	NOUN
cjal-3181	164	24	of	of	ADP
cjal-3181	164	25	a	a	DET
cjal-3181	164	26	listed	list	VERB
cjal-3181	164	27	company	company	NOUN
cjal-3181	164	28	's	's	PART
cjal-3181	164	29	shares	share	NOUN
cjal-3181	164	30	and	and	CCONJ
cjal-3181	164	31	which	which	PRON
cjal-3181	164	32	investors	investor	NOUN
cjal-3181	164	33	are	be	AUX
cjal-3181	164	34	not	not	PART
cjal-3181	164	35	aware	aware	ADJ
cjal-3181	164	36	of	of	ADP
cjal-3181	164	37	,	,	PUNCT
cjal-3181	164	38	the	the	DET
cjal-3181	164	39	listed	list	VERB
cjal-3181	164	40	company	company	NOUN
cjal-3181	164	41	shall	shall	AUX
cjal-3181	164	42	promptly	promptly	ADV
cjal-3181	164	43	submit	submit	VERB
cjal-3181	164	44	a	a	DET
cjal-3181	164	45	report	report	NOUN
cjal-3181	164	46	concerning	concern	VERB
cjal-3181	164	47	such	such	ADJ
cjal-3181	164	48	important	important	ADJ
cjal-3181	164	49	event	event	NOUN
cjal-3181	164	50	to	to	ADP
cjal-3181	164	51	the	the	DET
cjal-3181	164	52	securities	security	NOUN
cjal-3181	164	53	trading	trading	NOUN
cjal-3181	164	54	place	place	NOUN
cjal-3181	164	55	and	and	CCONJ
cjal-3181	164	56	the	the	DET
cjal-3181	164	57	securities	securities	PROPN
cjal-3181	164	58	supervision	supervision	PROPN
cjal-3181	164	59	commission	commission	PROPN
cjal-3181	164	60	,	,	PUNCT
cjal-3181	164	61	and	and	CCONJ
cjal-3181	164	62	publish	publish	VERB
cjal-3181	164	63	the	the	DET
cjal-3181	164	64	event	event	NOUN
cjal-3181	164	65	for	for	ADP
cjal-3181	164	66	the	the	DET
cjal-3181	164	67	public	public	NOUN
cjal-3181	164	68	.	.	PUNCT
cjal-3181	164	69	"	"	PUNCT
cjal-3181	165	1	article	article	NOUN
cjal-3181	165	2	60	60	NUM
cjal-3181	165	3	goes	go	VERB
cjal-3181	165	4	on	on	ADP
cjal-3181	165	5	to	to	PART
cjal-3181	165	6	list	list	VERB
cjal-3181	165	7	14	14	NUM
cjal-3181	165	8	major	major	ADJ
cjal-3181	165	9	events	event	NOUN
cjal-3181	165	10	one	one	NUM
cjal-3181	165	11	of	of	ADP
cjal-3181	165	12	which	which	PRON
cjal-3181	165	13	is	be	AUX
cjal-3181	165	14	a	a	DET
cjal-3181	165	15	two	two	NUM
cjal-3181	165	16	-	-	PUNCT
cjal-3181	165	17	percent	percent	NOUN
cjal-3181	165	18	purchase	purchase	NOUN
cjal-3181	165	19	or	or	CCONJ
cjal-3181	165	20	sale	sale	NOUN
cjal-3181	165	21	by	by	ADP
cjal-3181	165	22	a	a	DET
cjal-3181	165	23	five	five	NUM
cjal-3181	165	24	-	-	PUNCT
cjal-3181	165	25	percent	percent	NOUN
cjal-3181	165	26	shareholder	shareholder	NOUN
cjal-3181	165	27	.	.	PUNCT
cjal-3181	165	28	)	)	PUNCT
cjal-3181	165	29	.	.	PUNCT
cjal-3181	166	1	45	45	NUM
cjal-3181	166	2	.	.	PUNCT
cjal-3181	167	1	i	i	PRON
cjal-3181	167	2	d.	d.	PROPN
cjal-3181	167	3	,	,	PUNCT
cjal-3181	167	4	art	art	NOUN
cjal-3181	167	5	.	.	PUNCT
cjal-3181	168	1	64	64	NUM
cjal-3181	168	2	.	.	X
cjal-3181	169	1	46	46	NUM
cjal-3181	169	2	.	.	PUNCT
cjal-3181	170	1	i	i	PRON
cjal-3181	170	2	d.	d.	PROPN
cjal-3181	170	3	47	47	NUM
cjal-3181	170	4	.	.	PUNCT
cjal-3181	171	1	i	i	PRON
cjal-3181	171	2	d.	d.	PROPN
cjal-3181	171	3	,	,	PUNCT
cjal-3181	171	4	art	art	NOUN
cjal-3181	171	5	.	.	PUNCT
cjal-3181	172	1	47	47	NUM
cjal-3181	172	2	,	,	PUNCT
cjal-3181	172	3	para	para	NOUN
cjal-3181	172	4	.	.	PUNCT
cjal-3181	173	1	3	3	NUM
cjal-3181	173	2	.	.	NUM
cjal-3181	173	3	1998	1998	NUM
cjal-3181	173	4	]	]	PUNCT
cjal-3181	173	5	comparison	comparison	NOUN
cjal-3181	173	6	of	of	ADP
cjal-3181	173	7	takeover	takeover	NOUN
cjal-3181	173	8	regulations	regulation	NOUN
cjal-3181	173	9	of	of	ADP
cjal-3181	173	10	us	us	PROPN
cjal-3181	173	11	&	&	CCONJ
cjal-3181	173	12	china	china	PROPN
cjal-3181	173	13	107	107	NUM
cjal-3181	173	14	of	of	ADP
cjal-3181	173	15	the	the	DET
cjal-3181	173	16	interim	interim	ADJ
cjal-3181	173	17	securities	security	NOUN
cjal-3181	173	18	regulations	regulation	NOUN
cjal-3181	173	19	,	,	PUNCT
cjal-3181	173	20	if	if	SCONJ
cjal-3181	173	21	such	such	DET
cjal-3181	173	22	a	a	DET
cjal-3181	173	23	shareholder	shareholder	NOUN
cjal-3181	173	24	were	be	AUX
cjal-3181	173	25	to	to	PART
cjal-3181	173	26	become	become	VERB
cjal-3181	173	27	a	a	DET
cjal-3181	173	28	five	five	NUM
cjal-3181	173	29	-	-	PUNCT
cjal-3181	173	30	percent	percent	NOUN
cjal-3181	173	31	shareholder	shareholder	NOUN
cjal-3181	173	32	on	on	ADP
cjal-3181	173	33	monday	monday	PROPN
cjal-3181	173	34	,	,	PUNCT
cjal-3181	173	35	it	it	PRON
cjal-3181	173	36	would	would	AUX
cjal-3181	173	37	have	have	VERB
cjal-3181	173	38	to	to	PART
cjal-3181	173	39	make	make	VERB
cjal-3181	173	40	an	an	DET
cjal-3181	173	41	announcement	announcement	NOUN
cjal-3181	173	42	of	of	ADP
cjal-3181	173	43	its	its	PRON
cjal-3181	173	44	position	position	NOUN
cjal-3181	173	45	by	by	ADP
cjal-3181	173	46	thursday	thursday	PROPN
cjal-3181	173	47	,	,	PUNCT
cjal-3181	173	48	three	three	NUM
cjal-3181	173	49	working	working	ADJ
cjal-3181	173	50	days	day	NOUN
cjal-3181	173	51	after	after	ADP
cjal-3181	173	52	the	the	DET
cjal-3181	173	53	triggering	trigger	VERB
cjal-3181	173	54	event	event	NOUN
cjal-3181	173	55	.	.	PUNCT
cjal-3181	174	1	in	in	ADP
cjal-3181	174	2	addition	addition	NOUN
cjal-3181	174	3	,	,	PUNCT
cjal-3181	174	4	it	it	PRON
cjal-3181	174	5	is	be	AUX
cjal-3181	174	6	blocked	block	VERB
cjal-3181	174	7	from	from	ADP
cjal-3181	174	8	acquiring	acquire	VERB
cjal-3181	174	9	additional	additional	ADJ
cjal-3181	174	10	shares	share	NOUN
cjal-3181	174	11	before	before	ADP
cjal-3181	174	12	the	the	DET
cjal-3181	174	13	announcement	announcement	NOUN
cjal-3181	174	14	and	and	CCONJ
cjal-3181	174	15	two	two	NUM
cjal-3181	174	16	days	day	NOUN
cjal-3181	174	17	thereafter	thereafter	ADV
cjal-3181	174	18	.	.	PUNCT
cjal-3181	174	19	"	"	PUNCT
cjal-3181	175	1	now	now	ADV
cjal-3181	175	2	suppose	suppose	VERB
cjal-3181	175	3	that	that	SCONJ
cjal-3181	175	4	shareholder	shareholder	NOUN
cjal-3181	175	5	wanted	want	VERB
cjal-3181	175	6	to	to	PART
cjal-3181	175	7	resume	resume	VERB
cjal-3181	175	8	buying	buy	VERB
cjal-3181	175	9	shares	share	NOUN
cjal-3181	175	10	as	as	ADV
cjal-3181	175	11	soon	soon	ADV
cjal-3181	175	12	as	as	ADP
cjal-3181	175	13	possible	possible	ADJ
cjal-3181	175	14	after	after	ADP
cjal-3181	175	15	becoming	become	VERB
cjal-3181	175	16	a	a	DET
cjal-3181	175	17	five	five	NUM
cjal-3181	175	18	-	-	PUNCT
cjal-3181	175	19	percent	percent	NOUN
cjal-3181	175	20	shareholder	shareholder	NOUN
cjal-3181	175	21	.	.	PUNCT
cjal-3181	176	1	article	article	NOUN
cjal-3181	176	2	47	47	NUM
cjal-3181	176	3	of	of	ADP
cjal-3181	176	4	the	the	DET
cjal-3181	176	5	interim	interim	ADJ
cjal-3181	176	6	securities	security	NOUN
cjal-3181	176	7	regulations	regulation	NOUN
cjal-3181	176	8	requires	require	VERB
cjal-3181	176	9	only	only	ADV
cjal-3181	176	10	that	that	SCONJ
cjal-3181	176	11	a	a	DET
cjal-3181	176	12	company	company	NOUN
cjal-3181	176	13	make	make	VERB
cjal-3181	176	14	prompt	prompt	ADJ
cjal-3181	176	15	disclosure	disclosure	NOUN
cjal-3181	176	16	of	of	ADP
cjal-3181	176	17	its	its	PRON
cjal-3181	176	18	holdings	holding	NOUN
cjal-3181	176	19	within	within	ADP
cjal-3181	176	20	three	three	NUM
cjal-3181	176	21	days	day	NOUN
cjal-3181	176	22	;	;	PUNCT
cjal-3181	176	23	it	it	PRON
cjal-3181	176	24	does	do	AUX
cjal-3181	176	25	not	not	PART
cjal-3181	176	26	appear	appear	VERB
cjal-3181	176	27	that	that	SCONJ
cjal-3181	176	28	it	it	PRON
cjal-3181	176	29	must	must	AUX
cjal-3181	176	30	wait	wait	VERB
cjal-3181	176	31	the	the	DET
cjal-3181	176	32	full	full	ADJ
cjal-3181	176	33	three	three	NUM
cjal-3181	176	34	days	day	NOUN
cjal-3181	176	35	before	before	ADP
cjal-3181	176	36	making	make	VERB
cjal-3181	176	37	its	its	PRON
cjal-3181	176	38	announcement	announcement	NOUN
cjal-3181	176	39	'	'	PUNCT
cjal-3181	176	40	then	then	ADV
cjal-3181	176	41	,	,	PUNCT
cjal-3181	176	42	under	under	ADP
cjal-3181	176	43	the	the	DET
cjal-3181	176	44	same	same	ADJ
cjal-3181	176	45	scenario	scenario	NOUN
cjal-3181	176	46	,	,	PUNCT
cjal-3181	176	47	if	if	SCONJ
cjal-3181	176	48	a	a	DET
cjal-3181	176	49	company	company	NOUN
cjal-3181	176	50	reached	reach	VERB
cjal-3181	176	51	the	the	DET
cjal-3181	176	52	five	five	NUM
cjal-3181	176	53	-	-	PUNCT
cjal-3181	176	54	percent	percent	NOUN
cjal-3181	176	55	threshold	threshold	NOUN
cjal-3181	176	56	on	on	ADP
cjal-3181	176	57	monday	monday	PROPN
cjal-3181	176	58	and	and	CCONJ
cjal-3181	176	59	promptly	promptly	ADV
cjal-3181	176	60	gave	give	VERB
cjal-3181	176	61	notice	notice	NOUN
cjal-3181	176	62	,	,	PUNCT
cjal-3181	176	63	it	it	PRON
cjal-3181	176	64	could	could	AUX
cjal-3181	176	65	resume	resume	VERB
cjal-3181	176	66	buying	buy	VERB
cjal-3181	176	67	on	on	ADP
cjal-3181	176	68	thursday	thursday	PROPN
cjal-3181	176	69	,	,	PUNCT
cjal-3181	176	70	two	two	NUM
cjal-3181	176	71	days	day	NOUN
cjal-3181	176	72	after	after	ADP
cjal-3181	176	73	its	its	PRON
cjal-3181	176	74	announcement	announcement	NOUN
cjal-3181	176	75	.	.	PUNCT
cjal-3181	177	1	d.	d.	PROPN
cjal-3181	177	2	case	case	NOUN
cjal-3181	177	3	studies	study	NOUN
cjal-3181	177	4	in	in	ADP
cjal-3181	177	5	takeover	takeover	NOUN
cjal-3181	177	6	disclosure	disclosure	NOUN
cjal-3181	177	7	to	to	PART
cjal-3181	177	8	understand	understand	VERB
cjal-3181	177	9	how	how	SCONJ
cjal-3181	177	10	the	the	DET
cjal-3181	177	11	csrc	csrc	NOUN
cjal-3181	177	12	will	will	AUX
cjal-3181	177	13	interpret	interpret	VERB
cjal-3181	177	14	and	and	CCONJ
cjal-3181	177	15	enforce	enforce	VERB
cjal-3181	177	16	the	the	DET
cjal-3181	177	17	takeover	takeover	NOUN
cjal-3181	177	18	disclosure	disclosure	NOUN
cjal-3181	177	19	regulations	regulation	NOUN
cjal-3181	177	20	,	,	PUNCT
cjal-3181	177	21	one	one	PRON
cjal-3181	177	22	can	can	AUX
cjal-3181	177	23	use	use	VERB
cjal-3181	177	24	the	the	DET
cjal-3181	177	25	three	three	NUM
cjal-3181	177	26	takeover	takeover	NOUN
cjal-3181	177	27	attempts	attempt	NOUN
cjal-3181	177	28	as	as	ADP
cjal-3181	177	29	case	case	NOUN
cjal-3181	177	30	studies	study	NOUN
cjal-3181	177	31	,	,	PUNCT
cjal-3181	177	32	starting	start	VERB
cjal-3181	177	33	with	with	ADP
cjal-3181	177	34	bao	bao	PROPN
cjal-3181	177	35	an	an	PRON
cjal-3181	177	36	's	's	PART
cjal-3181	177	37	attempt	attempt	NOUN
cjal-3181	177	38	.	.	PUNCT
cjal-3181	178	1	on	on	ADP
cjal-3181	178	2	september	september	PROPN
cjal-3181	178	3	16	16	NUM
cjal-3181	178	4	,	,	PUNCT
cjal-3181	178	5	1993	1993	NUM
cjal-3181	178	6	,	,	PUNCT
cjal-3181	178	7	several	several	ADJ
cjal-3181	178	8	newspapers	newspaper	NOUN
cjal-3181	178	9	began	begin	VERB
cjal-3181	178	10	to	to	PART
cjal-3181	178	11	publish	publish	VERB
cjal-3181	178	12	rumors	rumor	NOUN
cjal-3181	178	13	that	that	SCONJ
cjal-3181	178	14	someone	someone	PRON
cjal-3181	178	15	was	be	AUX
cjal-3181	178	16	buying	buy	VERB
cjal-3181	178	17	yanzhong	yanzhong	ADP
cjal-3181	178	18	's	's	PART
cjal-3181	178	19	shares.50	shares.50	NOUN
cjal-3181	178	20	yanzhong	yanzhong	ADV
cjal-3181	178	21	was	be	AUX
cjal-3181	178	22	a	a	DET
cjal-3181	178	23	particularly	particularly	ADV
cjal-3181	178	24	attractive	attractive	ADJ
cjal-3181	178	25	target	target	NOUN
cjal-3181	178	26	because	because	SCONJ
cjal-3181	178	27	it	it	PRON
cjal-3181	178	28	had	have	VERB
cjal-3181	178	29	30	30	NUM
cjal-3181	178	30	million	million	NUM
cjal-3181	178	31	shares	share	NOUN
cjal-3181	178	32	outstanding	outstanding	ADJ
cjal-3181	178	33	,	,	PUNCT
cjal-3181	178	34	none	none	NOUN
cjal-3181	178	35	of	of	ADP
cjal-3181	178	36	which	which	PRON
cjal-3181	178	37	were	be	AUX
cjal-3181	178	38	owned	own	VERB
cjal-3181	178	39	by	by	ADP
cjal-3181	178	40	the	the	DET
cjal-3181	178	41	state5	state5	NOUN
cjal-3181	178	42	the	the	DET
cjal-3181	178	43	freely	freely	ADV
cjal-3181	178	44	transferable	transferable	ADJ
cjal-3181	178	45	shares	share	NOUN
cjal-3181	178	46	were	be	AUX
cjal-3181	178	47	trading	trade	VERB
cjal-3181	178	48	at	at	ADP
cjal-3181	178	49	9.8	9.8	NUM
cjal-3181	178	50	rmb	rmb	NOUN
cjal-3181	178	51	per	per	ADP
cjal-3181	178	52	share	share	NOUN
cjal-3181	178	53	2	2	NUM
cjal-3181	178	54	on	on	ADP
cjal-3181	178	55	september	september	PROPN
cjal-3181	178	56	30	30	NUM
cjal-3181	178	57	,	,	PUNCT
cjal-3181	178	58	bao	bao	VERB
cjal-3181	178	59	an	an	DET
cjal-3181	178	60	informed	informed	ADJ
cjal-3181	178	61	the	the	DET
cjal-3181	178	62	csrc	csrc	NOUN
cjal-3181	178	63	,	,	PUNCT
cjal-3181	178	64	the	the	DET
cjal-3181	178	65	shanghai	shanghai	PROPN
cjal-3181	178	66	exchange	exchange	PROPN
cjal-3181	178	67	and	and	CCONJ
cjal-3181	178	68	yanzhong	yanzhong	ADP
cjal-3181	178	69	that	that	PRON
cjal-3181	178	70	it	it	PRON
cjal-3181	178	71	owned	own	VERB
cjal-3181	178	72	more	more	ADJ
cjal-3181	178	73	than	than	ADP
cjal-3181	178	74	five	five	NUM
cjal-3181	178	75	percent	percent	NOUN
cjal-3181	178	76	of	of	ADP
cjal-3181	178	77	yanzhong	yanzhong	PROPN
cjal-3181	178	78	's	's	PART
cjal-3181	178	79	outstanding	outstanding	ADJ
cjal-3181	178	80	shares	share	NOUN
cjal-3181	178	81	.	.	PUNCT
cjal-3181	179	1	3	3	NUM
cjal-3181	179	2	bao	bao	PROPN
cjal-3181	179	3	an	an	DET
cjal-3181	179	4	also	also	ADV
cjal-3181	179	5	made	make	VERB
cjal-3181	179	6	a	a	DET
cjal-3181	179	7	public	public	ADJ
cjal-3181	179	8	announcement.m	announcement.m	PRON
cjal-3181	179	9	circumventing	circumvent	VERB
cjal-3181	179	10	the	the	DET
cjal-3181	179	11	interim	interim	ADJ
cjal-3181	179	12	securities	security	NOUN
cjal-3181	179	13	regulations	regulation	NOUN
cjal-3181	179	14	,	,	PUNCT
cjal-3181	179	15	bao	bao	PROPN
cjal-3181	179	16	an	an	PRON
cjal-3181	179	17	already	already	ADV
cjal-3181	179	18	beneficially	beneficially	ADV
cjal-3181	179	19	owned	own	VERB
cjal-3181	179	20	17.07	17.07	NUM
cjal-3181	179	21	%	%	NOUN
cjal-3181	179	22	of	of	ADP
cjal-3181	179	23	yanzhong	yanzhong	PROPN
cjal-3181	179	24	's	's	PART
cjal-3181	179	25	shares.55	shares.55	NOUN
cjal-3181	179	26	through	through	ADP
cjal-3181	179	27	discrete	discrete	ADJ
cjal-3181	179	28	buying	buying	NOUN
cjal-3181	179	29	,	,	PUNCT
cjal-3181	179	30	bao	bao	PROPN
cjal-3181	179	31	an	an	PRON
cjal-3181	179	32	had	have	AUX
cjal-3181	179	33	obtained	obtain	VERB
cjal-3181	179	34	a	a	DET
cjal-3181	179	35	block	block	NOUN
cjal-3181	179	36	of	of	ADP
cjal-3181	179	37	yanzhong	yanzhong	NOUN
cjal-3181	179	38	's	's	PART
cjal-3181	179	39	shares	share	NOUN
cjal-3181	179	40	.	.	PUNCT
cjal-3181	180	1	with	with	ADP
cjal-3181	180	2	its	its	PRON
cjal-3181	180	3	two	two	NUM
cjal-3181	180	4	shanghai	shanghai	PROPN
cjal-3181	180	5	affiliates	affiliate	NOUN
cjal-3181	180	6	,	,	PUNCT
cjal-3181	180	7	huayang	huayang	PROPN
cjal-3181	180	8	and	and	CCONJ
cjal-3181	180	9	48	48	NUM
cjal-3181	180	10	.	.	PUNCT
cjal-3181	181	1	parker	parker	PROPN
cjal-3181	181	2	,	,	PUNCT
cjal-3181	181	3	supra	supra	PROPN
cjal-3181	181	4	note	note	NOUN
cjal-3181	181	5	4	4	NUM
cjal-3181	181	6	(	(	PUNCT
cjal-3181	181	7	mr	mr	PROPN
cjal-3181	181	8	.	.	PROPN
cjal-3181	181	9	gao	gao	PROPN
cjal-3181	181	10	xiqing	xiqing	PROPN
cjal-3181	181	11	,	,	PUNCT
cjal-3181	181	12	csrc	csrc	NOUN
cjal-3181	181	13	's	's	PART
cjal-3181	181	14	general	general	ADJ
cjal-3181	181	15	counsel	counsel	NOUN
cjal-3181	181	16	,	,	PUNCT
cjal-3181	181	17	was	be	AUX
cjal-3181	181	18	quoted	quote	VERB
cjal-3181	181	19	as	as	ADP
cjal-3181	181	20	saying	say	VERB
cjal-3181	181	21	that	that	SCONJ
cjal-3181	181	22	bao	bao	PROPN
cjal-3181	181	23	an	an	PRON
cjal-3181	181	24	should	should	AUX
cjal-3181	181	25	have	have	AUX
cjal-3181	181	26	stopped	stop	VERB
cjal-3181	181	27	when	when	SCONJ
cjal-3181	181	28	it	it	PRON
cjal-3181	181	29	became	become	VERB
cjal-3181	181	30	a	a	DET
cjal-3181	181	31	five	five	NUM
cjal-3181	181	32	-	-	PUNCT
cjal-3181	181	33	percent	percent	NOUN
cjal-3181	181	34	shareholder	shareholder	NOUN
cjal-3181	181	35	.	.	PUNCT
cjal-3181	181	36	)	)	PUNCT
cjal-3181	181	37	.	.	PUNCT
cjal-3181	182	1	49	49	NUM
cjal-3181	182	2	.	.	PUNCT
cjal-3181	183	1	interim	interim	ADJ
cjal-3181	183	2	securities	security	NOUN
cjal-3181	183	3	regulations	regulation	NOUN
cjal-3181	183	4	,	,	PUNCT
cjal-3181	183	5	supra	supra	PROPN
cjal-3181	183	6	note	note	NOUN
cjal-3181	183	7	1	1	NUM
cjal-3181	183	8	,	,	PUNCT
cjal-3181	183	9	art	art	NOUN
cjal-3181	183	10	.	.	PUNCT
cjal-3181	184	1	47	47	NUM
cjal-3181	184	2	.	.	X
cjal-3181	185	1	50	50	NUM
cjal-3181	185	2	.	.	PUNCT
cjal-3181	186	1	shanghai	shanghai	PROPN
cjal-3181	186	2	a	a	DET
cjal-3181	186	3	shares	share	NOUN
cjal-3181	186	4	down	down	ADP
cjal-3181	186	5	as	as	ADP
cjal-3181	186	6	turnover	turnover	NOUN
cjal-3181	186	7	withers	wither	NOUN
cjal-3181	186	8	,	,	PUNCT
cjal-3181	186	9	supra	supra	PROPN
cjal-3181	186	10	note	note	NOUN
cjal-3181	186	11	9	9	NUM
cjal-3181	186	12	.	.	X
cjal-3181	186	13	51	51	NUM
cjal-3181	186	14	.	.	PUNCT
cjal-3181	187	1	brown	brown	PROPN
cjal-3181	187	2	,	,	PUNCT
cjal-3181	187	3	supra	supra	PROPN
cjal-3181	187	4	note	note	NOUN
cjal-3181	187	5	2	2	NUM
cjal-3181	187	6	.	.	NOUN
cjal-3181	187	7	52	52	NUM
cjal-3181	187	8	.	.	PUNCT
cjal-3181	188	1	shanghai	shanghai	PROPN
cjal-3181	188	2	a	a	DET
cjal-3181	188	3	shares	share	NOUN
cjal-3181	188	4	down	down	ADP
cjal-3181	188	5	as	as	ADP
cjal-3181	188	6	turnover	turnover	NOUN
cjal-3181	188	7	withers	wither	NOUN
cjal-3181	188	8	,	,	PUNCT
cjal-3181	188	9	supra	supra	PROPN
cjal-3181	188	10	note	note	NOUN
cjal-3181	188	11	9	9	NUM
cjal-3181	188	12	.	.	PUNCT
cjal-3181	189	1	see	see	VERB
cjal-3181	189	2	also	also	ADV
cjal-3181	189	3	shanghai	shanghai	PROPN
cjal-3181	189	4	stock	stock	PROPN
cjal-3181	189	5	market	market	NOUN
cjal-3181	189	6	hits	hit	VERB
cjal-3181	189	7	record	record	NOUN
cjal-3181	189	8	turnover	turnover	NOUN
cjal-3181	189	9	value	value	NOUN
cjal-3181	189	10	,	,	PUNCT
cjal-3181	189	11	supra	supra	PROPN
cjal-3181	189	12	note	note	NOUN
cjal-3181	189	13	9	9	NUM
cjal-3181	189	14	.	.	X
cjal-3181	189	15	53	53	NUM
cjal-3181	189	16	.	.	PUNCT
cjal-3181	190	1	rmb	rmb	NOUN
cjal-3181	190	2	1	1	NUM
cjal-3181	190	3	million	million	NUM
cjal-3181	190	4	fine	fine	NOUN
cjal-3181	190	5	imposed	impose	VERB
cjal-3181	190	6	for	for	ADP
cjal-3181	190	7	failure	failure	NOUN
cjal-3181	190	8	to	to	PART
cjal-3181	190	9	report	report	VERB
cjal-3181	190	10	share	share	NOUN
cjal-3181	190	11	holdings	holding	NOUN
cjal-3181	190	12	,	,	PUNCT
cjal-3181	190	13	supra	supra	PROPN
cjal-3181	190	14	note	note	NOUN
cjal-3181	190	15	6	6	NUM
cjal-3181	190	16	.	.	X
cjal-3181	190	17	54	54	NUM
cjal-3181	190	18	.	.	PUNCT
cjal-3181	191	1	lid	lid	PROPN
cjal-3181	191	2	55	55	NUM
cjal-3181	191	3	.	.	PUNCT
cjal-3181	192	1	i	i	PRON
cjal-3181	192	2	d.	d.	PROPN
cjal-3181	192	3	columbia	columbia	PROPN
cjal-3181	192	4	journal	journal	PROPN
cjal-3181	192	5	of	of	ADP
cjal-3181	192	6	asian	asian	ADJ
cjal-3181	192	7	law	law	NOUN
cjal-3181	192	8	baoling,56	baoling,56	NOUN
cjal-3181	192	9	bao	bao	VERB
cjal-3181	192	10	an	an	DET
cjal-3181	192	11	beneficially	beneficially	ADV
cjal-3181	192	12	owned	own	VERB
cjal-3181	192	13	6.09	6.09	NUM
cjal-3181	192	14	%	%	NOUN
cjal-3181	192	15	of	of	ADP
cjal-3181	192	16	yanzhong	yanzhong	PROPN
cjal-3181	192	17	's	's	PART
cjal-3181	192	18	shares	share	NOUN
cjal-3181	192	19	sometime	sometime	ADV
cjal-3181	192	20	before	before	ADP
cjal-3181	192	21	september	september	PROPN
cjal-3181	192	22	28	28	NUM
cjal-3181	192	23	.	.	PUNCT
cjal-3181	193	1	on	on	ADP
cjal-3181	193	2	september	september	PROPN
cjal-3181	193	3	29	29	NUM
cjal-3181	193	4	,	,	PUNCT
cjal-3181	193	5	bao	bao	VERB
cjal-3181	193	6	an	an	DET
cjal-3181	193	7	purchased	purchase	VERB
cjal-3181	193	8	4.56	4.56	NUM
cjal-3181	193	9	%	%	NOUN
cjal-3181	193	10	of	of	ADP
cjal-3181	193	11	yanzhong	yanzhong	PROPN
cjal-3181	193	12	's	's	PART
cjal-3181	193	13	shares	share	NOUN
cjal-3181	193	14	on	on	ADP
cjal-3181	193	15	the	the	DET
cjal-3181	193	16	market.5	market.5	NOUN
cjal-3181	193	17	8	8	NUM
cjal-3181	193	18	the	the	DET
cjal-3181	193	19	next	next	ADJ
cjal-3181	193	20	day	day	NOUN
cjal-3181	193	21	,	,	PUNCT
cjal-3181	193	22	before	before	ADP
cjal-3181	193	23	issuing	issue	VERB
cjal-3181	193	24	its	its	PRON
cjal-3181	193	25	statement	statement	NOUN
cjal-3181	193	26	to	to	ADP
cjal-3181	193	27	the	the	DET
cjal-3181	193	28	csrc	csrc	NOUN
cjal-3181	193	29	,	,	PUNCT
cjal-3181	193	30	bao	bao	PROPN
cjal-3181	193	31	an	an	DET
cjal-3181	193	32	bought	buy	VERB
cjal-3181	193	33	all	all	DET
cjal-3181	193	34	the	the	DET
cjal-3181	193	35	available	available	ADJ
cjal-3181	193	36	shares	share	NOUN
cjal-3181	193	37	of	of	ADP
cjal-3181	193	38	yanzhong	yanzhong	NOUN
cjal-3181	193	39	on	on	ADP
cjal-3181	193	40	the	the	DET
cjal-3181	193	41	shanghai	shanghai	PROPN
cjal-3181	193	42	exchange	exchange	PROPN
cjal-3181	193	43	and	and	CCONJ
cjal-3181	193	44	the	the	DET
cjal-3181	193	45	yanzhong	yanzhong	NOUN
cjal-3181	193	46	shares	share	NOUN
cjal-3181	193	47	owned	own	VERB
cjal-3181	193	48	by	by	ADP
cjal-3181	193	49	its	its	PRON
cjal-3181	193	50	two	two	NUM
cjal-3181	193	51	affiliates	affiliate	NOUN
cjal-3181	193	52	to	to	PART
cjal-3181	193	53	bring	bring	VERB
cjal-3181	193	54	its	its	PRON
cjal-3181	193	55	total	total	ADJ
cjal-3181	193	56	ownership	ownership	NOUN
cjal-3181	193	57	to	to	ADP
cjal-3181	193	58	17.07%.59	17.07%.59	NUM
cjal-3181	193	59	following	follow	VERB
cjal-3181	193	60	bao	bao	PROPN
cjal-3181	193	61	an	an	PRON
cjal-3181	193	62	's	's	PART
cjal-3181	193	63	statement	statement	NOUN
cjal-3181	193	64	,	,	PUNCT
cjal-3181	193	65	on	on	ADP
cjal-3181	193	66	october	october	PROPN
cjal-3181	193	67	4	4	NUM
cjal-3181	193	68	,	,	PUNCT
cjal-3181	193	69	the	the	DET
cjal-3181	193	70	shanghai	shanghai	PROPN
cjal-3181	193	71	exchange	exchange	PROPN
cjal-3181	193	72	announced	announce	VERB
cjal-3181	193	73	that	that	SCONJ
cjal-3181	193	74	bao	bao	PROPN
cjal-3181	193	75	an	an	DET
cjal-3181	193	76	owned	own	VERB
cjal-3181	193	77	over	over	ADP
cjal-3181	193	78	16	16	NUM
cjal-3181	193	79	%	%	NOUN
cjal-3181	193	80	of	of	ADP
cjal-3181	193	81	yanzhong	yanzhong	PROPN
cjal-3181	193	82	's	's	PART
cjal-3181	193	83	shares.6	shares.6	PROPN
cjal-3181	193	84	yanzhong	yanzhong	ADP
cjal-3181	193	85	followed	follow	VERB
cjal-3181	193	86	that	that	DET
cjal-3181	193	87	announcement	announcement	NOUN
cjal-3181	193	88	with	with	ADP
cjal-3181	193	89	a	a	DET
cjal-3181	193	90	press	press	NOUN
cjal-3181	193	91	conference	conference	NOUN
cjal-3181	193	92	two	two	NUM
cjal-3181	193	93	days	day	NOUN
cjal-3181	193	94	later	later	ADV
cjal-3181	193	95	in	in	ADP
cjal-3181	193	96	which	which	PRON
cjal-3181	193	97	it	it	PRON
cjal-3181	193	98	declared	declare	VERB
cjal-3181	193	99	that	that	SCONJ
cjal-3181	193	100	bao	bao	PROPN
cjal-3181	193	101	an	an	PRON
cjal-3181	193	102	's	's	PART
cjal-3181	193	103	actions	action	NOUN
cjal-3181	193	104	were	be	AUX
cjal-3181	193	105	illegal.6	illegal.6	PROPN
cjal-3181	193	106	i	i	PRON
cjal-3181	193	107	on	on	ADP
cjal-3181	193	108	the	the	DET
cjal-3181	193	109	same	same	ADJ
cjal-3181	193	110	day	day	NOUN
cjal-3181	193	111	as	as	ADP
cjal-3181	193	112	the	the	DET
cjal-3181	193	113	press	press	NOUN
cjal-3181	193	114	conference	conference	NOUN
cjal-3181	193	115	,	,	PUNCT
cjal-3181	193	116	bao	bao	PROPN
cjal-3181	193	117	an	an	DET
cjal-3181	193	118	made	make	VERB
cjal-3181	193	119	its	its	PRON
cjal-3181	193	120	final	final	ADJ
cjal-3181	193	121	purchase	purchase	NOUN
cjal-3181	193	122	of	of	ADP
cjal-3181	193	123	yanzhong	yanzhong	PROPN
cjal-3181	193	124	's	's	PART
cjal-3181	193	125	shares	share	NOUN
cjal-3181	193	126	,	,	PUNCT
cjal-3181	193	127	bringing	bring	VERB
cjal-3181	193	128	its	its	PRON
cjal-3181	193	129	ownership	ownership	NOUN
cjal-3181	193	130	to	to	ADP
cjal-3181	193	131	19.8	19.8	NUM
cjal-3181	193	132	%	%	NOUN
cjal-3181	193	133	of	of	ADP
cjal-3181	193	134	yanzhong	yanzhong	PROPN
cjal-3181	193	135	's	's	PART
cjal-3181	193	136	shares	share	NOUN
cjal-3181	193	137	.	.	PUNCT
cjal-3181	193	138	2	2	NUM
cjal-3181	193	139	after	after	ADP
cjal-3181	193	140	an	an	DET
cjal-3181	193	141	investigation	investigation	NOUN
cjal-3181	193	142	,	,	PUNCT
cjal-3181	193	143	the	the	DET
cjal-3181	193	144	csrc	csrc	NOUN
cjal-3181	193	145	determined	determine	VERB
cjal-3181	193	146	that	that	PRON
cjal-3181	193	147	bao	bao	VERB
cjal-3181	193	148	an	an	DET
cjal-3181	193	149	committed	committed	ADJ
cjal-3181	193	150	two	two	NUM
cjal-3181	193	151	violations	violation	NOUN
cjal-3181	193	152	of	of	ADP
cjal-3181	193	153	the	the	DET
cjal-3181	193	154	interim	interim	ADJ
cjal-3181	193	155	securities	security	NOUN
cjal-3181	193	156	regulations	regulation	NOUN
cjal-3181	193	157	and	and	CCONJ
cjal-3181	193	158	fined	fine	VERB
cjal-3181	193	159	bao	bao	PROPN
cjal-3181	193	160	an	an	DET
cjal-3181	193	161	one	one	NUM
cjal-3181	193	162	million	million	NUM
cjal-3181	193	163	rmb	rmb	NOUN
cjal-3181	193	164	under	under	ADP
cjal-3181	193	165	article	article	NOUN
cjal-3181	193	166	74	74	NUM
cjal-3181	193	167	of	of	ADP
cjal-3181	193	168	the	the	DET
cjal-3181	193	169	interim	interim	ADJ
cjal-3181	193	170	securities	security	NOUN
cjal-3181	193	171	regulations.63	regulations.63	ADV
cjal-3181	193	172	first	first	ADV
cjal-3181	193	173	,	,	PUNCT
cjal-3181	193	174	the	the	DET
cjal-3181	193	175	csrc	csrc	NOUN
cjal-3181	193	176	found	find	VERB
cjal-3181	193	177	that	that	PRON
cjal-3181	193	178	bao	bao	PROPN
cjal-3181	193	179	an	an	DET
cjal-3181	193	180	violated	violate	VERB
cjal-3181	193	181	article	article	NOUN
cjal-3181	193	182	47	47	NUM
cjal-3181	193	183	of	of	ADP
cjal-3181	193	184	the	the	DET
cjal-3181	193	185	interim	interim	ADJ
cjal-3181	193	186	securities	security	NOUN
cjal-3181	193	187	regulations	regulation	NOUN
cjal-3181	193	188	by	by	ADP
cjal-3181	193	189	not	not	PART
cjal-3181	193	190	disclosing	disclose	VERB
cjal-3181	193	191	its	its	PRON
cjal-3181	193	192	full	full	ADJ
cjal-3181	193	193	ownership	ownership	NOUN
cjal-3181	193	194	of	of	ADP
cjal-3181	193	195	yanzhong	yanzhong	PROPN
cjal-3181	193	196	's	's	PART
cjal-3181	193	197	shares.64	shares.64	PROPN
cjal-3181	193	198	although	although	SCONJ
cjal-3181	193	199	bao	bao	PROPN
cjal-3181	194	1	an	an	PRON
cjal-3181	194	2	announced	announce	VERB
cjal-3181	194	3	that	that	SCONJ
cjal-3181	194	4	it	it	PRON
cjal-3181	194	5	had	have	AUX
cjal-3181	194	6	acquired	acquire	VERB
cjal-3181	194	7	more	more	ADJ
cjal-3181	194	8	than	than	ADP
cjal-3181	194	9	five	five	NUM
cjal-3181	194	10	percent	percent	NOUN
cjal-3181	194	11	of	of	ADP
cjal-3181	194	12	yanzhong	yanzhong	NOUN
cjal-3181	194	13	on	on	ADP
cjal-3181	194	14	september	september	PROPN
cjal-3181	194	15	30	30	NUM
cjal-3181	194	16	,	,	PUNCT
cjal-3181	194	17	the	the	DET
cjal-3181	194	18	csrc	csrc	NOUN
cjal-3181	194	19	found	find	VERB
cjal-3181	194	20	that	that	SCONJ
cjal-3181	194	21	bao	bao	PROPN
cjal-3181	194	22	an	an	PRON
cjal-3181	194	23	should	should	AUX
cjal-3181	194	24	have	have	AUX
cjal-3181	194	25	made	make	VERB
cjal-3181	194	26	an	an	DET
cjal-3181	194	27	announcement	announcement	NOUN
cjal-3181	194	28	earlier	early	ADV
cjal-3181	194	29	,	,	PUNCT
cjal-3181	194	30	before	before	ADP
cjal-3181	194	31	september	september	PROPN
cjal-3181	194	32	28	28	NUM
cjal-3181	194	33	,	,	PUNCT
cjal-3181	194	34	when	when	SCONJ
cjal-3181	194	35	it	it	PRON
cjal-3181	194	36	initially	initially	ADV
cjal-3181	194	37	became	become	VERB
cjal-3181	194	38	a	a	DET
cjal-3181	194	39	five	five	NUM
cjal-3181	194	40	-	-	PUNCT
cjal-3181	194	41	percent	percent	NOUN
cjal-3181	194	42	shareholder	shareholder	NOUN
cjal-3181	194	43	through	through	ADP
cjal-3181	194	44	its	its	PRON
cjal-3181	194	45	two	two	NUM
cjal-3181	194	46	affiliates.6	affiliates.6	PROPN
cjal-3181	194	47	second	second	NOUN
cjal-3181	194	48	,	,	PUNCT
cjal-3181	194	49	the	the	DET
cjal-3181	194	50	csrc	csrc	NOUN
cjal-3181	194	51	also	also	ADV
cjal-3181	194	52	fined	fine	VERB
cjal-3181	194	53	bao	bao	PROPN
cjal-3181	194	54	an	an	PRON
cjal-3181	194	55	for	for	ADP
cjal-3181	194	56	buying	buy	VERB
cjal-3181	194	57	shares	share	NOUN
cjal-3181	194	58	in	in	ADP
cjal-3181	194	59	violation	violation	NOUN
cjal-3181	194	60	of	of	ADP
cjal-3181	194	61	article	article	NOUN
cjal-3181	194	62	47	47	NUM
cjal-3181	194	63	of	of	ADP
cjal-3181	194	64	the	the	DET
cjal-3181	194	65	interim	interim	ADJ
cjal-3181	194	66	securities	security	NOUN
cjal-3181	194	67	regulations.6	regulations.6	PROPN
cjal-3181	194	68	as	as	SCONJ
cjal-3181	194	69	stated	state	VERB
cjal-3181	194	70	previously	previously	ADV
cjal-3181	194	71	,	,	PUNCT
cjal-3181	194	72	once	once	ADV
cjal-3181	194	73	bao	bao	PROPN
cjal-3181	194	74	an	an	PRON
cjal-3181	194	75	became	become	VERB
cjal-3181	194	76	a	a	DET
cjal-3181	194	77	five	five	NUM
cjal-3181	194	78	-	-	PUNCT
cjal-3181	194	79	percent	percent	NOUN
cjal-3181	194	80	shareholder	shareholder	NOUN
cjal-3181	194	81	,	,	PUNCT
cjal-3181	194	82	it	it	PRON
cjal-3181	194	83	should	should	AUX
cjal-3181	194	84	have	have	AUX
cjal-3181	194	85	refrained	refrain	VERB
cjal-3181	194	86	from	from	ADP
cjal-3181	194	87	buying	buy	VERB
cjal-3181	194	88	shares	share	NOUN
cjal-3181	194	89	,	,	PUNCT
cjal-3181	194	90	both	both	CCONJ
cjal-3181	194	91	before	before	ADP
cjal-3181	194	92	making	make	VERB
cjal-3181	194	93	its	its	PRON
cjal-3181	194	94	announcement	announcement	NOUN
cjal-3181	194	95	and	and	CCONJ
cjal-3181	194	96	for	for	ADP
cjal-3181	194	97	two	two	NUM
cjal-3181	194	98	days	day	NOUN
cjal-3181	194	99	thereafter.67	thereafter.67	NOUN
cjal-3181	194	100	since	since	SCONJ
cjal-3181	194	101	bao	bao	PROPN
cjal-3181	194	102	an	an	PRON
cjal-3181	194	103	initially	initially	ADV
cjal-3181	194	104	became	become	VERB
cjal-3181	194	105	a	a	DET
cjal-3181	194	106	five	five	NUM
cjal-3181	194	107	-	-	PUNCT
cjal-3181	194	108	percent	percent	NOUN
cjal-3181	194	109	shareholder	shareholder	NOUN
cjal-3181	194	110	56	56	NUM
cjal-3181	194	111	.	.	PUNCT
cjal-3181	194	112	listed	list	VERB
cjal-3181	194	113	company	company	NOUN
cjal-3181	194	114	fined	fine	VERB
cjal-3181	194	115	one	one	NUM
cjal-3181	194	116	million	million	NUM
cjal-3181	194	117	yuan	yuan	NOUN
cjal-3181	194	118	for	for	ADP
cjal-3181	194	119	breaking	break	VERB
cjal-3181	194	120	rules	rule	NOUN
cjal-3181	194	121	,	,	PUNCT
cjal-3181	194	122	xinhua	xinhua	PROPN
cjal-3181	194	123	general	general	PROPN
cjal-3181	194	124	overseas	overseas	PROPN
cjal-3181	194	125	news	news	PROPN
cjal-3181	194	126	service	service	PROPN
cjal-3181	194	127	,	,	PUNCT
cjal-3181	194	128	oct	oct	PROPN
cjal-3181	194	129	.	.	PROPN
cjal-3181	194	130	22	22	NUM
cjal-3181	194	131	,	,	PUNCT
cjal-3181	194	132	1993	1993	NUM
cjal-3181	194	133	,	,	PUNCT
cjal-3181	194	134	available	available	ADJ
cjal-3181	194	135	in	in	ADP
cjal-3181	194	136	lexis	lexis	NOUN
cjal-3181	194	137	.	.	PUNCT
cjal-3181	195	1	57	57	NUM
cjal-3181	195	2	.	.	PUNCT
cjal-3181	196	1	i	i	PRON
cjal-3181	196	2	d.	d.	PROPN
cjal-3181	196	3	58	58	NUM
cjal-3181	196	4	.	.	PUNCT
cjal-3181	197	1	i	i	PRON
cjal-3181	197	2	d.	d.	PROPN
cjal-3181	197	3	59	59	NUM
cjal-3181	197	4	.	.	PUNCT
cjal-3181	198	1	rmb	rmb	PROPN
cjal-3181	198	2	1	1	NUM
cjal-3181	198	3	million	million	NUM
cjal-3181	198	4	fine	fine	NOUN
cjal-3181	198	5	imposed	impose	VERB
cjal-3181	198	6	for	for	ADP
cjal-3181	198	7	failure	failure	NOUN
cjal-3181	198	8	to	to	PART
cjal-3181	198	9	report	report	VERB
cjal-3181	198	10	share	share	NOUN
cjal-3181	198	11	holdings	holding	NOUN
cjal-3181	198	12	,	,	PUNCT
cjal-3181	198	13	supra	supra	PROPN
cjal-3181	198	14	note	note	NOUN
cjal-3181	198	15	6	6	NUM
cjal-3181	198	16	.	.	SYM
cjal-3181	198	17	60	60	NUM
cjal-3181	198	18	.	.	PUNCT
cjal-3181	199	1	shanghai	shanghai	PROPN
cjal-3181	199	2	stocks	stock	NOUN
cjal-3181	199	3	end	end	VERB
cjal-3181	199	4	up	up	ADP
cjal-3181	199	5	on	on	ADP
cjal-3181	199	6	takeover	takeover	NOUN
cjal-3181	199	7	fever	fever	NOUN
cjal-3181	199	8	,	,	PUNCT
cjal-3181	199	9	reuter	reuter	PROPN
cjal-3181	199	10	asia	asia	PROPN
cjal-3181	199	11	-	-	PUNCT
cjal-3181	199	12	pacific	pacific	PROPN
cjal-3181	199	13	rep	rep	PROPN
cjal-3181	199	14	.	.	PROPN
cjal-3181	199	15	,	,	PUNCT
cjal-3181	199	16	oct	oct	PROPN
cjal-3181	199	17	.	.	PROPN
cjal-3181	199	18	4	4	NUM
cjal-3181	199	19	,	,	PUNCT
cjal-3181	199	20	1993	1993	NUM
cjal-3181	199	21	,	,	PUNCT
cjal-3181	199	22	available	available	ADJ
cjal-3181	199	23	in	in	ADP
cjal-3181	199	24	lexis	lexis	NOUN
cjal-3181	199	25	.	.	PUNCT
cjal-3181	200	1	61	61	NUM
cjal-3181	200	2	.	.	PUNCT
cjal-3181	201	1	yanzhong	yanzhong	ADP
cjal-3181	201	2	battles	battle	NOUN
cjal-3181	201	3	predator	predator	NOUN
cjal-3181	201	4	,	,	PUNCT
cjal-3181	201	5	supra	supra	PROPN
cjal-3181	201	6	note	note	NOUN
cjal-3181	201	7	3	3	NUM
cjal-3181	201	8	.	.	NOUN
cjal-3181	201	9	62	62	NUM
cjal-3181	201	10	.	.	PUNCT
cjal-3181	202	1	i	i	PRON
cjal-3181	202	2	d.	d.	PROPN
cjal-3181	202	3	63	63	NUM
cjal-3181	202	4	.	.	PUNCT
cjal-3181	203	1	rmb	rmb	VERB
cjal-3181	203	2	1	1	NUM
cjal-3181	203	3	million	million	NUM
cjal-3181	203	4	fine	fine	NOUN
cjal-3181	203	5	imposed	impose	VERB
cjal-3181	203	6	for	for	ADP
cjal-3181	203	7	failure	failure	NOUN
cjal-3181	203	8	to	to	PART
cjal-3181	203	9	report	report	VERB
cjal-3181	203	10	share	share	NOUN
cjal-3181	203	11	holdings	holding	NOUN
cjal-3181	203	12	,	,	PUNCT
cjal-3181	203	13	supra	supra	PROPN
cjal-3181	203	14	note	note	NOUN
cjal-3181	203	15	6	6	NUM
cjal-3181	203	16	.	.	NOUN
cjal-3181	203	17	64	64	NUM
cjal-3181	203	18	.	.	PUNCT
cjal-3181	204	1	i	i	PRON
cjal-3181	204	2	d.	d.	PROPN
cjal-3181	204	3	65	65	NUM
cjal-3181	204	4	.	.	PUNCT
cjal-3181	205	1	i	i	PRON
cjal-3181	205	2	d.	d.	PROPN
cjal-3181	205	3	66	66	NUM
cjal-3181	205	4	.	.	PUNCT
cjal-3181	206	1	i	i	PRON
cjal-3181	206	2	d.	d.	PROPN
cjal-3181	206	3	67	67	NUM
cjal-3181	206	4	.	.	PUNCT
cjal-3181	206	5	interim	interim	ADJ
cjal-3181	206	6	securities	security	NOUN
cjal-3181	206	7	regulations	regulation	NOUN
cjal-3181	206	8	,	,	PUNCT
cjal-3181	206	9	supra	supra	PROPN
cjal-3181	206	10	note	note	NOUN
cjal-3181	206	11	1	1	NUM
cjal-3181	206	12	,	,	PUNCT
cjal-3181	206	13	art	art	NOUN
cjal-3181	206	14	.	.	PUNCT
cjal-3181	207	1	47	47	NUM
cjal-3181	207	2	.	.	PUNCT
cjal-3181	208	1	[	[	X
cjal-3181	208	2	12:1	12:1	NUM
cjal-3181	208	3	1998	1998	NUM
cjal-3181	208	4	]	]	PUNCT
cjal-3181	208	5	comparison	comparison	NOUN
cjal-3181	208	6	of	of	ADP
cjal-3181	208	7	takeover	takeover	NOUN
cjal-3181	208	8	regulations	regulation	NOUN
cjal-3181	208	9	of	of	ADP
cjal-3181	208	10	us	us	PROPN
cjal-3181	208	11	&	&	CCONJ
cjal-3181	208	12	china	china	PROPN
cjal-3181	208	13	109	109	NUM
cjal-3181	208	14	through	through	ADP
cjal-3181	208	15	its	its	PRON
cjal-3181	208	16	affiliates	affiliate	NOUN
cjal-3181	208	17	,	,	PUNCT
cjal-3181	208	18	its	its	PRON
cjal-3181	208	19	purchases	purchase	NOUN
cjal-3181	208	20	on	on	ADP
cjal-3181	208	21	september	september	PROPN
cjal-3181	208	22	29	29	NUM
cjal-3181	208	23	and	and	CCONJ
cjal-3181	208	24	30	30	NUM
cjal-3181	208	25	were	be	AUX
cjal-3181	208	26	violations	violation	NOUN
cjal-3181	208	27	,	,	PUNCT
cjal-3181	208	28	as	as	SCONJ
cjal-3181	208	29	were	be	AUX
cjal-3181	208	30	any	any	DET
cjal-3181	208	31	purchases	purchase	NOUN
cjal-3181	208	32	before	before	ADP
cjal-3181	208	33	october	october	PROPN
cjal-3181	208	34	3	3	NUM
cjal-3181	208	35	.	.	NOUN
cjal-3181	208	36	third	third	ADJ
cjal-3181	208	37	,	,	PUNCT
cjal-3181	208	38	the	the	DET
cjal-3181	208	39	csrc	csrc	NOUN
cjal-3181	208	40	required	require	VERB
cjal-3181	208	41	bao	bao	PROPN
cjal-3181	208	42	an	an	PRON
cjal-3181	208	43	and	and	CCONJ
cjal-3181	208	44	its	its	PRON
cjal-3181	208	45	affiliates	affiliate	NOUN
cjal-3181	208	46	to	to	PART
cjal-3181	208	47	pay	pay	VERB
cjal-3181	208	48	back	back	ADP
cjal-3181	208	49	its	its	PRON
cjal-3181	208	50	short	short	ADJ
cjal-3181	208	51	swing	swing	NOUN
cjal-3181	208	52	profits	profit	NOUN
cjal-3181	208	53	to	to	ADP
cjal-3181	208	54	yanzhong	yanzhong	PROPN
cjal-3181	208	55	.	.	PUNCT
cjal-3181	208	56	"	"	PUNCT
cjal-3181	209	1	bao	bao	PROPN
cjal-3181	209	2	an	an	DET
cjal-3181	209	3	realized	realize	VERB
cjal-3181	209	4	about	about	ADP
cjal-3181	209	5	500,000	500,000	NUM
cjal-3181	209	6	rmb	rmb	NOUN
cjal-3181	209	7	in	in	ADP
cjal-3181	209	8	short	short	ADJ
cjal-3181	209	9	-	-	PUNCT
cjal-3181	209	10	swing	swing	NOUN
cjal-3181	209	11	profits.6	profits.6	PROPN
cjal-3181	209	12	9	9	NUM
cjal-3181	209	13	by	by	ADP
cjal-3181	209	14	article	article	NOUN
cjal-3181	209	15	38	38	NUM
cjal-3181	209	16	of	of	ADP
cjal-3181	209	17	the	the	DET
cjal-3181	209	18	interim	interim	ADJ
cjal-3181	209	19	securities	security	NOUN
cjal-3181	209	20	regulations	regulation	NOUN
cjal-3181	209	21	,	,	PUNCT
cjal-3181	209	22	five	five	NUM
cjal-3181	209	23	-	-	PUNCT
cjal-3181	209	24	percent	percent	NOUN
cjal-3181	209	25	shareholders	shareholder	NOUN
cjal-3181	209	26	must	must	AUX
cjal-3181	209	27	repay	repay	VERB
cjal-3181	209	28	their	their	PRON
cjal-3181	209	29	profits	profit	NOUN
cjal-3181	209	30	from	from	ADP
cjal-3181	209	31	sales	sale	NOUN
cjal-3181	209	32	within	within	ADP
cjal-3181	209	33	six	six	NUM
cjal-3181	209	34	months	month	NOUN
cjal-3181	209	35	of	of	ADP
cjal-3181	209	36	the	the	DET
cjal-3181	209	37	purchase	purchase	NOUN
cjal-3181	209	38	to	to	ADP
cjal-3181	209	39	the	the	DET
cjal-3181	209	40	company	company	NOUN
cjal-3181	209	41	.	.	PUNCT
cjal-3181	209	42	0	0	PUNCT
cjal-3181	210	1	in	in	ADP
cjal-3181	210	2	contrast	contrast	NOUN
cjal-3181	210	3	to	to	ADP
cjal-3181	210	4	its	its	PRON
cjal-3181	210	5	actions	action	NOUN
cjal-3181	210	6	in	in	ADP
cjal-3181	210	7	the	the	DET
cjal-3181	210	8	bao	bao	PROPN
cjal-3181	210	9	an	an	DET
cjal-3181	210	10	takeover	takeover	NOUN
cjal-3181	210	11	,	,	PUNCT
cjal-3181	210	12	the	the	DET
cjal-3181	210	13	csrc	csrc	NOUN
cjal-3181	210	14	did	do	AUX
cjal-3181	210	15	not	not	PART
cjal-3181	210	16	intervene	intervene	VERB
cjal-3181	210	17	in	in	ADP
cjal-3181	210	18	either	either	CCONJ
cjal-3181	210	19	vanke	vanke	NOUN
cjal-3181	210	20	's	's	PART
cjal-3181	210	21	or	or	CCONJ
cjal-3181	210	22	tianji	tianji	NOUN
cjal-3181	210	23	's	's	PART
cjal-3181	210	24	attempted	attempt	VERB
cjal-3181	210	25	takeovers	takeover	NOUN
cjal-3181	210	26	as	as	SCONJ
cjal-3181	210	27	they	they	PRON
cjal-3181	210	28	both	both	PRON
cjal-3181	210	29	apparently	apparently	ADV
cjal-3181	210	30	complied	comply	VERB
cjal-3181	210	31	-with	-with	PROPN
cjal-3181	210	32	the	the	DET
cjal-3181	210	33	disclosure	disclosure	NOUN
cjal-3181	210	34	regulations	regulation	NOUN
cjal-3181	210	35	.	.	PUNCT
cjal-3181	211	1	in	in	ADP
cjal-3181	211	2	november	november	PROPN
cjal-3181	211	3	1993	1993	NUM
cjal-3181	211	4	,	,	PUNCT
cjal-3181	211	5	vanke	vanke	PROPN
cjal-3181	211	6	began	begin	VERB
cjal-3181	211	7	accumulating	accumulate	VERB
cjal-3181	211	8	the	the	DET
cjal-3181	211	9	shares	share	NOUN
cjal-3181	211	10	ofshenhua	ofshenhua	PROPN
cjal-3181	211	11	,	,	PUNCT
cjal-3181	211	12	a	a	DET
cjal-3181	211	13	company	company	NOUN
cjal-3181	211	14	listed	list	VERB
cjal-3181	211	15	on	on	ADP
cjal-3181	211	16	the	the	DET
cjal-3181	211	17	shanghai	shanghai	PROPN
cjal-3181	211	18	exchange	exchange	PROPN
cjal-3181	211	19	.	.	PUNCT
cjal-3181	212	1	as	as	SCONJ
cjal-3181	212	2	was	be	AUX
cjal-3181	212	3	the	the	DET
cjal-3181	212	4	case	case	NOUN
cjal-3181	212	5	in	in	ADP
cjal-3181	212	6	the	the	DET
cjal-3181	212	7	bao	bao	PROPN
cjal-3181	212	8	an	an	DET
cjal-3181	212	9	takeover	takeover	NOUN
cjal-3181	212	10	attempt	attempt	NOUN
cjal-3181	212	11	,	,	PUNCT
cjal-3181	212	12	none	none	NOUN
cjal-3181	212	13	of	of	ADP
cjal-3181	212	14	the	the	DET
cjal-3181	212	15	target	target	NOUN
cjal-3181	212	16	company	company	NOUN
cjal-3181	212	17	shares	share	NOUN
cjal-3181	212	18	were	be	AUX
cjal-3181	212	19	owned	own	VERB
cjal-3181	212	20	by	by	ADP
cjal-3181	212	21	the	the	DET
cjal-3181	212	22	state.7	state.7	NOUN
cjal-3181	212	23	'	'	PUNCT
cjal-3181	212	24	in	in	ADP
cjal-3181	212	25	contrast	contrast	NOUN
cjal-3181	212	26	to	to	ADP
cjal-3181	212	27	bao	bao	PROPN
cjal-3181	212	28	an	an	PRON
cjal-3181	212	29	,	,	PUNCT
cjal-3181	212	30	vanke	vanke	NOUN
cjal-3181	212	31	properly	properly	ADV
cjal-3181	212	32	announced	announce	VERB
cjal-3181	212	33	that	that	SCONJ
cjal-3181	212	34	it	it	PRON
cjal-3181	212	35	owned	own	VERB
cjal-3181	212	36	five	five	NUM
cjal-3181	212	37	percent	percent	NOUN
cjal-3181	212	38	of	of	ADP
cjal-3181	212	39	the	the	DET
cjal-3181	212	40	target	target	NOUN
cjal-3181	212	41	company	company	NOUN
cjal-3181	212	42	.	.	PUNCT
cjal-3181	213	1	according	accord	VERB
cjal-3181	213	2	to	to	ADP
cjal-3181	213	3	mr	mr	PROPN
cjal-3181	213	4	.	.	PROPN
cjal-3181	213	5	gao	gao	PROPN
cjal-3181	213	6	xiqing	xiqing	PROPN
cjal-3181	213	7	,	,	PUNCT
cjal-3181	213	8	the	the	DET
cjal-3181	213	9	general	general	ADJ
cjal-3181	213	10	counsel	counsel	NOUN
cjal-3181	213	11	of	of	ADP
cjal-3181	213	12	the	the	DET
cjal-3181	213	13	csrc	csrc	NOUN
cjal-3181	213	14	,	,	PUNCT
cjal-3181	213	15	the	the	DET
cjal-3181	213	16	takeover	takeover	NOUN
cjal-3181	213	17	attempt	attempt	NOUN
cjal-3181	213	18	was	be	AUX
cjal-3181	213	19	carried	carry	VERB
cjal-3181	213	20	out	out	ADP
cjal-3181	213	21	in	in	ADP
cjal-3181	213	22	conformance	conformance	NOUN
cjal-3181	213	23	with	with	ADP
cjal-3181	213	24	the	the	DET
cjal-3181	213	25	interim	interim	ADJ
cjal-3181	213	26	securities	security	NOUN
cjal-3181	213	27	regulations	regulation	NOUN
cjal-3181	213	28	.	.	PUNCT
cjal-3181	214	1	2	2	NUM
cjal-3181	214	2	on	on	ADP
cjal-3181	214	3	december	december	PROPN
cjal-3181	214	4	22	22	NUM
cjal-3181	214	5	,	,	PUNCT
cjal-3181	214	6	1993	1993	NUM
cjal-3181	214	7	,	,	PUNCT
cjal-3181	214	8	the	the	DET
cjal-3181	214	9	shanghai	shanghai	PROPN
cjal-3181	214	10	exchange	exchange	PROPN
cjal-3181	214	11	announced	announce	VERB
cjal-3181	214	12	that	that	SCONJ
cjal-3181	214	13	tianji	tianji	NOUN
cjal-3181	214	14	had	have	AUX
cjal-3181	214	15	acquired	acquire	VERB
cjal-3181	214	16	five	five	NUM
cjal-3181	214	17	percent	percent	NOUN
cjal-3181	214	18	of	of	ADP
cjal-3181	214	19	the	the	DET
cjal-3181	214	20	shares	share	NOUN
cjal-3181	214	21	of	of	ADP
cjal-3181	214	22	feile	feile	NOUN
cjal-3181	214	23	acoustics	acoustic	NOUN
cjal-3181	214	24	and	and	CCONJ
cjal-3181	214	25	suspended	suspend	VERB
cjal-3181	214	26	trading	trading	NOUN
cjal-3181	214	27	of	of	ADP
cjal-3181	214	28	its	its	PRON
cjal-3181	214	29	shares	share	NOUN
cjal-3181	214	30	for	for	ADP
cjal-3181	214	31	an	an	DET
cjal-3181	214	32	hour?3	hour?3	PROPN
cjal-3181	214	33	tianji	tianji	NOUN
cjal-3181	214	34	had	have	AUX
cjal-3181	214	35	specifically	specifically	ADV
cjal-3181	214	36	purchased	purchase	VERB
cjal-3181	214	37	5.2	5.2	NUM
cjal-3181	214	38	%	%	NOUN
cjal-3181	214	39	of	of	ADP
cjal-3181	214	40	the	the	DET
cjal-3181	214	41	shares	share	NOUN
cjal-3181	214	42	of	of	ADP
cjal-3181	214	43	feile	feile	NOUN
cjal-3181	214	44	acoustics.7	acoustics.7	ADP
cjal-3181	214	45	4	4	NUM
cjal-3181	214	46	three	three	NUM
cjal-3181	214	47	business	business	NOUN
cjal-3181	214	48	days	day	NOUN
cjal-3181	214	49	later	later	ADV
cjal-3181	214	50	on	on	ADP
cjal-3181	214	51	december	december	PROPN
cjal-3181	214	52	28	28	NUM
cjal-3181	214	53	,	,	PUNCT
cjal-3181	214	54	tianji	tianji	NOUN
cjal-3181	214	55	made	make	VERB
cjal-3181	214	56	an	an	DET
cjal-3181	214	57	additional	additional	ADJ
cjal-3181	214	58	purchase	purchase	NOUN
cjal-3181	214	59	of	of	ADP
cjal-3181	214	60	two	two	NUM
cjal-3181	214	61	percent	percent	NOUN
cjal-3181	214	62	of	of	ADP
cjal-3181	214	63	the	the	DET
cjal-3181	214	64	outstanding	outstanding	ADJ
cjal-3181	214	65	shares	share	NOUN
cjal-3181	214	66	of	of	ADP
cjal-3181	214	67	feile	feile	NOUN
cjal-3181	214	68	acoustics	acoustic	NOUN
cjal-3181	214	69	.	.	PUNCT
cjal-3181	215	1	5	5	NUM
cjal-3181	215	2	however	however	ADV
cjal-3181	215	3	,	,	PUNCT
cjal-3181	215	4	it	it	PRON
cjal-3181	215	5	had	have	VERB
cjal-3181	215	6	to	to	PART
cjal-3181	215	7	compete	compete	VERB
cjal-3181	215	8	with	with	ADP
cjal-3181	215	9	feile	feile	NOUN
cjal-3181	215	10	company	company	NOUN
cjal-3181	215	11	for	for	ADP
cjal-3181	215	12	control	control	NOUN
cjal-3181	215	13	of	of	ADP
cjal-3181	215	14	feile	feile	NOUN
cjal-3181	215	15	acoustics.7	acoustics.7	ADP
cjal-3181	215	16	6	6	NUM
cjal-3181	215	17	on	on	ADP
cjal-3181	215	18	the	the	DET
cjal-3181	215	19	day	day	NOUN
cjal-3181	215	20	that	that	PRON
cjal-3181	215	21	tianji	tianji	NOUN
cjal-3181	215	22	made	make	VERB
cjal-3181	215	23	its	its	PRON
cjal-3181	215	24	two	two	NUM
cjal-3181	215	25	-	-	PUNCT
cjal-3181	215	26	percent	percent	NOUN
cjal-3181	215	27	purchase	purchase	NOUN
cjal-3181	215	28	,	,	PUNCT
cjal-3181	215	29	feile	feile	NOUN
cjal-3181	215	30	company	company	NOUN
cjal-3181	215	31	increased	increase	VERB
cjal-3181	215	32	its	its	PRON
cjal-3181	215	33	total	total	ADJ
cjal-3181	215	34	ownership	ownership	NOUN
cjal-3181	215	35	to	to	ADP
cjal-3181	215	36	16.3	16.3	NUM
cjal-3181	215	37	%	%	NOUN
cjal-3181	215	38	of	of	ADP
cjal-3181	215	39	the	the	DET
cjal-3181	215	40	feile	feile	NOUN
cjal-3181	215	41	acoustics	acoustic	NOUN
cjal-3181	215	42	shares	share	NOUN
cjal-3181	215	43	.	.	PUNCT
cjal-3181	215	44	7	7	NUM
cjal-3181	215	45	on	on	ADP
cjal-3181	215	46	january	january	PROPN
cjal-3181	215	47	10	10	NUM
cjal-3181	215	48	,	,	PUNCT
cjal-3181	215	49	1994	1994	NUM
cjal-3181	215	50	,	,	PUNCT
cjal-3181	215	51	with	with	ADP
cjal-3181	215	52	no	no	DET
cjal-3181	215	53	other	other	ADJ
cjal-3181	215	54	activity	activity	NOUN
cjal-3181	215	55	from	from	ADP
cjal-3181	215	56	tianji	tianji	PROPN
cjal-3181	215	57	,	,	PUNCT
cjal-3181	215	58	feile	feile	NOUN
cjal-3181	215	59	company	company	NOUN
cjal-3181	215	60	brought	bring	VERB
cjal-3181	215	61	its	its	PRON
cjal-3181	215	62	ownership	ownership	NOUN
cjal-3181	215	63	68	68	NUM
cjal-3181	215	64	.	.	PUNCT
cjal-3181	216	1	rmb	rmb	NOUN
cjal-3181	216	2	1	1	NUM
cjal-3181	216	3	million	million	NUM
cjal-3181	216	4	fine	fine	NOUN
cjal-3181	216	5	imposed	impose	VERB
cjal-3181	216	6	for	for	ADP
cjal-3181	216	7	failure	failure	NOUN
cjal-3181	216	8	to	to	PART
cjal-3181	216	9	report	report	VERB
cjal-3181	216	10	share	share	NOUN
cjal-3181	216	11	holdings	holding	NOUN
cjal-3181	216	12	,	,	PUNCT
cjal-3181	216	13	supra	supra	PROPN
cjal-3181	216	14	note	note	NOUN
cjal-3181	216	15	6	6	NUM
cjal-3181	216	16	.	.	NOUN
cjal-3181	216	17	69	69	NUM
cjal-3181	216	18	.	.	PUNCT
cjal-3181	217	1	parker	parker	PROPN
cjal-3181	217	2	,	,	PUNCT
cjal-3181	217	3	supra	supra	PROPN
cjal-3181	217	4	note	note	NOUN
cjal-3181	217	5	4	4	NUM
cjal-3181	217	6	.	.	X
cjal-3181	217	7	70	70	NUM
cjal-3181	217	8	.	.	PUNCT
cjal-3181	218	1	interim	interim	ADJ
cjal-3181	218	2	securities	security	NOUN
cjal-3181	218	3	regulations	regulation	NOUN
cjal-3181	218	4	,	,	PUNCT
cjal-3181	218	5	supra	supra	PROPN
cjal-3181	218	6	note	note	NOUN
cjal-3181	218	7	1	1	NUM
cjal-3181	218	8	,	,	PUNCT
cjal-3181	218	9	art	art	NOUN
cjal-3181	218	10	.	.	PUNCT
cjal-3181	219	1	38	38	NUM
cjal-3181	219	2	.	.	X
cjal-3181	220	1	71	71	NUM
cjal-3181	220	2	.	.	PUNCT
cjal-3181	221	1	anothershenzhenpredatorpounces	anothershenzhenpredatorpounce	NOUN
cjal-3181	221	2	on	on	ADP
cjal-3181	221	3	shanghaitarget	shanghaitarget	NOUN
cjal-3181	221	4	,	,	PUNCT
cjal-3181	221	5	stratstimes	stratstime	NOUN
cjal-3181	221	6	,	,	PUNCT
cjal-3181	221	7	nov	nov	PROPN
cjal-3181	221	8	.	.	PROPN
cjal-3181	221	9	11.1993	11.1993	NUM
cjal-3181	221	10	,	,	PUNCT
cjal-3181	221	11	money	money	NOUN
cjal-3181	221	12	at	at	ADP
cjal-3181	221	13	35	35	NUM
cjal-3181	221	14	,	,	PUNCT
cjal-3181	221	15	available	available	ADJ
cjal-3181	221	16	in	in	ADP
cjal-3181	221	17	lexis	lexis	NOUN
cjal-3181	221	18	(	(	PUNCT
cjal-3181	221	19	"	"	PUNCT
cjal-3181	221	20	the	the	DET
cjal-3181	221	21	company	company	NOUN
cjal-3181	221	22	has	have	VERB
cjal-3181	221	23	a	a	DET
cjal-3181	221	24	total	total	NOUN
cjal-3181	221	25	of	of	ADP
cjal-3181	221	26	27	27	NUM
cjal-3181	221	27	million	million	NUM
cjal-3181	221	28	shares	share	NOUN
cjal-3181	221	29	outstanding	outstanding	ADJ
cjal-3181	221	30	and	and	CCONJ
cjal-3181	221	31	none	none	NOUN
cjal-3181	221	32	is	be	AUX
cjal-3181	221	33	owned	own	VERB
cjal-3181	221	34	by	by	ADP
cjal-3181	221	35	the	the	DET
cjal-3181	221	36	state	state	NOUN
cjal-3181	221	37	,	,	PUNCT
cjal-3181	221	38	making	make	VERB
cjal-3181	221	39	it	it	PRON
cjal-3181	221	40	an	an	DET
cjal-3181	221	41	easy	easy	ADJ
cjal-3181	221	42	target	target	NOUN
cjal-3181	221	43	for	for	ADP
cjal-3181	221	44	a	a	DET
cjal-3181	221	45	stock	stock	NOUN
cjal-3181	221	46	market	market	NOUN
cjal-3181	221	47	predator	predator	NOUN
cjal-3181	221	48	.	.	PUNCT
cjal-3181	221	49	"	"	PUNCT
cjal-3181	221	50	)	)	PUNCT
cjal-3181	221	51	.	.	PUNCT
cjal-3181	222	1	72	72	NUM
cjal-3181	222	2	.	.	X
cjal-3181	222	3	takeover	takeover	NOUN
cjal-3181	222	4	bid	bid	NOUN
cjal-3181	222	5	could	could	AUX
cjal-3181	222	6	be	be	AUX
cjal-3181	222	7	a	a	DET
cjal-3181	222	8	scam	scam	NOUN
cjal-3181	222	9	to	to	PART
cjal-3181	222	10	lift	lift	VERB
cjal-3181	222	11	price	price	NOUN
cjal-3181	222	12	,	,	PUNCT
cjal-3181	222	13	warns	warn	VERB
cjal-3181	222	14	official	official	ADJ
cjal-3181	222	15	,	,	PUNCT
cjal-3181	222	16	s.	s.	PROPN
cjal-3181	222	17	china	china	PROPN
cjal-3181	222	18	morning	morning	PROPN
cjal-3181	222	19	post	post	PROPN
cjal-3181	222	20	,	,	PUNCT
cjal-3181	222	21	nov	nov	PROPN
cjal-3181	222	22	.	.	PROPN
cjal-3181	222	23	12	12	NUM
cjal-3181	222	24	,	,	PUNCT
cjal-3181	222	25	1993	1993	NUM
cjal-3181	222	26	,	,	PUNCT
cjal-3181	222	27	business	business	NOUN
cjal-3181	222	28	at	at	ADP
cjal-3181	222	29	1	1	NUM
cjal-3181	222	30	,	,	PUNCT
cjal-3181	222	31	available	available	ADJ
cjal-3181	222	32	in	in	ADP
cjal-3181	222	33	lexis	lexis	NOUN
cjal-3181	222	34	.	.	PUNCT
cjal-3181	223	1	73	73	NUM
cjal-3181	223	2	.	.	PUNCT
cjal-3181	224	1	shanghai	shanghai	PROPN
cjal-3181	224	2	stocks	stock	NOUN
cjal-3181	224	3	end	end	VERB
cjal-3181	224	4	down	down	ADP
cjal-3181	224	5	,	,	PUNCT
cjal-3181	224	6	feile	feile	NOUN
cjal-3181	224	7	targeted	target	VERB
cjal-3181	224	8	in	in	ADP
cjal-3181	224	9	raid	raid	NOUN
cjal-3181	224	10	,	,	PUNCT
cjal-3181	224	11	rtuter	rtuter	NOUN
cjal-3181	224	12	asia	asia	PROPN
cjal-3181	224	13	-	-	PUNCT
cjal-3181	224	14	pacific	pacific	PROPN
cjal-3181	224	15	bus	bus	NOUN
cjal-3181	224	16	.	.	PUNCT
cjal-3181	225	1	rep	rep	PROPN
cjal-3181	225	2	.	.	PROPN
cjal-3181	225	3	,	,	PUNCT
cjal-3181	225	4	dec	dec	PROPN
cjal-3181	225	5	.	.	PROPN
cjal-3181	225	6	22	22	NUM
cjal-3181	225	7	,	,	PUNCT
cjal-3181	225	8	1993	1993	NUM
cjal-3181	225	9	,	,	PUNCT
cjal-3181	225	10	available	available	ADJ
cjal-3181	225	11	in	in	ADP
cjal-3181	225	12	lexis	lexis	NOUN
cjal-3181	225	13	.	.	PUNCT
cjal-3181	226	1	74	74	NUM
cjal-3181	226	2	.	.	X
cjal-3181	227	1	chan	chan	PROPN
cjal-3181	227	2	,	,	PUNCT
cjal-3181	227	3	supra	supra	PROPN
cjal-3181	227	4	note	note	NOUN
cjal-3181	227	5	17	17	NUM
cjal-3181	227	6	.	.	PUNCT
cjal-3181	228	1	75	75	NUM
cjal-3181	228	2	.	.	PUNCT
cjal-3181	229	1	shanghai	shanghai	PROPN
cjal-3181	229	2	shares	share	NOUN
cjal-3181	229	3	close	close	VERB
cjal-3181	229	4	lower	lower	ADV
cjal-3181	229	5	amid	amid	ADP
cjal-3181	229	6	battle	battle	NOUN
cjal-3181	229	7	over	over	ADP
cjal-3181	229	8	feile	feile	NOUN
cjal-3181	229	9	,	,	PUNCT
cjal-3181	229	10	supra	supra	PROPN
cjal-3181	229	11	note	note	NOUN
cjal-3181	229	12	19	19	NUM
cjal-3181	229	13	.	.	NUM
cjal-3181	229	14	76	76	NUM
cjal-3181	229	15	.	.	PUNCT
cjal-3181	230	1	i	i	PRON
cjal-3181	230	2	d.	d.	PROPN
cjal-3181	230	3	77	77	NUM
cjal-3181	230	4	.	.	PUNCT
cjal-3181	231	1	i	i	PRON
cjal-3181	231	2	d.	d.	PROPN
cjal-3181	231	3	columbia	columbia	PROPN
cjal-3181	231	4	journal	journal	PROPN
cjal-3181	231	5	of	of	ADP
cjal-3181	231	6	asian	asian	ADJ
cjal-3181	231	7	law	law	NOUN
cjal-3181	231	8	of	of	ADP
cjal-3181	231	9	feile	feile	NOUN
cjal-3181	231	10	acoustics	acoustic	NOUN
cjal-3181	231	11	up	up	ADP
cjal-3181	231	12	to	to	ADP
cjal-3181	231	13	18.3	18.3	NUM
cjal-3181	231	14	%	%	NOUN
cjal-3181	232	1	and	and	CCONJ
cjal-3181	233	1	announced	announce	VERB
cjal-3181	233	2	its	its	PRON
cjal-3181	233	3	acquisition	acquisition	NOUN
cjal-3181	233	4	to	to	ADP
cjal-3181	233	5	the	the	DET
cjal-3181	233	6	shanghai	shanghai	PROPN
cjal-3181	233	7	stock	stock	PROPN
cjal-3181	233	8	exchange.78	exchange.78	PROPN
cjal-3181	233	9	the	the	DET
cjal-3181	233	10	next	next	ADJ
cjal-3181	233	11	day	day	NOUN
cjal-3181	233	12	,	,	PUNCT
cjal-3181	233	13	feile	feile	NOUN
cjal-3181	233	14	company	company	NOUN
cjal-3181	233	15	made	make	VERB
cjal-3181	233	16	a	a	DET
cjal-3181	233	17	final	final	ADJ
cjal-3181	233	18	purchase	purchase	NOUN
cjal-3181	233	19	to	to	PART
cjal-3181	233	20	increase	increase	VERB
cjal-3181	233	21	its	its	PRON
cjal-3181	233	22	ownership	ownership	NOUN
cjal-3181	233	23	to	to	ADP
cjal-3181	233	24	20.2	20.2	NUM
cjal-3181	233	25	%	%	NOUN
cjal-3181	233	26	.	.	PUNCT
cjal-3181	234	1	in	in	ADP
cjal-3181	234	2	this	this	DET
cjal-3181	234	3	case	case	NOUN
cjal-3181	234	4	,	,	PUNCT
cjal-3181	234	5	it	it	PRON
cjal-3181	234	6	seems	seem	VERB
cjal-3181	234	7	that	that	SCONJ
cjal-3181	234	8	the	the	DET
cjal-3181	234	9	participants	participant	NOUN
cjal-3181	234	10	generally	generally	ADV
cjal-3181	234	11	followed	follow	VERB
cjal-3181	234	12	the	the	DET
cjal-3181	234	13	interim	interim	ADJ
cjal-3181	234	14	securities	security	NOUN
cjal-3181	234	15	regulations	regulation	NOUN
cjal-3181	234	16	and	and	CCONJ
cjal-3181	234	17	consequently	consequently	ADV
cjal-3181	234	18	,	,	PUNCT
cjal-3181	234	19	the	the	DET
cjal-3181	234	20	csrc	csrc	NOUN
cjal-3181	234	21	did	do	AUX
cjal-3181	234	22	not	not	PART
cjal-3181	234	23	intervene	intervene	VERB
cjal-3181	234	24	.	.	PUNCT
cjal-3181	235	1	tianji	tianji	PROPN
cjal-3181	235	2	made	make	VERB
cjal-3181	235	3	its	its	PRON
cjal-3181	235	4	required	require	VERB
cjal-3181	235	5	disclosure	disclosure	NOUN
cjal-3181	235	6	once	once	SCONJ
cjal-3181	235	7	it	it	PRON
cjal-3181	235	8	crossed	cross	VERB
cjal-3181	235	9	the	the	DET
cjal-3181	235	10	fivepercent	fivepercent	ADJ
cjal-3181	235	11	ownership	ownership	NOUN
cjal-3181	235	12	threshold	threshold	NOUN
cjal-3181	235	13	and	and	CCONJ
cjal-3181	235	14	resumed	resume	VERB
cjal-3181	235	15	buying	buy	VERB
cjal-3181	235	16	more	more	ADJ
cjal-3181	235	17	than	than	ADP
cjal-3181	235	18	two	two	NUM
cjal-3181	235	19	days	day	NOUN
cjal-3181	235	20	after	after	ADP
cjal-3181	235	21	its	its	PRON
cjal-3181	235	22	announcement	announcement	NOUN
cjal-3181	235	23	.	.	PUNCT
cjal-3181	236	1	80	80	NUM
cjal-3181	236	2	it	it	PRON
cjal-3181	236	3	also	also	ADV
cjal-3181	236	4	publicly	publicly	ADV
cjal-3181	236	5	announced	announce	VERB
cjal-3181	236	6	its	its	PRON
cjal-3181	236	7	purchase	purchase	NOUN
cjal-3181	236	8	of	of	ADP
cjal-3181	236	9	two	two	NUM
cjal-3181	236	10	percent	percent	NOUN
cjal-3181	236	11	of	of	ADP
cjal-3181	236	12	the	the	DET
cjal-3181	236	13	shares	share	NOUN
cjal-3181	236	14	.	.	PUNCT
cjal-3181	237	1	similarly	similarly	ADV
cjal-3181	237	2	,	,	PUNCT
cjal-3181	237	3	feile	feile	NOUN
cjal-3181	237	4	company	company	NOUN
cjal-3181	237	5	disclosed	disclose	VERB
cjal-3181	237	6	its	its	PRON
cjal-3181	237	7	subsequent	subsequent	ADJ
cjal-3181	237	8	twopercent	twopercent	NOUN
cjal-3181	237	9	purchase	purchase	NOUN
cjal-3181	237	10	of	of	ADP
cjal-3181	237	11	feile	feile	NOUN
cjal-3181	237	12	acoustics	acoustic	NOUN
cjal-3181	237	13	shares	share	NOUN
cjal-3181	237	14	and	and	CCONJ
cjal-3181	237	15	its	its	PRON
cjal-3181	237	16	additional	additional	ADJ
cjal-3181	237	17	share	share	NOUN
cjal-3181	237	18	purchases.8	purchases.8	PROPN
cjal-3181	237	19	'	'	PUNCT
cjal-3181	237	20	it	it	PRON
cjal-3181	237	21	should	should	AUX
cjal-3181	237	22	not	not	PART
cjal-3181	237	23	have	have	AUX
cjal-3181	237	24	made	make	VERB
cjal-3181	237	25	its	its	PRON
cjal-3181	237	26	final	final	ADJ
cjal-3181	237	27	purchase	purchase	NOUN
cjal-3181	237	28	because	because	SCONJ
cjal-3181	237	29	it	it	PRON
cjal-3181	237	30	was	be	AUX
cjal-3181	237	31	within	within	ADP
cjal-3181	237	32	two	two	NUM
cjal-3181	237	33	days	day	NOUN
cjal-3181	237	34	of	of	ADP
cjal-3181	237	35	its	its	PRON
cjal-3181	237	36	announcement	announcement	NOUN
cjal-3181	237	37	,	,	PUNCT
cjal-3181	237	38	but	but	CCONJ
cjal-3181	237	39	there	there	PRON
cjal-3181	237	40	is	be	VERB
cjal-3181	237	41	no	no	DET
cjal-3181	237	42	further	further	ADJ
cjal-3181	237	43	information	information	NOUN
cjal-3181	237	44	as	as	ADP
cjal-3181	237	45	to	to	ADP
cjal-3181	237	46	whether	whether	SCONJ
cjal-3181	237	47	the	the	DET
cjal-3181	237	48	csrc	csrc	NOUN
cjal-3181	237	49	found	find	VERB
cjal-3181	237	50	that	that	PRON
cjal-3181	237	51	feile	feile	NOUN
cjal-3181	237	52	company	company	NOUN
cjal-3181	237	53	had	have	AUX
cjal-3181	237	54	committed	commit	VERB
cjal-3181	237	55	a	a	DET
cjal-3181	237	56	violation	violation	NOUN
cjal-3181	237	57	.	.	PUNCT
cjal-3181	238	1	e.	e.	PROPN
cjal-3181	239	1	the	the	DET
cjal-3181	239	2	interim	interim	ADJ
cjal-3181	239	3	securities	security	NOUN
cjal-3181	239	4	regulations	regulation	NOUN
cjal-3181	239	5	:	:	PUNCT
cjal-3181	239	6	tender	tender	NOUN
cjal-3181	239	7	offer	offer	NOUN
cjal-3181	239	8	regulations	regulation	NOUN
cjal-3181	239	9	the	the	DET
cjal-3181	239	10	second	second	ADJ
cjal-3181	239	11	area	area	NOUN
cjal-3181	239	12	of	of	ADP
cjal-3181	239	13	the	the	DET
cjal-3181	239	14	interim	interim	ADJ
cjal-3181	239	15	securities	security	NOUN
cjal-3181	239	16	regulations	regulation	NOUN
cjal-3181	239	17	regulating	regulate	VERB
cjal-3181	239	18	takeovers	takeover	NOUN
cjal-3181	239	19	concerns	concern	NOUN
cjal-3181	239	20	tender	tender	NOUN
cjal-3181	239	21	offers	offer	NOUN
cjal-3181	239	22	.	.	PUNCT
cjal-3181	240	1	by	by	ADP
cjal-3181	240	2	examining	examine	VERB
cjal-3181	240	3	the	the	DET
cjal-3181	240	4	tender	tender	NOUN
cjal-3181	240	5	offer	offer	NOUN
cjal-3181	240	6	regulations	regulation	NOUN
cjal-3181	240	7	of	of	ADP
cjal-3181	240	8	the	the	DET
cjal-3181	240	9	interim	interim	ADJ
cjal-3181	240	10	securities	security	NOUN
cjal-3181	240	11	regulations	regulation	NOUN
cjal-3181	240	12	,	,	PUNCT
cjal-3181	240	13	one	one	PRON
cjal-3181	240	14	can	can	AUX
cjal-3181	240	15	conclude	conclude	VERB
cjal-3181	240	16	that	that	SCONJ
cjal-3181	240	17	the	the	DET
cjal-3181	240	18	regulations	regulation	NOUN
cjal-3181	240	19	provide	provide	VERB
cjal-3181	240	20	a	a	DET
cjal-3181	240	21	great	great	ADJ
cjal-3181	240	22	degree	degree	NOUN
cjal-3181	240	23	of	of	ADP
cjal-3181	240	24	protection	protection	NOUN
cjal-3181	240	25	to	to	PART
cjal-3181	240	26	target	target	VERB
cjal-3181	240	27	shareholders	shareholder	NOUN
cjal-3181	240	28	by	by	ADP
cjal-3181	240	29	ensuring	ensure	VERB
cjal-3181	240	30	their	their	PRON
cjal-3181	240	31	participation	participation	NOUN
cjal-3181	240	32	in	in	ADP
cjal-3181	240	33	the	the	DET
cjal-3181	240	34	takeover	takeover	NOUN
cjal-3181	240	35	,	,	PUNCT
cjal-3181	240	36	providing	provide	VERB
cjal-3181	240	37	them	they	PRON
cjal-3181	240	38	information	information	NOUN
cjal-3181	240	39	about	about	ADP
cjal-3181	240	40	the	the	DET
cjal-3181	240	41	tender	tender	NOUN
cjal-3181	240	42	offer	offer	NOUN
cjal-3181	240	43	and	and	CCONJ
cjal-3181	240	44	granting	grant	VERB
cjal-3181	240	45	them	they	PRON
cjal-3181	240	46	rights	right	NOUN
cjal-3181	240	47	should	should	AUX
cjal-3181	240	48	they	they	PRON
cjal-3181	240	49	become	become	VERB
cjal-3181	240	50	minority	minority	NOUN
cjal-3181	240	51	shareholders.82	shareholders.82	NOUN
cjal-3181	240	52	first	first	ADV
cjal-3181	240	53	,	,	PUNCT
cjal-3181	240	54	the	the	DET
cjal-3181	240	55	target	target	NOUN
cjal-3181	240	56	shareholders	shareholder	NOUN
cjal-3181	240	57	can	can	AUX
cjal-3181	240	58	fully	fully	ADV
cjal-3181	240	59	participate	participate	VERB
cjal-3181	240	60	in	in	ADP
cjal-3181	240	61	the	the	DET
cjal-3181	240	62	tender	tender	NOUN
cjal-3181	240	63	offer	offer	NOUN
cjal-3181	240	64	at	at	ADP
cjal-3181	240	65	a	a	DET
cjal-3181	240	66	reasonable	reasonable	ADJ
cjal-3181	240	67	cash	cash	NOUN
cjal-3181	240	68	price	price	NOUN
cjal-3181	240	69	.	.	PUNCT
cjal-3181	241	1	once	once	ADV
cjal-3181	241	2	a	a	DET
cjal-3181	241	3	company	company	NOUN
cjal-3181	241	4	beneficially	beneficially	ADV
cjal-3181	241	5	owns	own	VERB
cjal-3181	241	6	30	30	NUM
cjal-3181	241	7	%	%	NOUN
cjal-3181	241	8	of	of	ADP
cjal-3181	241	9	the	the	DET
cjal-3181	241	10	total	total	ADJ
cjal-3181	241	11	outstanding	outstanding	ADJ
cjal-3181	241	12	common	common	ADJ
cjal-3181	241	13	shares	share	NOUN
cjal-3181	241	14	of	of	ADP
cjal-3181	241	15	a	a	DET
cjal-3181	241	16	publicly	publicly	ADV
cjal-3181	241	17	-	-	PUNCT
cjal-3181	241	18	listed	list	VERB
cjal-3181	241	19	company	company	NOUN
cjal-3181	241	20	,	,	PUNCT
cjal-3181	241	21	that	that	SCONJ
cjal-3181	241	22	30	30	NUM
cjal-3181	241	23	%	%	NOUN
cjal-3181	241	24	shareholder	shareholder	NOUN
cjal-3181	241	25	must	must	AUX
cjal-3181	241	26	make	make	VERB
cjal-3181	241	27	a	a	DET
cjal-3181	241	28	mandatory	mandatory	ADJ
cjal-3181	241	29	tender	tender	NOUN
cjal-3181	241	30	offer	offer	NOUN
cjal-3181	241	31	in	in	ADP
cjal-3181	241	32	cash	cash	NOUN
cjal-3181	241	33	to	to	ADP
cjal-3181	241	34	all	all	PRON
cjal-3181	241	35	of	of	ADP
cjal-3181	241	36	the	the	DET
cjal-3181	241	37	target	target	NOUN
cjal-3181	241	38	company	company	NOUN
cjal-3181	241	39	shareholders	shareholder	NOUN
cjal-3181	241	40	at	at	ADP
cjal-3181	241	41	a	a	DET
cjal-3181	241	42	specified	specified	ADJ
cjal-3181	241	43	price	price	NOUN
cjal-3181	241	44	within	within	ADP
cjal-3181	241	45	45	45	NUM
cjal-3181	241	46	days.83	days.83	VERB
cjal-3181	241	47	the	the	DET
cjal-3181	241	48	tender	tender	NOUN
cjal-3181	241	49	offer	offer	NOUN
cjal-3181	241	50	price	price	NOUN
cjal-3181	241	51	is	be	AUX
cjal-3181	241	52	the	the	DET
cjal-3181	241	53	greater	great	ADJ
cjal-3181	241	54	of	of	ADP
cjal-3181	241	55	either	either	CCONJ
cjal-3181	241	56	the	the	DET
cjal-3181	241	57	highest	high	ADJ
cjal-3181	241	58	price	price	NOUN
cjal-3181	241	59	paid	pay	VERB
cjal-3181	241	60	by	by	ADP
cjal-3181	241	61	the	the	DET
cjal-3181	241	62	acquirer	acquirer	NOUN
cjal-3181	241	63	for	for	ADP
cjal-3181	241	64	its	its	PRON
cjal-3181	241	65	shares	share	NOUN
cjal-3181	241	66	during	during	ADP
cjal-3181	241	67	the	the	DET
cjal-3181	241	68	12	12	NUM
cjal-3181	241	69	months	month	NOUN
cjal-3181	241	70	preceding	precede	VERB
cjal-3181	241	71	the	the	DET
cjal-3181	241	72	takeover	takeover	NOUN
cjal-3181	241	73	offer	offer	NOUN
cjal-3181	241	74	,	,	PUNCT
cjal-3181	241	75	or	or	CCONJ
cjal-3181	241	76	the	the	DET
cjal-3181	241	77	average	average	ADJ
cjal-3181	241	78	market	market	NOUN
cjal-3181	241	79	price	price	NOUN
cjal-3181	241	80	of	of	ADP
cjal-3181	241	81	such	such	ADJ
cjal-3181	241	82	shares	share	NOUN
cjal-3181	241	83	during	during	ADP
cjal-3181	241	84	the	the	DET
cjal-3181	241	85	preceding	precede	VERB
cjal-3181	241	86	30	30	NUM
cjal-3181	241	87	-	-	PUNCT
cjal-3181	241	88	working	work	VERB
cjal-3181	241	89	-	-	PUNCT
cjal-3181	241	90	day	day	NOUN
cjal-3181	241	91	period	period	NOUN
cjal-3181	241	92	78	78	NUM
cjal-3181	241	93	.	.	PUNCT
cjal-3181	242	1	chan	chan	PROPN
cjal-3181	242	2	,	,	PUNCT
cjal-3181	242	3	shanghai	shanghai	PROPN
cjal-3181	242	4	listing	list	VERB
cjal-3181	242	5	fortifies	fortify	VERB
cjal-3181	242	6	against	against	ADP
cjal-3181	242	7	takeover	takeover	NOUN
cjal-3181	242	8	from	from	ADP
cjal-3181	242	9	southern	southern	ADJ
cjal-3181	242	10	predator	predator	NOUN
cjal-3181	242	11	,	,	PUNCT
cjal-3181	242	12	s.	s.	PROPN
cjal-3181	242	13	china	china	PROPN
cjal-3181	242	14	morning	morning	PROPN
cjal-3181	242	15	post	post	PROPN
cjal-3181	242	16	,	,	PUNCT
cjal-3181	242	17	jan	jan	PROPN
cjal-3181	242	18	.	.	PROPN
cjal-3181	242	19	11	11	NUM
cjal-3181	242	20	,	,	PUNCT
cjal-3181	242	21	1994	1994	NUM
cjal-3181	242	22	,	,	PUNCT
cjal-3181	242	23	business	business	NOUN
cjal-3181	242	24	at	at	ADP
cjal-3181	242	25	2	2	NUM
cjal-3181	242	26	,	,	PUNCT
cjal-3181	242	27	available	available	ADJ
cjal-3181	242	28	in	in	ADP
cjal-3181	242	29	lexis	lexis	NOUN
cjal-3181	242	30	(	(	PUNCT
cjal-3181	242	31	"	"	PUNCT
cjal-3181	242	32	shanghai	shanghai	PROPN
cjal-3181	242	33	feile	feile	NOUN
cjal-3181	242	34	notified	notify	VERB
cjal-3181	242	35	the	the	DET
cjal-3181	242	36	shanghai	shanghai	PROPN
cjal-3181	242	37	stock	stock	PROPN
cjal-3181	242	38	exchange	exchange	PROPN
cjal-3181	242	39	yesterday	yesterday	NOUN
cjal-3181	242	40	that	that	SCONJ
cjal-3181	242	41	it	it	PRON
cjal-3181	242	42	had	have	AUX
cjal-3181	242	43	increased	increase	VERB
cjal-3181	242	44	its	its	PRON
cjal-3181	242	45	stake	stake	NOUN
cjal-3181	242	46	in	in	ADP
cjal-3181	242	47	feile	feile	NOUN
cjal-3181	242	48	acoustics	acoustic	NOUN
cjal-3181	242	49	to	to	ADP
cjal-3181	242	50	1.84	1.84	NUM
cjal-3181	242	51	million	million	NUM
cjal-3181	242	52	shares	share	NOUN
cjal-3181	242	53	.	.	PUNCT
cjal-3181	243	1	"	"	PUNCT
cjal-3181	243	2	)	)	PUNCT
cjal-3181	243	3	.	.	PUNCT
cjal-3181	244	1	79	79	NUM
cjal-3181	244	2	.	.	PUNCT
cjal-3181	245	1	shanghai	shanghai	PROPN
cjal-3181	245	2	a	a	DET
cjal-3181	245	3	shares	share	NOUN
cjal-3181	245	4	close	close	VERB
cjal-3181	245	5	down	down	ADV
cjal-3181	245	6	,	,	PUNCT
cjal-3181	245	7	but	but	CCONJ
cjal-3181	245	8	gains	gain	NOUN
cjal-3181	245	9	seen	see	VERB
cjal-3181	245	10	,	,	PUNCT
cjal-3181	245	11	supra	supra	PROPN
cjal-3181	245	12	note	note	PROPN
cjal-3181	245	13	21	21	NUM
cjal-3181	245	14	.	.	PUNCT
cjal-3181	245	15	80	80	NUM
cjal-3181	245	16	.	.	PUNCT
cjal-3181	246	1	shanghai	shanghai	PROPN
cjal-3181	246	2	shares	share	NOUN
cjal-3181	246	3	close	close	VERB
cjal-3181	246	4	lower	lower	ADV
cjal-3181	246	5	amid	amid	ADP
cjal-3181	246	6	battle	battle	NOUN
cjal-3181	246	7	over	over	ADP
cjal-3181	246	8	feile	feile	NOUN
cjal-3181	246	9	,	,	PUNCT
cjal-3181	246	10	supra	supra	PROPN
cjal-3181	246	11	note	note	NOUN
cjal-3181	246	12	19	19	NUM
cjal-3181	246	13	.	.	NOUN
cjal-3181	246	14	81	81	NUM
cjal-3181	246	15	.	.	PUNCT
cjal-3181	247	1	i	i	PRON
cjal-3181	247	2	d.	d.	PROPN
cjal-3181	247	3	82	82	NUM
cjal-3181	247	4	.	.	PUNCT
cjal-3181	248	1	interim	interim	ADJ
cjal-3181	248	2	securities	security	NOUN
cjal-3181	248	3	regulations	regulation	NOUN
cjal-3181	248	4	,	,	PUNCT
cjal-3181	248	5	supra	supra	PROPN
cjal-3181	248	6	note	note	NOUN
cjal-3181	248	7	1	1	NUM
cjal-3181	248	8	,	,	PUNCT
cjal-3181	248	9	arts	art	NOUN
cjal-3181	248	10	.	.	PUNCT
cjal-3181	249	1	48	48	NUM
cjal-3181	249	2	52	52	NUM
cjal-3181	249	3	.	.	PUNCT
cjal-3181	250	1	83	83	NUM
cjal-3181	250	2	.	.	PUNCT
cjal-3181	251	1	i	i	PRON
cjal-3181	251	2	d.	d.	PROPN
cjal-3181	251	3	,	,	PUNCT
cjal-3181	251	4	art	art	NOUN
cjal-3181	251	5	.	.	PUNCT
cjal-3181	252	1	48	48	NUM
cjal-3181	252	2	.	.	PUNCT
cjal-3181	253	1	1998	1998	NUM
cjal-3181	253	2	]	]	PUNCT
cjal-3181	253	3	comparison	comparison	NOUN
cjal-3181	253	4	of	of	ADP
cjal-3181	253	5	takeover	takeover	NOUN
cjal-3181	253	6	regulations	regulation	NOUN
cjal-3181	253	7	of	of	ADP
cjal-3181	253	8	us	us	PROPN
cjal-3181	253	9	&	&	CCONJ
cjal-3181	253	10	china	china	PROPN
cjal-3181	253	11	111	111	NUM
cjal-3181	253	12	before	before	SCONJ
cjal-3181	253	13	the	the	DET
cjal-3181	253	14	acquirer	acquirer	NOUN
cjal-3181	253	15	makes	make	VERB
cjal-3181	253	16	the	the	DET
cjal-3181	253	17	tender	tender	NOUN
cjal-3181	253	18	offer	offer	NOUN
cjal-3181	253	19	.	.	PUNCT
cjal-3181	254	1	4	4	NUM
cjal-3181	254	2	since	since	SCONJ
cjal-3181	254	3	the	the	DET
cjal-3181	254	4	offeror	offeror	NOUN
cjal-3181	254	5	must	must	AUX
cjal-3181	254	6	pay	pay	VERB
cjal-3181	254	7	for	for	ADP
cjal-3181	254	8	the	the	DET
cjal-3181	254	9	shares	share	NOUN
cjal-3181	254	10	in	in	ADP
cjal-3181	254	11	cash,85	cash,85	NOUN
cjal-3181	254	12	the	the	DET
cjal-3181	254	13	selling	selling	NOUN
cjal-3181	254	14	shareholder	shareholder	NOUN
cjal-3181	254	15	is	be	AUX
cjal-3181	254	16	assured	assure	VERB
cjal-3181	254	17	of	of	ADP
cjal-3181	254	18	liquid	liquid	ADJ
cjal-3181	254	19	consideration	consideration	NOUN
cjal-3181	254	20	in	in	ADP
cjal-3181	254	21	exchange	exchange	NOUN
cjal-3181	254	22	for	for	ADP
cjal-3181	254	23	its	its	PRON
cjal-3181	254	24	shares	share	NOUN
cjal-3181	254	25	.	.	PUNCT
cjal-3181	255	1	apparently	apparently	ADV
cjal-3181	255	2	no	no	DET
cjal-3181	255	3	alternate	alternate	ADJ
cjal-3181	255	4	financing	financing	NOUN
cjal-3181	255	5	can	can	AUX
cjal-3181	255	6	be	be	AUX
cjal-3181	255	7	used	use	VERB
cjal-3181	255	8	,	,	PUNCT
cjal-3181	255	9	such	such	ADJ
cjal-3181	255	10	as	as	ADP
cjal-3181	255	11	an	an	DET
cjal-3181	255	12	exchange	exchange	NOUN
cjal-3181	255	13	of	of	ADP
cjal-3181	255	14	the	the	DET
cjal-3181	255	15	acquirer	acquirer	NOUN
cjal-3181	255	16	's	's	PART
cjal-3181	255	17	shares	share	NOUN
cjal-3181	255	18	for	for	ADP
cjal-3181	255	19	the	the	DET
cjal-3181	255	20	target	target	NOUN
cjal-3181	255	21	shares.86	shares.86	ADP
cjal-3181	255	22	additionally	additionally	ADV
cjal-3181	255	23	,	,	PUNCT
cjal-3181	255	24	the	the	DET
cjal-3181	255	25	offeror	offeror	NOUN
cjal-3181	255	26	can	can	AUX
cjal-3181	255	27	not	not	PART
cjal-3181	255	28	coerce	coerce	VERB
cjal-3181	255	29	target	target	VERB
cjal-3181	255	30	shareholders	shareholder	NOUN
cjal-3181	255	31	to	to	PART
cjal-3181	255	32	tender	tender	VERB
cjal-3181	255	33	quickly	quickly	ADV
cjal-3181	255	34	.	.	PUNCT
cjal-3181	256	1	the	the	DET
cjal-3181	256	2	tender	tender	NOUN
cjal-3181	256	3	offer	offer	NOUN
cjal-3181	256	4	must	must	AUX
cjal-3181	256	5	be	be	AUX
cjal-3181	256	6	open	open	ADJ
cjal-3181	256	7	for	for	ADP
cjal-3181	256	8	at	at	ADV
cjal-3181	256	9	least	least	ADV
cjal-3181	256	10	30	30	NUM
cjal-3181	256	11	working	working	NOUN
cjal-3181	256	12	days	day	NOUN
cjal-3181	256	13	from	from	ADP
cjal-3181	256	14	the	the	DET
cjal-3181	256	15	date	date	NOUN
cjal-3181	256	16	of	of	ADP
cjal-3181	256	17	issuance87	issuance87	NOUN
cjal-3181	256	18	and	and	CCONJ
cjal-3181	256	19	during	during	ADP
cjal-3181	256	20	that	that	DET
cjal-3181	256	21	time	time	NOUN
cjal-3181	256	22	,	,	PUNCT
cjal-3181	256	23	the	the	DET
cjal-3181	256	24	shareholders	shareholder	NOUN
cjal-3181	256	25	who	who	PRON
cjal-3181	256	26	tender	tender	VERB
cjal-3181	256	27	have	have	VERB
cjal-3181	256	28	the	the	DET
cjal-3181	256	29	right	right	NOUN
cjal-3181	256	30	to	to	PART
cjal-3181	256	31	withdraw	withdraw	VERB
cjal-3181	256	32	their	their	PRON
cjal-3181	256	33	shares.88	shares.88	NOUN
cjal-3181	256	34	also	also	ADV
cjal-3181	256	35	,	,	PUNCT
cjal-3181	256	36	if	if	SCONJ
cjal-3181	256	37	they	they	PRON
cjal-3181	256	38	choose	choose	VERB
cjal-3181	256	39	to	to	PART
cjal-3181	256	40	participate	participate	VERB
cjal-3181	256	41	and	and	CCONJ
cjal-3181	256	42	the	the	DET
cjal-3181	256	43	tender	tender	NOUN
cjal-3181	256	44	offer	offer	NOUN
cjal-3181	256	45	is	be	AUX
cjal-3181	256	46	oversubscribed	oversubscribe	VERB
cjal-3181	256	47	,	,	PUNCT
cjal-3181	256	48	the	the	DET
cjal-3181	256	49	offeror	offeror	NOUN
cjal-3181	256	50	must	must	AUX
cjal-3181	256	51	buy	buy	VERB
cjal-3181	256	52	their	their	PRON
cjal-3181	256	53	shares	share	NOUN
cjal-3181	256	54	on	on	ADP
cjal-3181	256	55	a	a	DET
cjal-3181	256	56	pro	pro	ADJ
cjal-3181	256	57	rata	rata	ADJ
cjal-3181	256	58	basis	basis	NOUN
cjal-3181	256	59	.	.	PUNCT
cjal-3181	257	1	9	9	NUM
cjal-3181	257	2	of	of	ADP
cjal-3181	257	3	course	course	NOUN
cjal-3181	257	4	,	,	PUNCT
cjal-3181	257	5	the	the	DET
cjal-3181	257	6	offeror	offeror	NOUN
cjal-3181	257	7	is	be	AUX
cjal-3181	257	8	not	not	PART
cjal-3181	257	9	obligated	obligate	VERB
cjal-3181	257	10	to	to	PART
cjal-3181	257	11	purchase	purchase	VERB
cjal-3181	257	12	all	all	DET
cjal-3181	257	13	the	the	DET
cjal-3181	257	14	shares	share	NOUN
cjal-3181	257	15	that	that	PRON
cjal-3181	257	16	are	be	AUX
cjal-3181	257	17	tendered	tender	VERB
cjal-3181	257	18	.	.	PUNCT
cjal-3181	258	1	next	next	ADV
cjal-3181	258	2	,	,	PUNCT
cjal-3181	258	3	to	to	PART
cjal-3181	258	4	further	far	ADV
cjal-3181	258	5	ensure	ensure	VERB
cjal-3181	258	6	target	target	NOUN
cjal-3181	258	7	shareholder	shareholder	NOUN
cjal-3181	258	8	participation	participation	NOUN
cjal-3181	258	9	in	in	ADP
cjal-3181	258	10	the	the	DET
cjal-3181	258	11	takeover	takeover	NOUN
cjal-3181	258	12	,	,	PUNCT
cjal-3181	258	13	the	the	DET
cjal-3181	258	14	offeror	offeror	NOUN
cjal-3181	258	15	is	be	AUX
cjal-3181	258	16	restricted	restrict	VERB
cjal-3181	258	17	,	,	PUNCT
cjal-3181	258	18	within	within	ADP
cjal-3181	258	19	the	the	DET
cjal-3181	258	20	45	45	NUM
cjal-3181	258	21	-	-	PUNCT
cjal-3181	258	22	day	day	NOUN
cjal-3181	258	23	period	period	NOUN
cjal-3181	258	24	after	after	ADP
cjal-3181	258	25	becoming	become	VERB
cjal-3181	258	26	a	a	DET
cjal-3181	258	27	30	30	NUM
cjal-3181	258	28	%	%	NOUN
cjal-3181	258	29	shareholder	shareholder	NOUN
cjal-3181	258	30	,	,	PUNCT
cjal-3181	258	31	from	from	ADP
cjal-3181	258	32	buying	buy	VERB
cjal-3181	258	33	shares	share	NOUN
cjal-3181	258	34	until	until	SCONJ
cjal-3181	258	35	it	it	PRON
cjal-3181	258	36	makes	make	VERB
cjal-3181	258	37	its	its	PRON
cjal-3181	258	38	mandatory	mandatory	ADJ
cjal-3181	258	39	tender	tender	NOUN
cjal-3181	258	40	offer.90	offer.90	NOUN
cjal-3181	258	41	once	once	SCONJ
cjal-3181	258	42	the	the	DET
cjal-3181	258	43	tender	tender	NOUN
cjal-3181	258	44	offer	offer	NOUN
cjal-3181	258	45	is	be	AUX
cjal-3181	258	46	made	make	VERB
cjal-3181	258	47	,	,	PUNCT
cjal-3181	258	48	the	the	DET
cjal-3181	258	49	offeror	offeror	NOUN
cjal-3181	258	50	can	can	AUX
cjal-3181	258	51	not	not	PART
cjal-3181	258	52	purchase	purchase	VERB
cjal-3181	258	53	shares	share	NOUN
cjal-3181	258	54	of	of	ADP
cjal-3181	258	55	the	the	DET
cjal-3181	258	56	target	target	NOUN
cjal-3181	258	57	company	company	NOUN
cjal-3181	258	58	during	during	ADP
cjal-3181	258	59	the	the	DET
cjal-3181	258	60	term	term	NOUN
cjal-3181	258	61	of	of	ADP
cjal-3181	258	62	the	the	DET
cjal-3181	258	63	tender	tender	NOUN
cjal-3181	258	64	offer.9	offer.9	PROPN
cjal-3181	258	65	'	'	PUNCT
cjal-3181	258	66	also	also	ADV
cjal-3181	258	67	,	,	PUNCT
cjal-3181	258	68	for	for	ADP
cjal-3181	258	69	30	30	NUM
cjal-3181	258	70	days	day	NOUN
cjal-3181	258	71	after	after	SCONJ
cjal-3181	258	72	the	the	DET
cjal-3181	258	73	tender	tender	NOUN
cjal-3181	258	74	offer	offer	NOUN
cjal-3181	258	75	expires	expire	VERB
cjal-3181	258	76	,	,	PUNCT
cjal-3181	258	77	the	the	DET
cjal-3181	258	78	offeror	offeror	NOUN
cjal-3181	258	79	can	can	AUX
cjal-3181	258	80	only	only	ADV
cjal-3181	258	81	purchase	purchase	VERB
cjal-3181	258	82	shares	share	NOUN
cjal-3181	258	83	on	on	ADP
cjal-3181	258	84	the	the	DET
cjal-3181	258	85	same	same	ADJ
cjal-3181	258	86	terms	term	NOUN
cjal-3181	258	87	as	as	ADP
cjal-3181	258	88	the	the	DET
cjal-3181	258	89	tender	tender	ADJ
cjal-3181	258	90	offer.92	offer.92	NOUN
cjal-3181	258	91	along	along	ADP
cjal-3181	258	92	with	with	ADP
cjal-3181	258	93	ensuring	ensure	VERB
cjal-3181	258	94	full	full	ADJ
cjal-3181	258	95	participation	participation	NOUN
cjal-3181	258	96	for	for	ADP
cjal-3181	258	97	target	target	NOUN
cjal-3181	258	98	shareholders	shareholder	NOUN
cjal-3181	258	99	,	,	PUNCT
cjal-3181	258	100	the	the	DET
cjal-3181	258	101	interim	interim	ADJ
cjal-3181	258	102	securities	security	NOUN
cjal-3181	258	103	regulations	regulation	NOUN
cjal-3181	258	104	gives	give	VERB
cjal-3181	258	105	them	they	PRON
cjal-3181	258	106	"	"	PUNCT
cjal-3181	258	107	a	a	DET
cjal-3181	258	108	right	right	NOUN
cjal-3181	258	109	to	to	PART
cjal-3181	258	110	"	"	PUNCT
cjal-3181	258	111	information	information	NOUN
cjal-3181	258	112	by	by	ADP
cjal-3181	258	113	requiring	require	VERB
cjal-3181	258	114	disclosure	disclosure	NOUN
cjal-3181	258	115	.	.	PUNCT
cjal-3181	259	1	before	before	ADP
cjal-3181	259	2	issuing	issue	VERB
cjal-3181	259	3	the	the	DET
cjal-3181	259	4	tender	tender	NOUN
cjal-3181	259	5	offer	offer	NOUN
cjal-3181	259	6	,	,	PUNCT
cjal-3181	259	7	the	the	DET
cjal-3181	259	8	offeror	offeror	NOUN
cjal-3181	259	9	must	must	AUX
cjal-3181	259	10	file	file	VERB
cjal-3181	259	11	84	84	NUM
cjal-3181	259	12	.	.	PUNCT
cjal-3181	260	1	i	i	PRON
cjal-3181	260	2	d.	d.	PROPN
cjal-3181	260	3	85	85	NUM
cjal-3181	260	4	.	.	PUNCT
cjal-3181	261	1	i	i	PRON
cjal-3181	261	2	d.	d.	PROPN
cjal-3181	261	3	86	86	NUM
cjal-3181	261	4	.	.	PUNCT
cjal-3181	261	5	see	see	VERB
cjal-3181	261	6	roger	roger	PROPN
cjal-3181	261	7	lowenstein	lowenstein	PROPN
cjal-3181	261	8	,	,	PUNCT
cjal-3181	261	9	why	why	SCONJ
cjal-3181	261	10	all	all	DET
cjal-3181	261	11	takeovers	takeover	NOUN
cjal-3181	261	12	are	be	AUX
cjal-3181	261	13	n't	not	PART
cjal-3181	261	14	created	create	VERB
cjal-3181	261	15	equal	equal	ADJ
cjal-3181	261	16	,	,	PUNCT
cjal-3181	261	17	wallst	wallst	PROPN
cjal-3181	261	18	.	.	PUNCT
cjal-3181	262	1	j.	j.	PROPN
cjal-3181	262	2	,	,	PUNCT
cjal-3181	262	3	mar	mar	PROPN
cjal-3181	262	4	.	.	PROPN
cjal-3181	262	5	6	6	NUM
cjal-3181	262	6	,	,	PUNCT
cjal-3181	262	7	1997	1997	NUM
cjal-3181	262	8	,	,	PUNCT
cjal-3181	262	9	at	at	ADP
cjal-3181	262	10	ci	ci	NOUN
cjal-3181	262	11	(	(	PUNCT
cjal-3181	262	12	"	"	PUNCT
cjal-3181	262	13	investors	investor	NOUN
cjal-3181	262	14	are	be	AUX
cjal-3181	262	15	casual	casual	ADJ
cjal-3181	262	16	about	about	ADP
cjal-3181	262	17	whether	whether	SCONJ
cjal-3181	262	18	an	an	DET
cjal-3181	262	19	acquisition	acquisition	NOUN
cjal-3181	262	20	is	be	AUX
cjal-3181	262	21	made	make	VERB
cjal-3181	262	22	with	with	ADP
cjal-3181	262	23	stock	stock	NOUN
cjal-3181	262	24	or	or	CCONJ
cjal-3181	262	25	cash	cash	NOUN
cjal-3181	262	26	,	,	PUNCT
cjal-3181	262	27	but	but	CCONJ
cjal-3181	262	28	the	the	DET
cjal-3181	262	29	dynamics	dynamic	NOUN
cjal-3181	262	30	of	of	ADP
cjal-3181	262	31	these	these	DET
cjal-3181	262	32	deals	deal	NOUN
cjal-3181	262	33	differ	differ	VERB
cjal-3181	262	34	far	far	ADV
cjal-3181	262	35	more	more	ADJ
cjal-3181	262	36	than	than	SCONJ
cjal-3181	262	37	people	people	NOUN
cjal-3181	262	38	realize	realize	VERB
cjal-3181	262	39	.	.	PUNCT
cjal-3181	263	1	so	so	ADV
cjal-3181	263	2	do	do	VERB
cjal-3181	263	3	the	the	DET
cjal-3181	263	4	results	result	NOUN
cjal-3181	263	5	.	.	PUNCT
cjal-3181	264	1	acquirers	acquirer	NOUN
cjal-3181	264	2	who	who	PRON
cjal-3181	264	3	in	in	ADP
cjal-3181	264	4	the	the	DET
cjal-3181	264	5	past	past	NOUN
cjal-3181	264	6	used	use	VERB
cjal-3181	264	7	their	their	PRON
cjal-3181	264	8	stock	stock	NOUN
cjal-3181	264	9	fared	fare	VERB
cjal-3181	264	10	worse	bad	ADJ
cjal-3181	264	11	considerably	considerably	ADV
cjal-3181	264	12	worse	bad	ADJ
cjal-3181	264	13	than	than	ADP
cjal-3181	264	14	those	those	PRON
cjal-3181	264	15	who	who	PRON
cjal-3181	264	16	used	use	VERB
cjal-3181	264	17	cash	cash	NOUN
cjal-3181	264	18	.	.	PUNCT
cjal-3181	265	1	such	such	DET
cjal-3181	265	2	a	a	DET
cjal-3181	265	3	finding	finding	NOUN
cjal-3181	265	4	agrees	agree	VERB
cjal-3181	265	5	with	with	ADP
cjal-3181	265	6	the	the	DET
cjal-3181	265	7	suspicion	suspicion	NOUN
cjal-3181	265	8	,	,	PUNCT
cjal-3181	265	9	previously	previously	ADV
cjal-3181	265	10	aired	air	VERB
cjal-3181	265	11	by	by	ADP
cjal-3181	265	12	a	a	DET
cjal-3181	265	13	certain	certain	ADJ
cjal-3181	265	14	financial	financial	ADJ
cjal-3181	265	15	columnist	columnist	NOUN
cjal-3181	265	16	,	,	PUNCT
cjal-3181	265	17	that	that	SCONJ
cjal-3181	265	18	at	at	ADV
cjal-3181	265	19	least	least	ADJ
cjal-3181	265	20	some	some	PRON
cjal-3181	265	21	share	share	NOUN
cjal-3181	265	22	mergers	merger	NOUN
cjal-3181	265	23	were	be	AUX
cjal-3181	265	24	effected	effect	VERB
cjal-3181	265	25	with	with	ADP
cjal-3181	265	26	financial	financial	ADJ
cjal-3181	265	27	funny	funny	ADJ
cjal-3181	265	28	money	money	NOUN
cjal-3181	265	29	.	.	PUNCT
cjal-3181	266	1	until	until	ADP
cjal-3181	266	2	now	now	ADV
cjal-3181	266	3	,	,	PUNCT
cjal-3181	266	4	itwas	itwa	VERB
cjal-3181	266	5	merely	merely	ADV
cjal-3181	266	6	asuspicion	asuspicion	NOUN
cjal-3181	266	7	.	.	PUNCT
cjal-3181	266	8	"	"	PUNCT
cjal-3181	267	1	the	the	DET
cjal-3181	267	2	article	article	NOUN
cjal-3181	267	3	goes	go	VERB
cjal-3181	267	4	on	on	ADP
cjal-3181	267	5	to	to	PART
cjal-3181	267	6	describe	describe	VERB
cjal-3181	267	7	a	a	DET
cjal-3181	267	8	study	study	NOUN
cjal-3181	267	9	by	by	ADP
cjal-3181	267	10	tim	tim	PROPN
cjal-3181	267	11	loughran	loughran	PROPN
cjal-3181	267	12	and	and	CCONJ
cjal-3181	267	13	anand	anand	PROPN
cjal-3181	267	14	m.	m.	NOUN
cjal-3181	267	15	vijh	vijh	NOUN
cjal-3181	267	16	which	which	PRON
cjal-3181	267	17	found	find	VERB
cjal-3181	267	18	"	"	PUNCT
cjal-3181	267	19	[	[	X
cjal-3181	267	20	c]ompanies	c]ompanie	NOUN
cjal-3181	267	21	that	that	PRON
cjal-3181	267	22	made	make	VERB
cjal-3181	267	23	cash	cash	NOUN
cjal-3181	267	24	acquisitions	acquisition	NOUN
cjal-3181	267	25	saw	see	VERB
cjal-3181	267	26	their	their	PRON
cjal-3181	267	27	stocks	stock	NOUN
cjal-3181	267	28	rise	rise	VERB
cjal-3181	267	29	an	an	DET
cjal-3181	267	30	exuberant	exuberant	ADJ
cjal-3181	267	31	1131	1131	NUM
cjal-3181	267	32	%	%	NOUN
cjal-3181	267	33	in	in	ADP
cjal-3181	267	34	the	the	DET
cjal-3181	267	35	five	five	NUM
cjal-3181	267	36	years	year	NOUN
cjal-3181	267	37	following	follow	VERB
cjal-3181	267	38	the	the	DET
cjal-3181	267	39	merger	merger	NOUN
cjal-3181	267	40	.	.	PUNCT
cjal-3181	268	1	those	those	PRON
cjal-3181	268	2	that	that	PRON
cjal-3181	268	3	used	use	VERB
cjal-3181	268	4	stock	stock	NOUN
cjal-3181	268	5	rose	rise	VERB
cjal-3181	268	6	a	a	DET
cjal-3181	268	7	meager	meager	ADJ
cjal-3181	268	8	61	61	NUM
cjal-3181	268	9	%	%	NOUN
cjal-3181	268	10	.	.	PUNCT
cjal-3181	268	11	"	"	PUNCT
cjal-3181	269	1	in	in	ADP
cjal-3181	269	2	other	other	ADJ
cjal-3181	269	3	words	word	NOUN
cjal-3181	269	4	,	,	PUNCT
cjal-3181	269	5	those	those	DET
cjal-3181	269	6	target	target	NOUN
cjal-3181	269	7	shareholders	shareholder	NOUN
cjal-3181	269	8	who	who	PRON
cjal-3181	269	9	received	receive	VERB
cjal-3181	269	10	cash	cash	NOUN
cjal-3181	269	11	and	and	CCONJ
cjal-3181	269	12	invested	invest	VERB
cjal-3181	269	13	in	in	ADP
cjal-3181	269	14	the	the	DET
cjal-3181	269	15	acquirerwould	acquirerwould	NOUN
cjal-3181	269	16	do	do	VERB
cjal-3181	269	17	far	far	ADV
cjal-3181	269	18	better	well	ADV
cjal-3181	269	19	than	than	ADP
cjal-3181	269	20	those	those	PRON
cjal-3181	269	21	who	who	PRON
cjal-3181	269	22	received	receive	VERB
cjal-3181	269	23	their	their	PRON
cjal-3181	269	24	takeover	takeover	NOUN
cjal-3181	269	25	premium	premium	NOUN
cjal-3181	269	26	in	in	ADP
cjal-3181	269	27	stock	stock	NOUN
cjal-3181	269	28	of	of	ADP
cjal-3181	269	29	the	the	DET
cjal-3181	269	30	acquirer	acquirer	NOUN
cjal-3181	269	31	.	.	PUNCT
cjal-3181	269	32	)	)	PUNCT
cjal-3181	269	33	.	.	PUNCT
cjal-3181	270	1	87	87	NUM
cjal-3181	270	2	.	.	PUNCT
cjal-3181	271	1	interim	interim	ADJ
cjal-3181	271	2	securities	security	NOUN
cjal-3181	271	3	regulations	regulation	NOUN
cjal-3181	271	4	,	,	PUNCT
cjal-3181	271	5	supra	supra	PROPN
cjal-3181	271	6	note	note	NOUN
cjal-3181	271	7	1	1	NUM
cjal-3181	271	8	,	,	PUNCT
cjal-3181	271	9	art	art	NOUN
cjal-3181	271	10	.	.	PUNCT
cjal-3181	272	1	49	49	NUM
cjal-3181	272	2	.	.	PUNCT
cjal-3181	273	1	88	88	NUM
cjal-3181	273	2	.	.	PUNCT
cjal-3181	274	1	i	i	PRON
cjal-3181	274	2	d.	d.	PROPN
cjal-3181	274	3	,	,	PUNCT
cjal-3181	274	4	art	art	NOUN
cjal-3181	274	5	.	.	PUNCT
cjal-3181	275	1	52	52	NUM
cjal-3181	275	2	(	(	PUNCT
cjal-3181	275	3	"	"	PUNCT
cjal-3181	275	4	until	until	SCONJ
cjal-3181	275	5	a	a	DET
cjal-3181	275	6	tender	tender	NOUN
cjal-3181	275	7	offer	offer	NOUN
cjal-3181	275	8	becomes	become	VERB
cjal-3181	275	9	void	void	ADJ
cjal-3181	275	10	,	,	PUNCT
cjal-3181	275	11	offerees	offeree	NOUN
cjal-3181	275	12	who	who	PRON
cjal-3181	275	13	have	have	AUX
cjal-3181	275	14	preliminary	preliminary	ADJ
cjal-3181	275	15	accepted	accept	VERB
cjal-3181	275	16	the	the	DET
cjal-3181	275	17	offer	offer	NOUN
cjal-3181	275	18	shall	shall	AUX
cjal-3181	275	19	have	have	VERB
cjal-3181	275	20	the	the	DET
cjal-3181	275	21	right	right	NOUN
cjal-3181	275	22	to	to	PART
cjal-3181	275	23	withdraw	withdraw	VERB
cjal-3181	275	24	their	their	PRON
cjal-3181	275	25	preliminary	preliminary	ADJ
cjal-3181	275	26	acceptance	acceptance	NOUN
cjal-3181	275	27	.	.	PUNCT
cjal-3181	275	28	"	"	PUNCT
cjal-3181	275	29	)	)	PUNCT
cjal-3181	275	30	.	.	PUNCT
cjal-3181	276	1	89	89	NUM
cjal-3181	276	2	.	.	PUNCT
cjal-3181	277	1	i	i	PRON
cjal-3181	277	2	d.	d.	PROPN
cjal-3181	277	3	,	,	PUNCT
cjal-3181	277	4	arts	art	NOUN
cjal-3181	277	5	.	.	PUNCT
cjal-3181	278	1	51	51	NUM
cjal-3181	279	1	-52	-52	PROPN
cjal-3181	279	2	.	.	PUNCT
cjal-3181	280	1	90	90	NUM
cjal-3181	280	2	.	.	PUNCT
cjal-3181	281	1	i	i	PRON
cjal-3181	281	2	d.	d.	PROPN
cjal-3181	281	3	,	,	PUNCT
cjal-3181	281	4	art.48	art.48	PROPN
cjal-3181	281	5	.	.	PROPN
cjal-3181	281	6	91	91	NUM
cjal-3181	281	7	.	.	PUNCT
cjal-3181	282	1	i	i	PRON
cjal-3181	282	2	d.	d.	PROPN
cjal-3181	282	3	,	,	PUNCT
cjal-3181	282	4	art	art	NOUN
cjal-3181	282	5	.	.	PUNCT
cjal-3181	283	1	52	52	NUM
cjal-3181	283	2	.	.	X
cjal-3181	284	1	92	92	NUM
cjal-3181	284	2	.	.	PUNCT
cjal-3181	285	1	i	i	PRON
cjal-3181	285	2	d.	d.	PROPN
cjal-3181	285	3	columbia	columbia	PROPN
cjal-3181	285	4	journal	journal	PROPN
cjal-3181	285	5	of	of	ADP
cjal-3181	285	6	asian	asian	ADJ
cjal-3181	285	7	law	law	PROPN
cjal-3181	285	8	a	a	DET
cjal-3181	285	9	report	report	NOUN
cjal-3181	285	10	with	with	ADP
cjal-3181	285	11	the	the	DET
cjal-3181	285	12	csrc.93	csrc.93	NOUN
cjal-3181	285	13	the	the	DET
cjal-3181	285	14	csrc	csrc	NOUN
cjal-3181	285	15	,	,	PUNCT
cjal-3181	285	16	in	in	ADP
cjal-3181	285	17	turn	turn	NOUN
cjal-3181	285	18	,	,	PUNCT
cjal-3181	285	19	discloses	disclose	VERB
cjal-3181	285	20	the	the	DET
cjal-3181	285	21	report	report	NOUN
cjal-3181	285	22	to	to	ADP
cjal-3181	285	23	the	the	DET
cjal-3181	285	24	public	public	NOUN
cjal-3181	285	25	and	and	CCONJ
cjal-3181	285	26	makes	make	VERB
cjal-3181	285	27	it	it	PRON
cjal-3181	285	28	available	available	ADJ
cjal-3181	285	29	to	to	PART
cjal-3181	285	30	investors.94	investors.94	VERB
cjal-3181	285	31	once	once	ADV
cjal-3181	285	32	the	the	DET
cjal-3181	285	33	tender	tender	NOUN
cjal-3181	285	34	offer	offer	NOUN
cjal-3181	285	35	is	be	AUX
cjal-3181	285	36	made	make	VERB
cjal-3181	285	37	,	,	PUNCT
cjal-3181	285	38	the	the	DET
cjal-3181	285	39	offeror	offeror	NOUN
cjal-3181	285	40	must	must	AUX
cjal-3181	285	41	disclose	disclose	VERB
cjal-3181	285	42	information	information	NOUN
cjal-3181	285	43	about	about	ADP
cjal-3181	285	44	itself	itself	PRON
cjal-3181	285	45	and	and	CCONJ
cjal-3181	285	46	the	the	DET
cjal-3181	285	47	offer	offer	NOUN
cjal-3181	285	48	to	to	ADP
cjal-3181	285	49	the	the	DET
cjal-3181	285	50	target	target	NOUN
cjal-3181	285	51	shareholders	shareholder	NOUN
cjal-3181	285	52	and	and	CCONJ
cjal-3181	285	53	the	the	DET
cjal-3181	285	54	securities	security	NOUN
cjal-3181	285	55	exchange	exchange	NOUN
cjal-3181	285	56	.	.	PUNCT
cjal-3181	286	1	95	95	NUM
cjal-3181	287	1	the	the	DET
cjal-3181	287	2	offeror	offeror	NOUN
cjal-3181	287	3	guarantees	guarantee	VERB
cjal-3181	287	4	the	the	DET
cjal-3181	287	5	accuracy	accuracy	NOUN
cjal-3181	287	6	of	of	ADP
cjal-3181	287	7	its	its	PRON
cjal-3181	287	8	filing	filing	NOUN
cjal-3181	287	9	by	by	ADP
cjal-3181	287	10	warranting	warrant	VERB
cjal-3181	287	11	that	that	SCONJ
cjal-3181	287	12	"	"	PUNCT
cjal-3181	287	13	the	the	DET
cjal-3181	287	14	information	information	NOUN
cjal-3181	287	15	is	be	AUX
cjal-3181	287	16	truthful	truthful	ADJ
cjal-3181	287	17	,	,	PUNCT
cjal-3181	287	18	accurate	accurate	ADJ
cjal-3181	287	19	,	,	PUNCT
cjal-3181	287	20	complete	complete	ADJ
cjal-3181	287	21	and	and	CCONJ
cjal-3181	287	22	not	not	PART
cjal-3181	287	23	misleading	misleading	ADJ
cjal-3181	287	24	.	.	PUNCT
cjal-3181	288	1	9	9	NUM
cjal-3181	288	2	6	6	NUM
cjal-3181	288	3	finally	finally	ADV
cjal-3181	288	4	,	,	PUNCT
cjal-3181	288	5	while	while	SCONJ
cjal-3181	288	6	the	the	DET
cjal-3181	288	7	tender	tender	NOUN
cjal-3181	288	8	offer	offer	NOUN
cjal-3181	288	9	is	be	AUX
cjal-3181	288	10	outstanding	outstanding	ADJ
cjal-3181	288	11	,	,	PUNCT
cjal-3181	288	12	the	the	DET
cjal-3181	288	13	offeror	offeror	NOUN
cjal-3181	288	14	must	must	AUX
cjal-3181	288	15	notify	notify	VERB
cjal-3181	288	16	the	the	DET
cjal-3181	288	17	target	target	NOUN
cjal-3181	288	18	shareholders	shareholder	NOUN
cjal-3181	288	19	of	of	ADP
cjal-3181	288	20	any	any	DET
cjal-3181	288	21	changes	change	NOUN
cjal-3181	288	22	through	through	ADP
cjal-3181	288	23	a	a	DET
cjal-3181	288	24	press	press	NOUN
cjal-3181	288	25	conference	conference	NOUN
cjal-3181	288	26	,	,	PUNCT
cjal-3181	288	27	an	an	DET
cjal-3181	288	28	announcement	announcement	NOUN
cjal-3181	288	29	in	in	ADP
cjal-3181	288	30	a	a	DET
cjal-3181	288	31	newspaper	newspaper	NOUN
cjal-3181	288	32	,	,	PUNCT
cjal-3181	288	33	or	or	CCONJ
cjal-3181	288	34	through	through	ADP
cjal-3181	288	35	any	any	DET
cjal-3181	288	36	other	other	ADJ
cjal-3181	288	37	means	mean	NOUN
cjal-3181	288	38	of	of	ADP
cjal-3181	288	39	dissemination	dissemination	NOUN
cjal-3181	288	40	.	.	PUNCT
cjal-3181	289	1	97	97	NUM
cjal-3181	289	2	finally	finally	ADV
cjal-3181	289	3	,	,	PUNCT
cjal-3181	289	4	since	since	SCONJ
cjal-3181	289	5	the	the	DET
cjal-3181	289	6	target	target	NOUN
cjal-3181	289	7	shareholders	shareholder	NOUN
cjal-3181	289	8	have	have	VERB
cjal-3181	289	9	a	a	DET
cjal-3181	289	10	second	second	ADJ
cjal-3181	289	11	chance	chance	NOUN
cjal-3181	289	12	to	to	PART
cjal-3181	289	13	sell	sell	VERB
cjal-3181	289	14	their	their	PRON
cjal-3181	289	15	shares	share	NOUN
cjal-3181	289	16	after	after	SCONJ
cjal-3181	289	17	the	the	DET
cjal-3181	289	18	tender	tender	NOUN
cjal-3181	289	19	offer	offer	NOUN
cjal-3181	289	20	closes	close	VERB
cjal-3181	289	21	,	,	PUNCT
cjal-3181	289	22	they	they	PRON
cjal-3181	289	23	can	can	AUX
cjal-3181	289	24	avoid	avoid	VERB
cjal-3181	289	25	becoming	become	VERB
cjal-3181	289	26	minority	minority	ADJ
cjal-3181	289	27	shareholders	shareholder	NOUN
cjal-3181	289	28	.	.	PUNCT
cjal-3181	290	1	if	if	SCONJ
cjal-3181	290	2	the	the	DET
cjal-3181	290	3	tender	tender	NOUN
cjal-3181	290	4	offer	offer	NOUN
cjal-3181	290	5	expires	expire	VERB
cjal-3181	290	6	and	and	CCONJ
cjal-3181	290	7	the	the	DET
cjal-3181	290	8	acquirer	acquirer	NOUN
cjal-3181	290	9	has	have	VERB
cjal-3181	290	10	less	less	ADJ
cjal-3181	290	11	than	than	ADP
cjal-3181	290	12	majority	majority	NOUN
cjal-3181	290	13	ownership	ownership	NOUN
cjal-3181	290	14	,	,	PUNCT
cjal-3181	290	15	and	and	CCONJ
cjal-3181	290	16	unless	unless	SCONJ
cjal-3181	290	17	the	the	DET
cjal-3181	290	18	acquirer	acquirer	NOUN
cjal-3181	290	19	issues	issue	VERB
cjal-3181	290	20	another	another	DET
cjal-3181	290	21	tender	tender	NOUN
cjal-3181	290	22	offer	offer	NOUN
cjal-3181	290	23	,	,	PUNCT
cjal-3181	290	24	it	it	PRON
cjal-3181	290	25	can	can	AUX
cjal-3181	290	26	purchase	purchase	VERB
cjal-3181	290	27	only	only	ADV
cjal-3181	290	28	another	another	DET
cjal-3181	290	29	five	five	NUM
cjal-3181	290	30	percent	percent	NOUN
cjal-3181	290	31	of	of	ADP
cjal-3181	290	32	the	the	DET
cjal-3181	290	33	target	target	NOUN
cjal-3181	290	34	company	company	NOUN
cjal-3181	290	35	's	's	PART
cjal-3181	290	36	outstanding	outstanding	ADJ
cjal-3181	290	37	shares	share	NOUN
cjal-3181	290	38	per	per	ADP
cjal-3181	290	39	year.98	year.98	ADJ
cjal-3181	290	40	in	in	ADP
cjal-3181	290	41	this	this	DET
cjal-3181	290	42	way	way	NOUN
cjal-3181	290	43	,	,	PUNCT
cjal-3181	290	44	the	the	DET
cjal-3181	290	45	controlling	control	VERB
cjal-3181	290	46	shareholder	shareholder	NOUN
cjal-3181	290	47	can	can	AUX
cjal-3181	290	48	not	not	PART
cjal-3181	290	49	easily	easily	ADV
cjal-3181	290	50	gain	gain	VERB
cjal-3181	290	51	majority	majority	NOUN
cjal-3181	290	52	ownership	ownership	NOUN
cjal-3181	290	53	without	without	ADP
cjal-3181	290	54	making	make	VERB
cjal-3181	290	55	a	a	DET
cjal-3181	290	56	tender	tender	NOUN
cjal-3181	290	57	offer	offer	NOUN
cjal-3181	290	58	to	to	ADP
cjal-3181	290	59	the	the	DET
cjal-3181	290	60	remaining	remain	VERB
cjal-3181	290	61	shareholders	shareholder	NOUN
cjal-3181	290	62	who	who	PRON
cjal-3181	290	63	can	can	AUX
cjal-3181	290	64	at	at	ADV
cjal-3181	290	65	least	least	ADJ
cjal-3181	290	66	participate	participate	VERB
cjal-3181	290	67	pro	pro	ADJ
cjal-3181	290	68	rata.99	rata.99	NOUN
cjal-3181	290	69	if	if	SCONJ
cjal-3181	290	70	the	the	DET
cjal-3181	290	71	tender	tender	NOUN
cjal-3181	290	72	offer	offer	NOUN
cjal-3181	290	73	expires	expire	VERB
cjal-3181	290	74	and	and	CCONJ
cjal-3181	290	75	the	the	DET
cjal-3181	290	76	acquirer	acquirer	NOUN
cjal-3181	290	77	has	have	VERB
cjal-3181	290	78	90	90	NUM
cjal-3181	290	79	%	%	NOUN
cjal-3181	290	80	of	of	ADP
cjal-3181	290	81	the	the	DET
cjal-3181	290	82	total	total	ADJ
cjal-3181	290	83	outstanding	outstanding	ADJ
cjal-3181	290	84	shares	share	NOUN
cjal-3181	290	85	of	of	ADP
cjal-3181	290	86	the	the	DET
cjal-3181	290	87	target	target	NOUN
cjal-3181	290	88	company	company	NOUN
cjal-3181	290	89	,	,	PUNCT
cjal-3181	290	90	the	the	DET
cjal-3181	290	91	remaining	remain	VERB
cjal-3181	290	92	shareholders	shareholder	NOUN
cjal-3181	290	93	can	can	AUX
cjal-3181	290	94	enforce	enforce	VERB
cjal-3181	290	95	the	the	DET
cjal-3181	290	96	sale	sale	NOUN
cjal-3181	290	97	of	of	ADP
cjal-3181	290	98	their	their	PRON
cjal-3181	290	99	shares	share	NOUN
cjal-3181	290	100	to	to	ADP
cjal-3181	290	101	the	the	DET
cjal-3181	290	102	offeror	offeror	NOUN
cjal-3181	290	103	on	on	ADP
cjal-3181	290	104	"	"	PUNCT
cjal-3181	290	105	equal	equal	ADJ
cjal-3181	290	106	conditions	condition	NOUN
cjal-3181	290	107	.	.	PUNCT
cjal-3181	290	108	"	"	PUNCT
cjal-3181	291	1	100	100	NUM
cjal-3181	291	2	the	the	DET
cjal-3181	291	3	remaining	remain	VERB
cjal-3181	291	4	shareholders	shareholder	NOUN
cjal-3181	291	5	have	have	VERB
cjal-3181	291	6	the	the	DET
cjal-3181	291	7	right	right	NOUN
cjal-3181	291	8	to	to	PART
cjal-3181	291	9	have	have	AUX
cjal-3181	291	10	the	the	DET
cjal-3181	291	11	tender	tender	ADJ
cjal-3181	291	12	offer	offer	NOUN
cjal-3181	291	13	extended	extend	VERB
cjal-3181	291	14	to	to	ADP
cjal-3181	291	15	their	their	PRON
cjal-3181	291	16	shares	share	NOUN
cjal-3181	291	17	;	;	PUNCT
cjal-3181	291	18	they	they	PRON
cjal-3181	291	19	can	can	AUX
cjal-3181	291	20	avoid	avoid	VERB
cjal-3181	291	21	a	a	DET
cjal-3181	291	22	freeze	freeze	VERB
cjal-3181	291	23	-	-	PUNCT
cjal-3181	291	24	out	out	ADP
cjal-3181	291	25	merger	merger	NOUN
cjal-3181	291	26	on	on	ADP
cjal-3181	291	27	terms	term	NOUN
cjal-3181	291	28	less	less	ADV
cjal-3181	291	29	favorable	favorable	ADJ
cjal-3181	291	30	than	than	ADP
cjal-3181	291	31	those	those	PRON
cjal-3181	291	32	of	of	ADP
cjal-3181	291	33	the	the	DET
cjal-3181	291	34	tender	tender	NOUN
cjal-3181	291	35	offer	offer	NOUN
cjal-3181	291	36	.	.	PUNCT
cjal-3181	292	1	f.	f.	PROPN
cjal-3181	292	2	early	early	PROPN
cjal-3181	292	3	tender	tender	NOUN
cjal-3181	292	4	offers	offer	VERB
cjal-3181	292	5	before	before	ADP
cjal-3181	292	6	the	the	DET
cjal-3181	292	7	30	30	NUM
cjal-3181	292	8	%	%	NOUN
cjal-3181	292	9	equity	equity	NOUN
cjal-3181	292	10	ownership	ownership	NOUN
cjal-3181	292	11	threshold	threshold	NOUN
cjal-3181	292	12	a	a	DET
cjal-3181	292	13	takeover	takeover	NOUN
cjal-3181	292	14	strategy	strategy	NOUN
cjal-3181	292	15	that	that	PRON
cjal-3181	292	16	is	be	AUX
cjal-3181	292	17	not	not	PART
cjal-3181	292	18	explicitly	explicitly	ADV
cjal-3181	292	19	addressed	address	VERB
cjal-3181	292	20	by	by	ADP
cjal-3181	292	21	the	the	DET
cjal-3181	292	22	tender	tender	NOUN
cjal-3181	292	23	offer	offer	NOUN
cjal-3181	292	24	regulations	regulation	NOUN
cjal-3181	292	25	is	be	AUX
cjal-3181	292	26	that	that	PRON
cjal-3181	292	27	of	of	ADP
cjal-3181	292	28	making	make	VERB
cjal-3181	292	29	a	a	DET
cjal-3181	292	30	tender	tender	NOUN
cjal-3181	292	31	offer	offer	NOUN
cjal-3181	292	32	before	before	ADP
cjal-3181	292	33	reaching	reach	VERB
cjal-3181	292	34	the	the	DET
cjal-3181	292	35	mandatory	mandatory	ADJ
cjal-3181	292	36	threshold	threshold	NOUN
cjal-3181	292	37	level	level	NOUN
cjal-3181	292	38	.	.	PUNCT
cjal-3181	293	1	after	after	SCONJ
cjal-3181	293	2	the	the	DET
cjal-3181	293	3	bao	bao	PROPN
cjal-3181	293	4	an	an	DET
cjal-3181	293	5	takeover	takeover	NOUN
cjal-3181	293	6	attempt	attempt	NOUN
cjal-3181	293	7	concluded	conclude	VERB
cjal-3181	293	8	,	,	PUNCT
cjal-3181	293	9	csrc	csrc	NOUN
cjal-3181	293	10	's	's	PART
cjal-3181	293	11	general	general	ADJ
cjal-3181	293	12	counsel	counsel	NOUN
cjal-3181	293	13	mr	mr	PROPN
cjal-3181	293	14	.	.	PROPN
cjal-3181	293	15	gao	gao	PROPN
cjal-3181	293	16	xiqing	xiqing	PROPN
cjal-3181	293	17	stated	state	VERB
cjal-3181	293	18	,	,	PUNCT
cjal-3181	293	19	"	"	PUNCT
cjal-3181	293	20	if	if	SCONJ
cjal-3181	293	21	you	you	PRON
cjal-3181	293	22	want	want	VERB
cjal-3181	293	23	to	to	PART
cjal-3181	293	24	do	do	VERB
cjal-3181	293	25	a	a	DET
cjal-3181	293	26	93	93	NUM
cjal-3181	293	27	.	.	PUNCT
cjal-3181	294	1	i	i	PRON
cjal-3181	294	2	d.	d.	PROPN
cjal-3181	294	3	,	,	PUNCT
cjal-3181	294	4	art	art	NOUN
cjal-3181	294	5	.	.	PUNCT
cjal-3181	295	1	49	49	NUM
cjal-3181	295	2	.	.	PUNCT
cjal-3181	296	1	94	94	NUM
cjal-3181	296	2	.	.	PUNCT
cjal-3181	297	1	i	i	PRON
cjal-3181	297	2	d.	d.	PROPN
cjal-3181	297	3	,	,	PUNCT
cjal-3181	297	4	art	art	NOUN
cjal-3181	297	5	.	.	PUNCT
cjal-3181	298	1	64	64	NUM
cjal-3181	298	2	.	.	X
cjal-3181	299	1	95	95	NUM
cjal-3181	299	2	.	.	PUNCT
cjal-3181	300	1	i	i	PRON
cjal-3181	300	2	d.	d.	PROPN
cjal-3181	300	3	,	,	PUNCT
cjal-3181	300	4	art	art	NOUN
cjal-3181	300	5	.	.	PUNCT
cjal-3181	301	1	49	49	NUM
cjal-3181	301	2	.	.	PUNCT
cjal-3181	302	1	96	96	NUM
cjal-3181	302	2	.	.	PUNCT
cjal-3181	303	1	i	i	PRON
cjal-3181	303	2	d.	d.	PROPN
cjal-3181	303	3	97	97	NUM
cjal-3181	303	4	.	.	PUNCT
cjal-3181	304	1	i	i	PRON
cjal-3181	304	2	d.	d.	PROPN
cjal-3181	304	3	,	,	PUNCT
cjal-3181	304	4	art	art	NOUN
cjal-3181	304	5	.	.	PUNCT
cjal-3181	305	1	52	52	NUM
cjal-3181	305	2	,	,	PUNCT
cjal-3181	305	3	para	para	NOUN
cjal-3181	305	4	.	.	PUNCT
cjal-3181	306	1	1	1	NUM
cjal-3181	306	2	.	.	X
cjal-3181	307	1	98	98	NUM
cjal-3181	307	2	.	.	PUNCT
cjal-3181	308	1	i	i	PRON
cjal-3181	308	2	d.	d.	PROPN
cjal-3181	308	3	,	,	PUNCT
cjal-3181	308	4	art	art	NOUN
cjal-3181	308	5	.	.	PUNCT
cjal-3181	309	1	51	51	NUM
cjal-3181	309	2	.	.	NUM
cjal-3181	310	1	99	99	NUM
cjal-3181	310	2	.	.	PUNCT
cjal-3181	311	1	i	i	PRON
cjal-3181	311	2	d.	d.	PROPN
cjal-3181	311	3	100	100	NUM
cjal-3181	311	4	.	.	PUNCT
cjal-3181	312	1	i	i	PRON
cjal-3181	312	2	d.	d.	PROPN
cjal-3181	312	3	,	,	PUNCT
cjal-3181	312	4	art	art	NOUN
cjal-3181	312	5	.	.	PUNCT
cjal-3181	313	1	51	51	NUM
cjal-3181	313	2	,	,	PUNCT
cjal-3181	313	3	para	para	NOUN
cjal-3181	313	4	.	.	PUNCT
cjal-3181	314	1	4	4	X
cjal-3181	314	2	.	.	PUNCT
cjal-3181	315	1	[	[	X
cjal-3181	315	2	12:1	12:1	NUM
cjal-3181	315	3	1998	1998	NUM
cjal-3181	315	4	]	]	PUNCT
cjal-3181	315	5	comparison	comparison	NOUN
cjal-3181	315	6	of	of	ADP
cjal-3181	315	7	takeover	takeover	NOUN
cjal-3181	315	8	regulations	regulation	NOUN
cjal-3181	315	9	of	of	ADP
cjal-3181	315	10	us	us	PROPN
cjal-3181	315	11	&	&	CCONJ
cjal-3181	315	12	china	china	PROPN
cjal-3181	315	13	113	113	NUM
cjal-3181	315	14	takeover	takeover	NOUN
cjal-3181	315	15	overnight	overnight	ADV
cjal-3181	315	16	,	,	PUNCT
cjal-3181	315	17	there	there	PRON
cjal-3181	315	18	's	be	VERB
cjal-3181	315	19	only	only	ADV
cjal-3181	315	20	one	one	NUM
cjal-3181	315	21	way	way	NOUN
cjal-3181	315	22	.	.	PUNCT
cjal-3181	316	1	you	you	PRON
cjal-3181	316	2	have	have	VERB
cjal-3181	316	3	to	to	PART
cjal-3181	316	4	make	make	VERB
cjal-3181	316	5	a	a	DET
cjal-3181	316	6	general	general	ADJ
cjal-3181	316	7	offer	offer	NOUN
cjal-3181	316	8	.	.	PUNCT
cjal-3181	316	9	"	"	PUNCT
cjal-3181	317	1	he	he	PRON
cjal-3181	317	2	went	go	VERB
cjal-3181	317	3	on	on	ADP
cjal-3181	317	4	to	to	PART
cjal-3181	317	5	say	say	VERB
cjal-3181	317	6	,	,	PUNCT
cjal-3181	317	7	"	"	PUNCT
cjal-3181	317	8	the	the	DET
cjal-3181	317	9	message	message	NOUN
cjal-3181	317	10	is	be	AUX
cjal-3181	317	11	this	this	PRON
cjal-3181	317	12	:	:	PUNCT
cjal-3181	317	13	if	if	SCONJ
cjal-3181	317	14	anyone	anyone	PRON
cjal-3181	317	15	wants	want	VERB
cjal-3181	317	16	to	to	PART
cjal-3181	317	17	make	make	VERB
cjal-3181	317	18	massive	massive	ADJ
cjal-3181	317	19	purchases	purchase	NOUN
cjal-3181	317	20	of	of	ADP
cjal-3181	317	21	shares	share	NOUN
cjal-3181	317	22	in	in	ADP
cjal-3181	317	23	a	a	DET
cjal-3181	317	24	company	company	NOUN
cjal-3181	317	25	whether	whether	SCONJ
cjal-3181	317	26	they	they	PRON
cjal-3181	317	27	want	want	VERB
cjal-3181	317	28	to	to	PART
cjal-3181	317	29	take	take	VERB
cjal-3181	317	30	control	control	NOUN
cjal-3181	317	31	or	or	CCONJ
cjal-3181	317	32	not	not	PART
cjal-3181	317	33	they	they	PRON
cjal-3181	317	34	must	must	AUX
cjal-3181	317	35	take	take	VERB
cjal-3181	317	36	heed	heed	NOUN
cjal-3181	317	37	of	of	ADP
cjal-3181	317	38	the	the	DET
cjal-3181	317	39	philosophy	philosophy	NOUN
cjal-3181	317	40	of	of	ADP
cjal-3181	317	41	law	law	NOUN
cjal-3181	317	42	as	as	ADV
cjal-3181	317	43	well	well	ADV
cjal-3181	317	44	as	as	ADP
cjal-3181	317	45	of	of	ADP
cjal-3181	317	46	the	the	DET
cjal-3181	317	47	specific	specific	ADJ
cjal-3181	317	48	regulations	regulation	NOUN
cjal-3181	317	49	.	.	PUNCT
cjal-3181	318	1	""1	""1	VERB
cjal-3181	318	2	°	°	ADP
cjal-3181	319	1	the	the	DET
cjal-3181	319	2	implication	implication	NOUN
cjal-3181	319	3	is	be	AUX
cjal-3181	319	4	that	that	SCONJ
cjal-3181	319	5	although	although	SCONJ
cjal-3181	319	6	the	the	DET
cjal-3181	319	7	interim	interim	ADJ
cjal-3181	319	8	securities	security	NOUN
cjal-3181	319	9	regulations	regulation	NOUN
cjal-3181	319	10	do	do	AUX
cjal-3181	319	11	not	not	PART
cjal-3181	319	12	specifically	specifically	ADV
cjal-3181	319	13	allow	allow	VERB
cjal-3181	319	14	a	a	DET
cjal-3181	319	15	tender	tender	NOUN
cjal-3181	319	16	offer	offer	NOUN
cjal-3181	319	17	to	to	PART
cjal-3181	319	18	be	be	AUX
cjal-3181	319	19	made	make	VERB
cjal-3181	319	20	before	before	ADP
cjal-3181	319	21	the	the	DET
cjal-3181	319	22	30	30	NUM
cjal-3181	319	23	%	%	NOUN
cjal-3181	319	24	threshold	threshold	NOUN
cjal-3181	319	25	,	,	PUNCT
cjal-3181	319	26	a	a	DET
cjal-3181	319	27	company	company	NOUN
cjal-3181	319	28	can	can	AUX
cjal-3181	319	29	make	make	VERB
cjal-3181	319	30	a	a	DET
cjal-3181	319	31	tender	tender	NOUN
cjal-3181	319	32	offer	offer	NOUN
cjal-3181	319	33	at	at	ADP
cjal-3181	319	34	any	any	DET
cjal-3181	319	35	time	time	NOUN
cjal-3181	319	36	as	as	ADV
cjal-3181	319	37	long	long	ADV
cjal-3181	319	38	as	as	SCONJ
cjal-3181	319	39	one	one	PRON
cjal-3181	319	40	conforms	conform	VERB
cjal-3181	319	41	to	to	ADP
cjal-3181	319	42	the	the	DET
cjal-3181	319	43	tender	tender	NOUN
cjal-3181	319	44	offer	offer	NOUN
cjal-3181	319	45	regulations	regulation	NOUN
cjal-3181	319	46	.	.	PUNCT
cjal-3181	320	1	pursuant	pursuant	ADJ
cjal-3181	320	2	to	to	ADP
cjal-3181	320	3	article	article	NOUN
cjal-3181	320	4	48	48	NUM
cjal-3181	320	5	of	of	ADP
cjal-3181	320	6	the	the	DET
cjal-3181	320	7	interim	interim	ADJ
cjal-3181	320	8	securities	security	NOUN
cjal-3181	320	9	regulations	regulation	NOUN
cjal-3181	320	10	,	,	PUNCT
cjal-3181	320	11	should	should	AUX
cjal-3181	320	12	the	the	DET
cjal-3181	320	13	offeror	offeror	NOUN
cjal-3181	320	14	then	then	ADV
cjal-3181	320	15	become	become	VERB
cjal-3181	320	16	a	a	DET
cjal-3181	320	17	30	30	NUM
cjal-3181	320	18	%	%	NOUN
cjal-3181	320	19	shareholder	shareholder	NOUN
cjal-3181	320	20	,	,	PUNCT
cjal-3181	320	21	the	the	DET
cjal-3181	320	22	offeror	offeror	NOUN
cjal-3181	320	23	would	would	AUX
cjal-3181	320	24	then	then	ADV
cjal-3181	320	25	be	be	AUX
cjal-3181	320	26	obligated	obligate	VERB
cjal-3181	320	27	to	to	PART
cjal-3181	320	28	make	make	VERB
cjal-3181	320	29	a	a	DET
cjal-3181	320	30	tender	tender	NOUN
cjal-3181	320	31	offer	offer	NOUN
cjal-3181	320	32	to	to	ADP
cjal-3181	320	33	all	all	PRON
cjal-3181	320	34	of	of	ADP
cjal-3181	320	35	the	the	DET
cjal-3181	320	36	shareholders	shareholder	NOUN
cjal-3181	320	37	at	at	ADP
cjal-3181	320	38	the	the	DET
cjal-3181	320	39	mandated	mandate	VERB
cjal-3181	320	40	price	price	NOUN
cjal-3181	320	41	.	.	PUNCT
cjal-3181	321	1	the	the	DET
cjal-3181	321	2	interim	interim	ADJ
cjal-3181	321	3	securities	security	NOUN
cjal-3181	321	4	regulations	regulation	NOUN
cjal-3181	321	5	would	would	AUX
cjal-3181	321	6	then	then	ADV
cjal-3181	321	7	be	be	AUX
cjal-3181	321	8	similar	similar	ADJ
cjal-3181	321	9	to	to	ADP
cjal-3181	321	10	the	the	DET
cjal-3181	321	11	british	british	ADJ
cjal-3181	321	12	system	system	NOUN
cjal-3181	321	13	,	,	PUNCT
cjal-3181	321	14	which	which	PRON
cjal-3181	321	15	also	also	ADV
cjal-3181	321	16	requires	require	VERB
cjal-3181	321	17	a	a	DET
cjal-3181	321	18	mandatory	mandatory	ADJ
cjal-3181	321	19	bid	bid	NOUN
cjal-3181	321	20	once	once	ADV
cjal-3181	321	21	a	a	DET
cjal-3181	321	22	shareholder	shareholder	NOUN
cjal-3181	321	23	crosses	cross	VERB
cjal-3181	321	24	the	the	DET
cjal-3181	321	25	30	30	NUM
cjal-3181	321	26	%	%	NOUN
cjal-3181	321	27	threshold	threshold	NOUN
cjal-3181	321	28	,	,	PUNCT
cjal-3181	321	29	regardless	regardless	ADV
cjal-3181	321	30	of	of	ADP
cjal-3181	321	31	whether	whether	SCONJ
cjal-3181	321	32	the	the	DET
cjal-3181	321	33	shareholder	shareholder	NOUN
cjal-3181	321	34	had	have	AUX
cjal-3181	321	35	made	make	VERB
cjal-3181	321	36	a	a	DET
cjal-3181	321	37	partial	partial	ADJ
cjal-3181	321	38	or	or	CCONJ
cjal-3181	321	39	full	full	ADJ
cjal-3181	321	40	bid	bid	NOUN
cjal-3181	321	41	.	.	PUNCT
cjal-3181	322	1	'0	'0	PART
cjal-3181	322	2	2	2	NUM
cjal-3181	322	3	the	the	DET
cjal-3181	322	4	acquirer	acquirer	NOUN
cjal-3181	322	5	would	would	AUX
cjal-3181	322	6	enjoy	enjoy	VERB
cjal-3181	322	7	two	two	NUM
cjal-3181	322	8	advantages	advantage	NOUN
cjal-3181	322	9	over	over	ADP
cjal-3181	322	10	making	make	VERB
cjal-3181	322	11	open	open	ADJ
cjal-3181	322	12	-	-	PUNCT
cjal-3181	322	13	market	market	NOUN
cjal-3181	322	14	purchases	purchase	NOUN
cjal-3181	322	15	if	if	SCONJ
cjal-3181	322	16	it	it	PRON
cjal-3181	322	17	could	could	AUX
cjal-3181	322	18	make	make	VERB
cjal-3181	322	19	a	a	DET
cjal-3181	322	20	tender	tender	NOUN
cjal-3181	322	21	offer	offer	NOUN
cjal-3181	322	22	before	before	ADP
cjal-3181	322	23	reaching	reach	VERB
cjal-3181	322	24	the	the	DET
cjal-3181	322	25	30	30	NUM
cjal-3181	322	26	%	%	NOUN
cjal-3181	322	27	threshold	threshold	NOUN
cjal-3181	322	28	.	.	PUNCT
cjal-3181	323	1	first	first	ADV
cjal-3181	323	2	,	,	PUNCT
cjal-3181	323	3	it	it	PRON
cjal-3181	323	4	could	could	AUX
cjal-3181	323	5	gain	gain	VERB
cjal-3181	323	6	a	a	DET
cjal-3181	323	7	foothold	foothold	NOUN
cjal-3181	323	8	in	in	ADP
cjal-3181	323	9	the	the	DET
cjal-3181	323	10	target	target	NOUN
cjal-3181	323	11	company	company	NOUN
cjal-3181	323	12	without	without	ADP
cjal-3181	323	13	making	make	VERB
cjal-3181	323	14	a	a	DET
cjal-3181	323	15	series	series	NOUN
cjal-3181	323	16	of	of	ADP
cjal-3181	323	17	fully	fully	ADV
cjal-3181	323	18	-	-	PUNCT
cjal-3181	323	19	disclosed	disclose	VERB
cjal-3181	323	20	purchases	purchase	NOUN
cjal-3181	323	21	at	at	ADP
cjal-3181	323	22	successively	successively	ADV
cjal-3181	323	23	higher	high	ADJ
cjal-3181	323	24	prices	price	NOUN
cjal-3181	323	25	.	.	PUNCT
cjal-3181	324	1	since	since	SCONJ
cjal-3181	324	2	a	a	DET
cjal-3181	324	3	tendering	tendering	NOUN
cjal-3181	324	4	shareholder	shareholder	NOUN
cjal-3181	324	5	has	have	VERB
cjal-3181	324	6	the	the	DET
cjal-3181	324	7	right	right	NOUN
cjal-3181	324	8	to	to	PART
cjal-3181	324	9	withdraw	withdraw	VERB
cjal-3181	324	10	its	its	PRON
cjal-3181	324	11	acceptance	acceptance	NOUN
cjal-3181	324	12	of	of	ADP
cjal-3181	324	13	a	a	DET
cjal-3181	324	14	tender	tender	NOUN
cjal-3181	324	15	offer	offer	NOUN
cjal-3181	324	16	,	,	PUNCT
cjal-3181	324	17	it	it	PRON
cjal-3181	324	18	seems	seem	VERB
cjal-3181	324	19	reasonable	reasonable	ADJ
cjal-3181	324	20	to	to	PART
cjal-3181	324	21	assume	assume	VERB
cjal-3181	324	22	that	that	SCONJ
cjal-3181	324	23	one	one	NUM
cjal-3181	324	24	measures	measure	NOUN
cjal-3181	324	25	change	change	NOUN
cjal-3181	324	26	of	of	ADP
cjal-3181	324	27	ownership	ownership	NOUN
cjal-3181	324	28	at	at	ADP
cjal-3181	324	29	the	the	DET
cjal-3181	324	30	time	time	NOUN
cjal-3181	324	31	the	the	DET
cjal-3181	324	32	tender	tender	NOUN
cjal-3181	324	33	offer	offer	NOUN
cjal-3181	324	34	closes	close	NOUN
cjal-3181	324	35	,	,	PUNCT
cjal-3181	324	36	not	not	PART
cjal-3181	324	37	when	when	SCONJ
cjal-3181	324	38	the	the	DET
cjal-3181	324	39	shareholder	shareholder	NOUN
cjal-3181	324	40	tenders	tender	VERB
cjal-3181	324	41	its	its	PRON
cjal-3181	324	42	shares	share	NOUN
cjal-3181	324	43	.	.	PUNCT
cjal-3181	325	1	in	in	ADP
cjal-3181	325	2	this	this	DET
cjal-3181	325	3	way	way	NOUN
cjal-3181	325	4	,	,	PUNCT
cjal-3181	325	5	the	the	DET
cjal-3181	325	6	acquirer	acquirer	NOUN
cjal-3181	325	7	would	would	AUX
cjal-3181	325	8	not	not	PART
cjal-3181	325	9	have	have	VERB
cjal-3181	325	10	to	to	PART
cjal-3181	325	11	halt	halt	VERB
cjal-3181	325	12	its	its	PRON
cjal-3181	325	13	purchasing	purchasing	NOUN
cjal-3181	325	14	at	at	ADP
cjal-3181	325	15	every	every	DET
cjal-3181	325	16	two	two	NUM
cjal-3181	325	17	-	-	PUNCT
cjal-3181	325	18	percent	percent	NOUN
cjal-3181	325	19	purchase	purchase	NOUN
cjal-3181	325	20	and	and	CCONJ
cjal-3181	325	21	watch	watch	VERB
cjal-3181	325	22	the	the	DET
cjal-3181	325	23	share	share	NOUN
cjal-3181	325	24	price	price	NOUN
cjal-3181	325	25	adjust	adjust	NOUN
cjal-3181	325	26	upwards	upwards	ADV
cjal-3181	325	27	accordingly	accordingly	ADV
cjal-3181	325	28	.	.	PUNCT
cjal-3181	326	1	second	second	ADV
cjal-3181	326	2	,	,	PUNCT
cjal-3181	326	3	the	the	DET
cjal-3181	326	4	tender	tender	NOUN
cjal-3181	326	5	offeror	offeror	NOUN
cjal-3181	326	6	could	could	AUX
cjal-3181	326	7	make	make	VERB
cjal-3181	326	8	the	the	DET
cjal-3181	326	9	bid	bid	NOUN
cjal-3181	326	10	at	at	ADP
cjal-3181	326	11	a	a	DET
cjal-3181	326	12	price	price	NOUN
cjal-3181	326	13	of	of	ADP
cjal-3181	326	14	its	its	PRON
cjal-3181	326	15	choosing	choosing	NOUN
cjal-3181	326	16	.	.	PUNCT
cjal-3181	327	1	only	only	ADV
cjal-3181	327	2	if	if	SCONJ
cjal-3181	327	3	it	it	PRON
cjal-3181	327	4	became	become	VERB
cjal-3181	327	5	a	a	DET
cjal-3181	327	6	30	30	NUM
cjal-3181	327	7	%	%	NOUN
cjal-3181	327	8	shareholder	shareholder	NOUN
cjal-3181	327	9	would	would	AUX
cjal-3181	327	10	it	it	PRON
cjal-3181	327	11	be	be	AUX
cjal-3181	327	12	required	require	VERB
cjal-3181	327	13	to	to	PART
cjal-3181	327	14	make	make	VERB
cjal-3181	327	15	the	the	DET
cjal-3181	327	16	tender	tender	NOUN
cjal-3181	327	17	offer	offer	NOUN
cjal-3181	327	18	at	at	ADP
cjal-3181	327	19	the	the	DET
cjal-3181	327	20	price	price	NOUN
cjal-3181	327	21	mandated	mandate	VERB
cjal-3181	327	22	by	by	ADP
cjal-3181	327	23	article	article	NOUN
cjal-3181	327	24	48	48	NUM
cjal-3181	327	25	of	of	ADP
cjal-3181	327	26	the	the	DET
cjal-3181	327	27	interim	interim	ADJ
cjal-3181	327	28	securities	security	NOUN
cjal-3181	327	29	regulations	regulation	NOUN
cjal-3181	327	30	.	.	PUNCT
cjal-3181	328	1	of	of	ADP
cjal-3181	328	2	course	course	NOUN
cjal-3181	328	3	,	,	PUNCT
cjal-3181	328	4	the	the	DET
cjal-3181	328	5	tender	tender	NOUN
cjal-3181	328	6	offer	offer	NOUN
cjal-3181	328	7	price	price	NOUN
cjal-3181	328	8	must	must	AUX
cjal-3181	328	9	be	be	AUX
cjal-3181	328	10	at	at	ADP
cjal-3181	328	11	a	a	DET
cjal-3181	328	12	premium	premium	NOUN
cjal-3181	328	13	to	to	ADP
cjal-3181	328	14	the	the	DET
cjal-3181	328	15	market	market	NOUN
cjal-3181	328	16	price	price	NOUN
cjal-3181	328	17	,	,	PUNCT
cjal-3181	328	18	otherwise	otherwise	ADV
cjal-3181	328	19	target	target	VERB
cjal-3181	328	20	shareholders	shareholder	NOUN
cjal-3181	328	21	would	would	AUX
cjal-3181	328	22	not	not	PART
cjal-3181	328	23	tender	tender	VERB
cjal-3181	328	24	their	their	PRON
cjal-3181	328	25	shares	share	NOUN
cjal-3181	328	26	while	while	SCONJ
cjal-3181	328	27	the	the	DET
cjal-3181	328	28	acquirer	acquirer	NOUN
cjal-3181	328	29	benefits	benefit	VERB
cjal-3181	328	30	from	from	ADP
cjal-3181	328	31	an	an	DET
cjal-3181	328	32	early	early	ADJ
cjal-3181	328	33	tender	tender	NOUN
cjal-3181	328	34	offer	offer	NOUN
cjal-3181	328	35	,	,	PUNCT
cjal-3181	328	36	it	it	PRON
cjal-3181	328	37	would	would	AUX
cjal-3181	328	38	appear	appear	VERB
cjal-3181	328	39	that	that	SCONJ
cjal-3181	328	40	the	the	DET
cjal-3181	328	41	target	target	NOUN
cjal-3181	328	42	shareholders	shareholder	NOUN
cjal-3181	328	43	might	might	AUX
cjal-3181	328	44	be	be	AUX
cjal-3181	328	45	worse	bad	ADJ
cjal-3181	328	46	off	off	ADV
cjal-3181	328	47	.	.	PUNCT
cjal-3181	329	1	however	however	ADV
cjal-3181	329	2	,	,	PUNCT
cjal-3181	329	3	since	since	SCONJ
cjal-3181	329	4	the	the	DET
cjal-3181	329	5	acquirer	acquirer	NOUN
cjal-3181	329	6	must	must	AUX
cjal-3181	329	7	make	make	VERB
cjal-3181	329	8	a	a	DET
cjal-3181	329	9	filing	filing	NOUN
cjal-3181	329	10	before	before	ADP
cjal-3181	329	11	issuing	issue	VERB
cjal-3181	329	12	its	its	PRON
cjal-3181	329	13	early	early	ADJ
cjal-3181	329	14	tender	tender	NOUN
cjal-3181	329	15	offer	offer	NOUN
cjal-3181	329	16	,	,	PUNCT
cjal-3181	329	17	the	the	DET
cjal-3181	329	18	market	market	NOUN
cjal-3181	329	19	should	should	AUX
cjal-3181	329	20	then	then	ADV
cjal-3181	329	21	properly	properly	ADV
cjal-3181	329	22	reflect	reflect	VERB
cjal-3181	329	23	that	that	SCONJ
cjal-3181	329	24	information	information	NOUN
cjal-3181	329	25	in	in	ADP
cjal-3181	329	26	its	its	PRON
cjal-3181	329	27	valuation	valuation	NOUN
cjal-3181	329	28	of	of	ADP
cjal-3181	329	29	the	the	DET
cjal-3181	329	30	target	target	NOUN
cjal-3181	329	31	101	101	NUM
cjal-3181	329	32	.	.	PUNCT
cjal-3181	330	1	parker	parker	PROPN
cjal-3181	330	2	,	,	PUNCT
cjal-3181	330	3	supra	supra	PROPN
cjal-3181	330	4	note	note	NOUN
cjal-3181	330	5	4	4	NUM
cjal-3181	330	6	.	.	NOUN
cjal-3181	330	7	102	102	NUM
cjal-3181	330	8	.	.	PUNCT
cjal-3181	331	1	deborah	deborah	PROPN
cjal-3181	331	2	a.	a.	PROPN
cjal-3181	331	3	de	de	PROPN
cjal-3181	331	4	mott	mott	PROPN
cjal-3181	331	5	,	,	PUNCT
cjal-3181	331	6	comparative	comparative	ADJ
cjal-3181	331	7	dimensions	dimension	NOUN
cjal-3181	331	8	of	of	ADP
cjal-3181	331	9	takeover	takeover	NOUN
cjal-3181	331	10	regulation	regulation	NOUN
cjal-3181	331	11	,	,	PUNCT
cjal-3181	331	12	in	in	ADP
cjal-3181	331	13	knights	knight	NOUN
cjal-3181	331	14	,	,	PUNCT
cjal-3181	331	15	raiders	raider	NOUN
cjal-3181	331	16	,	,	PUNCT
cjal-3181	331	17	and	and	CCONJ
cjal-3181	331	18	targets	target	NOUN
cjal-3181	331	19	,	,	PUNCT
cjal-3181	331	20	the	the	DET
cjal-3181	331	21	impacr	impacr	NOUN
cjal-3181	331	22	of	of	ADP
cjal-3181	331	23	the	the	DET
cjal-3181	331	24	hostile	hostile	ADJ
cjal-3181	331	25	takeover	takeover	NOUN
cjal-3181	331	26	398,409	398,409	NUM
cjal-3181	331	27	(	(	PUNCT
cjal-3181	331	28	john	john	PROPN
cjal-3181	331	29	c.	c.	PROPN
cjal-3181	331	30	coffee	coffee	PROPN
cjal-3181	331	31	,	,	PUNCT
cjal-3181	331	32	jr	jr	PROPN
cjal-3181	331	33	.	.	PROPN
cjal-3181	331	34	et	et	PROPN
cjal-3181	331	35	al	al	PROPN
cjal-3181	331	36	.	.	PUNCT
cjal-3181	332	1	eds	eds	PROPN
cjal-3181	332	2	.	.	PROPN
cjal-3181	332	3	,	,	PUNCT
cjal-3181	332	4	1988	1988	NUM
cjal-3181	332	5	)	)	PUNCT
cjal-3181	332	6	.	.	PUNCT
cjal-3181	333	1	columbia	columbia	PROPN
cjal-3181	333	2	journal	journal	PROPN
cjal-3181	333	3	of	of	ADP
cjal-3181	333	4	asia	asia	PROPN
cjal-3181	333	5	n	n	PROPN
cjal-3181	333	6	la	la	PROPN
cjal-3181	333	7	w	w	PROPN
cjal-3181	333	8	stock	stock	NOUN
cjal-3181	333	9	.	.	PUNCT
cjal-3181	334	1	10	10	NUM
cjal-3181	334	2	3	3	NUM
cjal-3181	334	3	risk	risk	NOUN
cjal-3181	334	4	arbitragers	arbitrager	NOUN
cjal-3181	334	5	should	should	AUX
cjal-3181	334	6	bid	bid	VERB
cjal-3181	334	7	up	up	ADP
cjal-3181	334	8	the	the	DET
cjal-3181	334	9	share	share	NOUN
cjal-3181	334	10	price	price	NOUN
cjal-3181	334	11	to	to	ADP
cjal-3181	334	12	the	the	DET
cjal-3181	334	13	tender	tender	NOUN
cjal-3181	334	14	offer	offer	NOUN
cjal-3181	334	15	price	price	NOUN
cjal-3181	334	16	if	if	SCONJ
cjal-3181	334	17	they	they	PRON
cjal-3181	334	18	believe	believe	VERB
cjal-3181	334	19	the	the	DET
cjal-3181	334	20	tender	tender	NOUN
cjal-3181	334	21	offer	offer	NOUN
cjal-3181	334	22	is	be	AUX
cjal-3181	334	23	likely	likely	ADJ
cjal-3181	334	24	to	to	PART
cjal-3181	334	25	be	be	AUX
cjal-3181	334	26	successful	successful	ADJ
cjal-3181	334	27	in	in	ADP
cjal-3181	334	28	attracting	attract	VERB
cjal-3181	334	29	shareholders	shareholder	NOUN
cjal-3181	334	30	to	to	PART
cjal-3181	334	31	tender	tender	VERB
cjal-3181	334	32	.	.	PUNCT
cjal-3181	335	1	the	the	DET
cjal-3181	335	2	share	share	NOUN
cjal-3181	335	3	price	price	NOUN
cjal-3181	335	4	could	could	AUX
cjal-3181	335	5	rise	rise	VERB
cjal-3181	335	6	higher	high	ADJ
cjal-3181	335	7	if	if	SCONJ
cjal-3181	335	8	risk	risk	NOUN
cjal-3181	335	9	arbitragers	arbitrager	NOUN
cjal-3181	335	10	believe	believe	VERB
cjal-3181	335	11	there	there	PRON
cjal-3181	335	12	will	will	AUX
cjal-3181	335	13	be	be	AUX
cjal-3181	335	14	other	other	ADJ
cjal-3181	335	15	bidders	bidder	NOUN
cjal-3181	335	16	for	for	ADP
cjal-3181	335	17	the	the	DET
cjal-3181	335	18	target	target	NOUN
cjal-3181	335	19	company	company	NOUN
cjal-3181	335	20	.	.	PUNCT
cjal-3181	336	1	therefore	therefore	ADV
cjal-3181	336	2	,	,	PUNCT
cjal-3181	336	3	the	the	DET
cjal-3181	336	4	target	target	NOUN
cjal-3181	336	5	shareholders	shareholder	NOUN
cjal-3181	336	6	might	might	AUX
cjal-3181	336	7	receive	receive	VERB
cjal-3181	336	8	higher	high	ADJ
cjal-3181	336	9	consideration	consideration	NOUN
cjal-3181	336	10	than	than	SCONJ
cjal-3181	336	11	if	if	SCONJ
cjal-3181	336	12	they	they	PRON
cjal-3181	336	13	had	have	AUX
cjal-3181	336	14	sold	sell	VERB
cjal-3181	336	15	their	their	PRON
cjal-3181	336	16	shares	share	NOUN
cjal-3181	336	17	on	on	ADP
cjal-3181	336	18	the	the	DET
cjal-3181	336	19	market	market	NOUN
cjal-3181	336	20	.	.	PUNCT
cjal-3181	337	1	iii	iii	X
cjal-3181	337	2	.	.	PUNCT
cjal-3181	338	1	the	the	DET
cjal-3181	338	2	interim	interim	ADJ
cjal-3181	338	3	securities	security	NOUN
cjal-3181	338	4	regulations	regulation	NOUN
cjal-3181	338	5	and	and	CCONJ
cjal-3181	338	6	the	the	DET
cjal-3181	338	7	williams	williams	PROPN
cjal-3181	338	8	act	act	VERB
cjal-3181	338	9	the	the	DET
cjal-3181	338	10	united	united	PROPN
cjal-3181	338	11	states	states	PROPN
cjal-3181	338	12	securities	security	NOUN
cjal-3181	338	13	markets	market	NOUN
cjal-3181	338	14	are	be	AUX
cjal-3181	338	15	regulated	regulate	VERB
cjal-3181	338	16	by	by	ADP
cjal-3181	338	17	federal	federal	ADJ
cjal-3181	338	18	securities	security	NOUN
cjal-3181	338	19	laws	law	NOUN
cjal-3181	338	20	and	and	CCONJ
cjal-3181	338	21	the	the	DET
cjal-3181	338	22	securities	securities	PROPN
cjal-3181	338	23	and	and	CCONJ
cjal-3181	338	24	exchange	exchange	PROPN
cjal-3181	338	25	commission	commission	PROPN
cjal-3181	338	26	(	(	PUNCT
cjal-3181	338	27	"	"	PUNCT
cjal-3181	338	28	sec	sec	PROPN
cjal-3181	338	29	"	"	PUNCT
cjal-3181	338	30	)	)	PUNCT
cjal-3181	338	31	.	.	PUNCT
cjal-3181	339	1	the	the	DET
cjal-3181	339	2	fundamental	fundamental	ADJ
cjal-3181	339	3	purpose	purpose	NOUN
cjal-3181	339	4	of	of	ADP
cjal-3181	339	5	the	the	DET
cjal-3181	339	6	securities	securities	PROPN
cjal-3181	339	7	exchange	exchange	PROPN
cjal-3181	339	8	act	act	NOUN
cjal-3181	339	9	of	of	ADP
cjal-3181	339	10	1934	1934	NUM
cjal-3181	339	11	(	(	PUNCT
cjal-3181	339	12	"	"	PUNCT
cjal-3181	339	13	exchange	exchange	NOUN
cjal-3181	339	14	act	act	NOUN
cjal-3181	339	15	"	"	PUNCT
cjal-3181	339	16	)	)	PUNCT
cjal-3181	339	17	is	be	AUX
cjal-3181	339	18	"	"	PUNCT
cjal-3181	339	19	to	to	PART
cjal-3181	339	20	substitute	substitute	VERB
cjal-3181	339	21	a	a	DET
cjal-3181	339	22	philosophy	philosophy	NOUN
cjal-3181	339	23	of	of	ADP
cjal-3181	339	24	full	full	ADJ
cjal-3181	339	25	disclosure	disclosure	NOUN
cjal-3181	339	26	in	in	ADP
cjal-3181	339	27	place	place	NOUN
cjal-3181	339	28	of	of	ADP
cjal-3181	339	29	the	the	DET
cjal-3181	339	30	philosophy	philosophy	NOUN
cjal-3181	339	31	of	of	ADP
cjal-3181	339	32	caveat	caveat	ADJ
cjal-3181	339	33	emptor	emptor	NOUN
cjal-3181	339	34	.	.	PUNCT
cjal-3181	339	35	"	"	PUNCT
cjal-3181	339	36	'	'	PUNCT
cjal-3181	339	37	t	t	PROPN
cjal-3181	339	38	4	4	NUM
cjal-3181	339	39	congress	congress	PROPN
cjal-3181	339	40	created	create	VERB
cjal-3181	339	41	the	the	DET
cjal-3181	339	42	williams	williams	PROPN
cjal-3181	339	43	act	act	PROPN
cjal-3181	339	44	in	in	ADP
cjal-3181	339	45	1968	1968	NUM
cjal-3181	339	46	and	and	CCONJ
cjal-3181	339	47	amended	amend	VERB
cjal-3181	339	48	it	it	PRON
cjal-3181	339	49	in	in	ADP
cjal-3181	339	50	1970	1970	NUM
cjal-3181	339	51	to	to	PART
cjal-3181	339	52	address	address	VERB
cjal-3181	339	53	the	the	DET
cjal-3181	339	54	problem	problem	NOUN
cjal-3181	339	55	of	of	ADP
cjal-3181	339	56	short	short	ADJ
cjal-3181	339	57	tender	tender	NOUN
cjal-3181	339	58	offer	offer	NOUN
cjal-3181	339	59	bids	bid	NOUN
cjal-3181	339	60	that	that	PRON
cjal-3181	339	61	lasted	last	VERB
cjal-3181	339	62	only	only	ADV
cjal-3181	339	63	several	several	ADJ
cjal-3181	339	64	days	day	NOUN
cjal-3181	339	65	,	,	PUNCT
cjal-3181	339	66	by	by	ADP
cjal-3181	339	67	requiring	require	VERB
cjal-3181	339	68	disclosure	disclosure	NOUN
cjal-3181	339	69	and	and	CCONJ
cjal-3181	339	70	specifying	specify	VERB
cjal-3181	339	71	certain	certain	ADJ
cjal-3181	339	72	aspects	aspect	NOUN
cjal-3181	339	73	of	of	ADP
cjal-3181	339	74	tender	tender	NOUN
cjal-3181	339	75	offers	offer	NOUN
cjal-3181	339	76	.	.	PUNCT
cjal-3181	340	1	'0	'0	X
cjal-3181	340	2	5	5	NUM
cjal-3181	340	3	it	it	PRON
cjal-3181	340	4	may	may	AUX
cjal-3181	340	5	be	be	AUX
cjal-3181	340	6	that	that	SCONJ
cjal-3181	340	7	the	the	DET
cjal-3181	340	8	purpose	purpose	NOUN
cjal-3181	340	9	of	of	ADP
cjal-3181	340	10	the	the	DET
cjal-3181	340	11	williams	williams	PROPN
cjal-3181	340	12	act	act	PROPN
cjal-3181	340	13	was	be	AUX
cjal-3181	340	14	to	to	PART
cjal-3181	340	15	preserve	preserve	VERB
cjal-3181	340	16	a	a	DET
cjal-3181	340	17	balance	balance	NOUN
cjal-3181	340	18	in	in	ADP
cjal-3181	340	19	hostile	hostile	ADJ
cjal-3181	340	20	takeovers	takeover	NOUN
cjal-3181	340	21	so	so	SCONJ
cjal-3181	340	22	that	that	SCONJ
cjal-3181	340	23	defensive	defensive	ADJ
cjal-3181	340	24	tactics	tactic	NOUN
cjal-3181	340	25	increase	increase	VERB
cjal-3181	340	26	value	value	NOUN
cjal-3181	340	27	to	to	PART
cjal-3181	340	28	target	target	VERB
cjal-3181	340	29	shareholders	shareholder	NOUN
cjal-3181	340	30	.	.	PUNCT
cjal-3181	340	31	'	'	PUNCT
cjal-3181	341	1	6	6	NUM
cjal-3181	341	2	therefore	therefore	ADV
cjal-3181	341	3	,	,	PUNCT
cjal-3181	341	4	the	the	DET
cjal-3181	341	5	williams	williams	PROPN
cjal-3181	341	6	act	act	PROPN
cjal-3181	341	7	does	do	AUX
cjal-3181	341	8	not	not	PART
cjal-3181	341	9	tip	tip	VERB
cjal-3181	341	10	the	the	DET
cjal-3181	341	11	balance	balance	NOUN
cjal-3181	341	12	to	to	AUX
cjal-3181	341	13	either	either	CCONJ
cjal-3181	341	14	target	target	VERB
cjal-3181	341	15	management	management	NOUN
cjal-3181	341	16	or	or	CCONJ
cjal-3181	341	17	to	to	ADP
cjal-3181	341	18	the	the	DET
cjal-3181	341	19	acquirer	acquirer	NOUN
cjal-3181	341	20	;	;	PUNCT
cjal-3181	341	21	but	but	CCONJ
cjal-3181	341	22	rather	rather	ADV
cjal-3181	341	23	helps	help	VERB
cjal-3181	341	24	target	target	VERB
cjal-3181	341	25	shareholders	shareholder	NOUN
cjal-3181	341	26	make	make	VERB
cjal-3181	341	27	informed	informed	ADJ
cjal-3181	341	28	decisions	decision	NOUN
cjal-3181	341	29	on	on	ADP
cjal-3181	341	30	whether	whether	SCONJ
cjal-3181	341	31	or	or	CCONJ
cjal-3181	341	32	not	not	PART
cjal-3181	341	33	to	to	PART
cjal-3181	341	34	tender	tender	VERB
cjal-3181	341	35	their	their	PRON
cjal-3181	341	36	shares	share	NOUN
cjal-3181	341	37	.	.	PUNCT
cjal-3181	342	1	107	107	NUM
cjal-3181	342	2	to	to	PART
cjal-3181	342	3	fully	fully	ADV
cjal-3181	342	4	appreciate	appreciate	VERB
cjal-3181	342	5	the	the	DET
cjal-3181	342	6	implications	implication	NOUN
cjal-3181	342	7	of	of	ADP
cjal-3181	342	8	the	the	DET
cjal-3181	342	9	interim	interim	ADJ
cjal-3181	342	10	securities	security	NOUN
cjal-3181	342	11	regulations	regulation	NOUN
cjal-3181	342	12	for	for	ADP
cjal-3181	342	13	corporate	corporate	ADJ
cjal-3181	342	14	governance	governance	NOUN
cjal-3181	342	15	,	,	PUNCT
cjal-3181	342	16	one	one	PRON
cjal-3181	342	17	can	can	AUX
cjal-3181	342	18	compare	compare	VERB
cjal-3181	342	19	it	it	PRON
cjal-3181	342	20	to	to	ADP
cjal-3181	342	21	the	the	DET
cjal-3181	342	22	williams	williams	PROPN
cjal-3181	342	23	act	act	PROPN
cjal-3181	342	24	in	in	ADP
cjal-3181	342	25	regard	regard	NOUN
cjal-3181	342	26	to	to	ADP
cjal-3181	342	27	disclosure	disclosure	NOUN
cjal-3181	342	28	and	and	CCONJ
cjal-3181	342	29	tender	tender	NOUN
cjal-3181	342	30	offers	offer	NOUN
cjal-3181	342	31	,	,	PUNCT
cjal-3181	342	32	sections	section	NOUN
cjal-3181	342	33	13(d	13(d	NUM
cjal-3181	342	34	)	)	PUNCT
cjal-3181	342	35	and	and	CCONJ
cjal-3181	342	36	14(d	14(d	NUM
cjal-3181	342	37	)	)	PUNCT
cjal-3181	342	38	of	of	ADP
cjal-3181	342	39	the	the	DET
cjal-3181	342	40	exchange	exchange	PROPN
cjal-3181	342	41	act	act	PROPN
cjal-3181	342	42	,	,	PUNCT
cjal-3181	342	43	respectively	respectively	ADV
cjal-3181	342	44	.	.	PUNCT
cjal-3181	343	1	one	one	PRON
cjal-3181	343	2	can	can	AUX
cjal-3181	343	3	begin	begin	VERB
cjal-3181	343	4	with	with	ADP
cjal-3181	343	5	the	the	DET
cjal-3181	343	6	purpose	purpose	NOUN
cjal-3181	343	7	of	of	ADP
cjal-3181	343	8	the	the	DET
cjal-3181	343	9	interim	interim	ADJ
cjal-3181	343	10	securities	security	NOUN
cjal-3181	343	11	regulations	regulation	NOUN
cjal-3181	343	12	,	,	PUNCT
cjal-3181	343	13	which	which	PRON
cjal-3181	343	14	is	be	AUX
cjal-3181	343	15	to	to	PART
cjal-3181	343	16	"	"	PUNCT
cjal-3181	343	17	meet	meet	VERB
cjal-3181	343	18	the	the	DET
cjal-3181	343	19	need	need	NOUN
cjal-3181	343	20	for	for	ADP
cjal-3181	343	21	development	development	NOUN
cjal-3181	343	22	of	of	ADP
cjal-3181	343	23	the	the	DET
cjal-3181	343	24	socialist	socialist	ADJ
cjal-3181	343	25	market	market	NOUN
cjal-3181	343	26	economy	economy	NOUN
cjal-3181	343	27	,	,	PUNCT
cjal-3181	343	28	to	to	PART
cjal-3181	343	29	establish	establish	VERB
cjal-3181	343	30	and	and	CCONJ
cjal-3181	343	31	develop	develop	VERB
cjal-3181	343	32	highly	highly	ADV
cjal-3181	343	33	efficient	efficient	ADJ
cjal-3181	343	34	stock	stock	NOUN
cjal-3181	343	35	markets	market	NOUN
cjal-3181	343	36	that	that	PRON
cjal-3181	343	37	are	be	AUX
cjal-3181	343	38	uniform	uniform	ADJ
cjal-3181	343	39	throughout	throughout	ADP
cjal-3181	343	40	the	the	DET
cjal-3181	343	41	country	country	NOUN
cjal-3181	343	42	,	,	PUNCT
cjal-3181	343	43	to	to	PART
cjal-3181	343	44	safeguard	safeguard	VERB
cjal-3181	343	45	the	the	DET
cjal-3181	343	46	lawful	lawful	ADJ
cjal-3181	343	47	rights	right	NOUN
cjal-3181	343	48	and	and	CCONJ
cjal-3181	343	49	interests	interest	NOUN
cjal-3181	343	50	of	of	ADP
cjal-3181	343	51	investors	investor	NOUN
cjal-3181	343	52	and	and	CCONJ
cjal-3181	343	53	the	the	DET
cjal-3181	343	54	public	public	ADJ
cjal-3181	343	55	interest	interest	NOUN
cjal-3181	343	56	and	and	CCONJ
cjal-3181	343	57	to	to	PART
cjal-3181	343	58	promote	promote	VERB
cjal-3181	343	59	the	the	DET
cjal-3181	343	60	development	development	NOUN
cjal-3181	343	61	of	of	ADP
cjal-3181	343	62	the	the	DET
cjal-3181	343	63	national	national	ADJ
cjal-3181	343	64	economy	economy	NOUN
cjal-3181	343	65	.	.	PUNCT
cjal-3181	344	1	"'10	"'10	NOUN
cjal-3181	344	2	8	8	NUM
cjal-3181	344	3	103	103	NUM
cjal-3181	344	4	.	.	PUNCT
cjal-3181	345	1	interim	interim	ADJ
cjal-3181	345	2	securities	security	NOUN
cjal-3181	345	3	regulations	regulation	NOUN
cjal-3181	345	4	,	,	PUNCT
cjal-3181	345	5	supra	supra	PROPN
cjal-3181	345	6	note	note	NOUN
cjal-3181	345	7	1	1	NUM
cjal-3181	345	8	,	,	PUNCT
cjal-3181	345	9	art	art	NOUN
cjal-3181	345	10	.	.	PUNCT
cjal-3181	346	1	49	49	NUM
cjal-3181	346	2	.	.	PUNCT
cjal-3181	347	1	104	104	NUM
cjal-3181	347	2	.	.	PUNCT
cjal-3181	348	1	santa	santa	PROPN
cjal-3181	348	2	fe	fe	PROPN
cjal-3181	348	3	indus	indus	PROPN
cjal-3181	348	4	.	.	PROPN
cjal-3181	348	5	,	,	PUNCT
cjal-3181	348	6	inc	inc	PROPN
cjal-3181	348	7	.	.	PROPN
cjal-3181	349	1	v.	v.	PROPN
cjal-3181	349	2	green	green	PROPN
cjal-3181	349	3	,	,	PUNCT
cjal-3181	350	1	430	430	NUM
cjal-3181	350	2	u.s	u.s	PROPN
cjal-3181	350	3	.	.	PROPN
cjal-3181	350	4	462	462	NUM
cjal-3181	350	5	,	,	PUNCT
cjal-3181	350	6	477	477	NUM
cjal-3181	350	7	(	(	PUNCT
cjal-3181	350	8	1977	1977	NUM
cjal-3181	350	9	)	)	PUNCT
cjal-3181	350	10	.	.	PUNCT
cjal-3181	351	1	105	105	NUM
cjal-3181	351	2	.	.	PUNCT
cjal-3181	352	1	jennings	jennings	PROPN
cjal-3181	352	2	,	,	PUNCT
cjal-3181	352	3	marsh	marsh	PROPN
cjal-3181	352	4	&	&	CCONJ
cjal-3181	352	5	coffee	coffee	PROPN
cjal-3181	352	6	,	,	PUNCT
cjal-3181	352	7	supra	supra	PROPN
cjal-3181	352	8	note	note	NOUN
cjal-3181	352	9	23	23	NUM
cjal-3181	352	10	,	,	PUNCT
cjal-3181	352	11	at	at	ADP
cjal-3181	352	12	652	652	NUM
cjal-3181	352	13	.	.	PUNCT
cjal-3181	353	1	106	106	NUM
cjal-3181	353	2	.	.	PUNCT
cjal-3181	354	1	i	i	PRON
cjal-3181	354	2	d.	d.	PROPN
cjal-3181	354	3	,	,	PUNCT
cjal-3181	354	4	at	at	ADP
cjal-3181	354	5	655	655	NUM
cjal-3181	354	6	.	.	PUNCT
cjal-3181	354	7	107	107	NUM
cjal-3181	354	8	.	.	PUNCT
cjal-3181	355	1	i	i	PRON
cjal-3181	355	2	d.	d.	PROPN
cjal-3181	355	3	,	,	PUNCT
cjal-3181	355	4	at	at	ADP
cjal-3181	355	5	657	657	NUM
cjal-3181	355	6	.	.	PUNCT
cjal-3181	355	7	108	108	NUM
cjal-3181	355	8	.	.	PUNCT
cjal-3181	355	9	interim	interim	ADJ
cjal-3181	355	10	securities	security	NOUN
cjal-3181	355	11	regulations	regulation	NOUN
cjal-3181	355	12	,	,	PUNCT
cjal-3181	355	13	supra	supra	PROPN
cjal-3181	355	14	note	note	NOUN
cjal-3181	355	15	1	1	NUM
cjal-3181	355	16	,	,	PUNCT
cjal-3181	355	17	art	art	NOUN
cjal-3181	355	18	.	.	PUNCT
cjal-3181	356	1	1	1	X
cjal-3181	356	2	.	.	PUNCT
cjal-3181	357	1	[	[	X
cjal-3181	357	2	12:1	12:1	NUM
cjal-3181	357	3	1998	1998	NUM
cjal-3181	357	4	]	]	PUNCT
cjal-3181	357	5	comparison	comparison	NOUN
cjal-3181	357	6	of	of	ADP
cjal-3181	357	7	takeover	takeover	NOUN
cjal-3181	357	8	regulations	regulation	NOUN
cjal-3181	357	9	of	of	ADP
cjal-3181	357	10	us	us	PROPN
cjal-3181	357	11	&	&	CCONJ
cjal-3181	357	12	china	china	PROPN
cjal-3181	357	13	115	115	NUM
cjal-3181	357	14	a.	a.	NOUN
cjal-3181	357	15	takeover	takeover	NOUN
cjal-3181	357	16	disclosure	disclosure	NOUN
cjal-3181	357	17	regulations	regulation	NOUN
cjal-3181	357	18	in	in	ADP
cjal-3181	357	19	contrast	contrast	NOUN
cjal-3181	357	20	with	with	ADP
cjal-3181	357	21	the	the	DET
cjal-3181	357	22	interim	interim	ADJ
cjal-3181	357	23	securities	security	NOUN
cjal-3181	357	24	regulations	regulation	NOUN
cjal-3181	357	25	,	,	PUNCT
cjal-3181	357	26	the	the	DET
cjal-3181	357	27	williams	williams	PROPN
cjal-3181	357	28	act	act	PROPN
cjal-3181	357	29	requires	require	VERB
cjal-3181	357	30	an	an	DET
cjal-3181	357	31	acquirer	acquirer	NOUN
cjal-3181	357	32	to	to	PART
cjal-3181	357	33	make	make	VERB
cjal-3181	357	34	a	a	DET
cjal-3181	357	35	similar	similar	ADJ
cjal-3181	357	36	level	level	NOUN
cjal-3181	357	37	of	of	ADP
cjal-3181	357	38	disclosure	disclosure	NOUN
cjal-3181	357	39	to	to	PART
cjal-3181	357	40	target	target	VERB
cjal-3181	357	41	shareholders	shareholder	NOUN
cjal-3181	357	42	in	in	ADP
cjal-3181	357	43	a	a	DET
cjal-3181	357	44	takeover	takeover	NOUN
cjal-3181	357	45	attempt	attempt	NOUN
cjal-3181	357	46	,	,	PUNCT
cjal-3181	357	47	but	but	CCONJ
cjal-3181	357	48	allows	allow	VERB
cjal-3181	357	49	the	the	DET
cjal-3181	357	50	acquirer	acquirer	NOUN
cjal-3181	357	51	more	more	ADJ
cjal-3181	357	52	flexibility	flexibility	NOUN
cjal-3181	357	53	.	.	PUNCT
cjal-3181	358	1	an	an	DET
cjal-3181	358	2	acquirer	acquirer	NOUN
cjal-3181	358	3	must	must	AUX
cjal-3181	358	4	disclose	disclose	VERB
cjal-3181	358	5	information	information	NOUN
cjal-3181	358	6	to	to	ADP
cjal-3181	358	7	shareholders	shareholder	NOUN
cjal-3181	358	8	in	in	ADP
cjal-3181	358	9	two	two	NUM
cjal-3181	358	10	ways	way	NOUN
cjal-3181	358	11	.	.	PUNCT
cjal-3181	359	1	first	first	ADV
cjal-3181	359	2	,	,	PUNCT
cjal-3181	359	3	an	an	DET
cjal-3181	359	4	acquirer	acquirer	NOUN
cjal-3181	359	5	must	must	AUX
cjal-3181	359	6	disclose	disclose	VERB
cjal-3181	359	7	its	its	PRON
cjal-3181	359	8	holdings	holding	NOUN
cjal-3181	359	9	by	by	ADP
cjal-3181	359	10	filing	file	VERB
cjal-3181	359	11	a	a	DET
cjal-3181	359	12	schedule	schedule	NOUN
cjal-3181	359	13	13d	13d	NOUN
cjal-3181	359	14	within	within	ADP
cjal-3181	359	15	ten	ten	NUM
cjal-3181	359	16	business	business	NOUN
cjal-3181	359	17	days	day	NOUN
cjal-3181	359	18	after	after	ADP
cjal-3181	359	19	becoming	become	VERB
cjal-3181	359	20	the	the	DET
cjal-3181	359	21	beneficial	beneficial	ADJ
cjal-3181	359	22	owner	owner	NOUN
cjal-3181	359	23	of	of	ADP
cjal-3181	359	24	five	five	NUM
cjal-3181	359	25	percent	percent	NOUN
cjal-3181	359	26	of	of	ADP
cjal-3181	359	27	the	the	DET
cjal-3181	359	28	target	target	NOUN
cjal-3181	359	29	company	company	NOUN
cjal-3181	359	30	stock't	stock't	PROPN
cjal-3181	359	31	°	°	NOUN
cjal-3181	359	32	with	with	ADP
cjal-3181	359	33	beneficial	beneficial	ADJ
cjal-3181	359	34	ownership	ownership	NOUN
cjal-3181	359	35	defined	define	VERB
cjal-3181	359	36	in	in	ADP
cjal-3181	359	37	rule	rule	NOUN
cjal-3181	359	38	13d-3	13d-3	NUM
cjal-3181	359	39	as	as	ADP
cjal-3181	359	40	the	the	DET
cjal-3181	359	41	power	power	NOUN
cjal-3181	359	42	to	to	PART
cjal-3181	359	43	vote	vote	VERB
cjal-3181	359	44	or	or	CCONJ
cjal-3181	359	45	dispose	dispose	NOUN
cjal-3181	359	46	of	of	ADP
cjal-3181	359	47	the	the	DET
cjal-3181	359	48	shares1	shares1	NOUN
cjal-3181	359	49	10	10	NUM
cjal-3181	359	50	the	the	DET
cjal-3181	359	51	information	information	NOUN
cjal-3181	359	52	contained	contain	VERB
cjal-3181	359	53	in	in	ADP
cjal-3181	359	54	a	a	DET
cjal-3181	359	55	schedule	schedule	NOUN
cjal-3181	359	56	13d	13d	NOUN
cjal-3181	359	57	is	be	AUX
cjal-3181	359	58	essentially	essentially	ADV
cjal-3181	359	59	the	the	DET
cjal-3181	359	60	information	information	NOUN
cjal-3181	359	61	a	a	DET
cjal-3181	359	62	target	target	NOUN
cjal-3181	359	63	shareholder	shareholder	NOUN
cjal-3181	359	64	would	would	AUX
cjal-3181	359	65	receive	receive	VERB
cjal-3181	359	66	in	in	ADP
cjal-3181	359	67	a	a	DET
cjal-3181	359	68	proxy	proxy	NOUN
cjal-3181	359	69	contest	contest	NOUN
cjal-3181	359	70	.	.	PUNCT
cjal-3181	360	1	"	"	PUNCT
cjal-3181	360	2	'	'	PUNCT
cjal-3181	360	3	the	the	DET
cjal-3181	360	4	acquirer	acquirer	NOUN
cjal-3181	360	5	sends	send	VERB
cjal-3181	360	6	by	by	ADP
cjal-3181	360	7	certified	certified	ADJ
cjal-3181	360	8	mail	mail	NOUN
cjal-3181	360	9	the	the	DET
cjal-3181	360	10	schedule	schedule	NOUN
cjal-3181	360	11	13d	13d	NOUN
cjal-3181	360	12	to	to	ADP
cjal-3181	360	13	the	the	DET
cjal-3181	360	14	securities	security	NOUN
cjal-3181	360	15	exchange	exchange	NOUN
cjal-3181	360	16	and	and	CCONJ
cjal-3181	360	17	the	the	DET
cjal-3181	360	18	target	target	NOUN
cjal-3181	360	19	company	company	NOUN
cjal-3181	360	20	and	and	CCONJ
cjal-3181	360	21	must	must	AUX
cjal-3181	360	22	file	file	VERB
cjal-3181	360	23	six	six	NUM
cjal-3181	360	24	copies	copy	NOUN
cjal-3181	360	25	with	with	ADP
cjal-3181	360	26	the	the	DET
cjal-3181	360	27	sec	sec	PROPN
cjal-3181	360	28	.	.	PUNCT
cjal-3181	360	29	'	'	PUNCT
cjal-3181	360	30	2	2	NUM
cjal-3181	360	31	second	second	NOUN
cjal-3181	360	32	,	,	PUNCT
cjal-3181	360	33	should	should	AUX
cjal-3181	360	34	there	there	PRON
cjal-3181	360	35	be	be	AUX
cjal-3181	360	36	a	a	DET
cjal-3181	360	37	material	material	NOUN
cjal-3181	360	38	change	change	NOUN
cjal-3181	360	39	to	to	ADP
cjal-3181	360	40	the	the	DET
cjal-3181	360	41	schedule	schedule	NOUN
cjal-3181	360	42	13d	13d	NOUN
cjal-3181	360	43	,	,	PUNCT
cjal-3181	360	44	including	include	VERB
cjal-3181	360	45	an	an	DET
cjal-3181	360	46	acquisition	acquisition	NOUN
cjal-3181	360	47	or	or	CCONJ
cjal-3181	360	48	disposition	disposition	NOUN
cjal-3181	360	49	of	of	ADP
cjal-3181	360	50	one	one	NUM
cjal-3181	360	51	percent	percent	NOUN
cjal-3181	360	52	of	of	ADP
cjal-3181	360	53	the	the	DET
cjal-3181	360	54	target	target	NOUN
cjal-3181	360	55	company	company	NOUN
cjal-3181	360	56	's	's	PART
cjal-3181	360	57	outstanding	outstanding	ADJ
cjal-3181	360	58	stock	stock	NOUN
cjal-3181	360	59	,	,	PUNCT
cjal-3181	360	60	the	the	DET
cjal-3181	360	61	acquirer	acquirer	NOUN
cjal-3181	360	62	must	must	AUX
cjal-3181	360	63	file	file	VERB
cjal-3181	360	64	an	an	DET
cjal-3181	360	65	amendment	amendment	NOUN
cjal-3181	360	66	within	within	ADP
cjal-3181	360	67	two	two	NUM
cjal-3181	360	68	business	business	NOUN
cjal-3181	360	69	days	day	NOUN
cjal-3181	360	70	.	.	PUNCT
cjal-3181	360	71	"	"	PUNCT
cjal-3181	361	1	3	3	NUM
cjal-3181	361	2	once	once	SCONJ
cjal-3181	361	3	the	the	DET
cjal-3181	361	4	acquirer	acquirer	NOUN
cjal-3181	361	5	crosses	cross	VERB
cjal-3181	361	6	the	the	DET
cjal-3181	361	7	fivepercent	fivepercent	NOUN
cjal-3181	361	8	threshold	threshold	NOUN
cjal-3181	361	9	,	,	PUNCT
cjal-3181	361	10	it	it	PRON
cjal-3181	361	11	must	must	AUX
cjal-3181	361	12	anticipate	anticipate	VERB
cjal-3181	361	13	entering	enter	VERB
cjal-3181	361	14	a	a	DET
cjal-3181	361	15	"	"	PUNCT
cjal-3181	361	16	fish	fish	NOUN
cjal-3181	361	17	bowl	bowl	NOUN
cjal-3181	361	18	of	of	ADP
cjal-3181	361	19	public	public	ADJ
cjal-3181	361	20	disclosure	disclosure	NOUN
cjal-3181	361	21	"	"	PUNCT
cjal-3181	361	22	in	in	ADP
cjal-3181	361	23	which	which	PRON
cjal-3181	361	24	it	it	PRON
cjal-3181	361	25	will	will	AUX
cjal-3181	361	26	be	be	AUX
cjal-3181	361	27	scrutinized	scrutinize	VERB
cjal-3181	361	28	by	by	ADP
cjal-3181	361	29	the	the	DET
cjal-3181	361	30	target	target	NOUN
cjal-3181	361	31	company	company	NOUN
cjal-3181	361	32	and	and	CCONJ
cjal-3181	361	33	risk	risk	NOUN
cjal-3181	361	34	arbitrageurs	arbitrageur	NOUN
cjal-3181	361	35	.	.	PUNCT
cjal-3181	361	36	"	"	PUNCT
cjal-3181	362	1	14	14	NUM
cjal-3181	362	2	in	in	ADP
cjal-3181	362	3	stark	stark	ADJ
cjal-3181	362	4	contrast	contrast	NOUN
cjal-3181	362	5	to	to	ADP
cjal-3181	362	6	the	the	DET
cjal-3181	362	7	interim	interim	ADJ
cjal-3181	362	8	securities	security	NOUN
cjal-3181	362	9	regulations	regulation	NOUN
cjal-3181	362	10	,	,	PUNCT
cjal-3181	362	11	an	an	DET
cjal-3181	362	12	acquirer	acquirer	NOUN
cjal-3181	362	13	who	who	PRON
cjal-3181	362	14	has	have	VERB
cjal-3181	362	15	five	five	NUM
cjal-3181	362	16	-	-	PUNCT
cjal-3181	362	17	percent	percent	NOUN
cjal-3181	362	18	ownership	ownership	NOUN
cjal-3181	362	19	of	of	ADP
cjal-3181	362	20	the	the	DET
cjal-3181	362	21	target	target	NOUN
cjal-3181	362	22	company	company	NOUN
cjal-3181	362	23	can	can	AUX
cjal-3181	362	24	continue	continue	VERB
cjal-3181	362	25	to	to	PART
cjal-3181	362	26	purchase	purchase	VERB
cjal-3181	362	27	shares	share	NOUN
cjal-3181	362	28	during	during	ADP
cjal-3181	362	29	the	the	DET
cjal-3181	362	30	ten	ten	NUM
cjal-3181	362	31	days	day	NOUN
cjal-3181	362	32	before	before	ADP
cjal-3181	362	33	making	make	VERB
cjal-3181	362	34	its	its	PRON
cjal-3181	362	35	announcement	announcement	NOUN
cjal-3181	362	36	.	.	PUNCT
cjal-3181	362	37	'	'	PUNCT
cjal-3181	363	1	5	5	NUM
cjal-3181	363	2	in	in	ADP
cjal-3181	363	3	that	that	DET
cjal-3181	363	4	ten	ten	NUM
cjal-3181	363	5	-	-	PUNCT
cjal-3181	363	6	day	day	NOUN
cjal-3181	363	7	period	period	NOUN
cjal-3181	363	8	,	,	PUNCT
cjal-3181	363	9	acquirers	acquirer	NOUN
cjal-3181	363	10	purchase	purchase	VERB
cjal-3181	363	11	on	on	ADP
cjal-3181	363	12	average	average	ADJ
cjal-3181	363	13	7.6	7.6	NUM
cjal-3181	363	14	%	%	NOUN
cjal-3181	363	15	of	of	ADP
cjal-3181	363	16	the	the	DET
cjal-3181	363	17	shares	share	NOUN
cjal-3181	363	18	of	of	ADP
cjal-3181	363	19	109	109	NUM
cjal-3181	363	20	.	.	NOUN
cjal-3181	363	21	15	15	NUM
cjal-3181	363	22	u.s.c	u.s.c	NOUN
cjal-3181	363	23	.	.	PUNCT
cjal-3181	364	1	§	§	NOUN
cjal-3181	364	2	78m(d)(1	78m(d)(1	NOUN
cjal-3181	364	3	)	)	PUNCT
cjal-3181	364	4	(	(	PUNCT
cjal-3181	364	5	1996	1996	NUM
cjal-3181	364	6	)	)	PUNCT
cjal-3181	364	7	(	(	PUNCT
cjal-3181	364	8	this	this	PRON
cjal-3181	364	9	is	be	AUX
cjal-3181	364	10	section	section	NOUN
cjal-3181	364	11	13(d)(1	13(d)(1	NUM
cjal-3181	364	12	)	)	PUNCT
cjal-3181	364	13	of	of	ADP
cjal-3181	364	14	the	the	DET
cjal-3181	364	15	exchange	exchange	NOUN
cjal-3181	364	16	act	act	PROPN
cjal-3181	364	17	.	.	PUNCT
cjal-3181	365	1	under	under	ADP
cjal-3181	365	2	schedule	schedule	NOUN
cjal-3181	365	3	13d	13d	NOUN
cjal-3181	365	4	of	of	ADP
cjal-3181	365	5	the	the	DET
cjal-3181	365	6	exchange	exchange	NOUN
cjal-3181	365	7	act	act	NOUN
cjal-3181	365	8	,	,	PUNCT
cjal-3181	365	9	one	one	PRON
cjal-3181	365	10	is	be	AUX
cjal-3181	365	11	required	require	VERB
cjal-3181	365	12	to	to	PART
cjal-3181	365	13	complete	complete	VERB
cjal-3181	365	14	five	five	NUM
cjal-3181	365	15	items	item	NOUN
cjal-3181	365	16	:	:	PUNCT
cjal-3181	365	17	i	i	X
cjal-3181	365	18	)	)	PUNCT
cjal-3181	365	19	the	the	DET
cjal-3181	365	20	background	background	NOUN
cjal-3181	365	21	of	of	ADP
cjal-3181	365	22	such	such	ADJ
cjal-3181	365	23	person	person	NOUN
cjal-3181	365	24	whether	whether	SCONJ
cjal-3181	365	25	the	the	DET
cjal-3181	365	26	person	person	NOUN
cjal-3181	365	27	is	be	AUX
cjal-3181	365	28	a	a	DET
cjal-3181	365	29	corporation	corporation	NOUN
cjal-3181	365	30	or	or	CCONJ
cjal-3181	365	31	a	a	DET
cjal-3181	365	32	natural	natural	ADJ
cjal-3181	365	33	person	person	NOUN
cjal-3181	365	34	;	;	PUNCT
cjal-3181	365	35	ii	ii	X
cjal-3181	365	36	)	)	PUNCT
cjal-3181	365	37	the	the	DET
cjal-3181	365	38	source	source	NOUN
cjal-3181	365	39	of	of	ADP
cjal-3181	365	40	the	the	DET
cjal-3181	365	41	funds	fund	NOUN
cjal-3181	365	42	used	use	VERB
cjal-3181	365	43	for	for	ADP
cjal-3181	365	44	the	the	DET
cjal-3181	365	45	acquisition	acquisition	NOUN
cjal-3181	365	46	;	;	PUNCT
cjal-3181	365	47	iii	iii	X
cjal-3181	365	48	)	)	PUNCT
cjal-3181	365	49	the	the	DET
cjal-3181	365	50	purpose	purpose	NOUN
cjal-3181	365	51	of	of	ADP
cjal-3181	365	52	the	the	DET
cjal-3181	365	53	acquisition	acquisition	NOUN
cjal-3181	365	54	including	include	VERB
cjal-3181	365	55	changes	change	NOUN
cjal-3181	365	56	to	to	ADP
cjal-3181	365	57	board	board	NOUN
cjal-3181	365	58	of	of	ADP
cjal-3181	365	59	directors	director	NOUN
cjal-3181	365	60	or	or	CCONJ
cjal-3181	365	61	an	an	DET
cjal-3181	365	62	extraordinary	extraordinary	ADJ
cjal-3181	365	63	corporate	corporate	ADJ
cjal-3181	365	64	transaction	transaction	NOUN
cjal-3181	365	65	such	such	ADJ
cjal-3181	365	66	as	as	ADP
cjal-3181	365	67	a	a	DET
cjal-3181	365	68	merger	merger	NOUN
cjal-3181	365	69	,	,	PUNCT
cjal-3181	365	70	iv	iv	X
cjal-3181	365	71	)	)	PUNCT
cjal-3181	365	72	the	the	DET
cjal-3181	365	73	number	number	NOUN
cjal-3181	365	74	and	and	CCONJ
cjal-3181	365	75	percentage	percentage	NOUN
cjal-3181	365	76	of	of	ADP
cjal-3181	365	77	the	the	DET
cjal-3181	365	78	class	class	NOUN
cjal-3181	365	79	of	of	ADP
cjal-3181	365	80	securities	security	NOUN
cjal-3181	365	81	beneficially	beneficially	ADV
cjal-3181	365	82	owned	own	VERB
cjal-3181	365	83	v	v	NOUN
cjal-3181	365	84	)	)	PUNCT
cjal-3181	365	85	the	the	DET
cjal-3181	365	86	relevant	relevant	ADJ
cjal-3181	365	87	contracts	contract	NOUN
cjal-3181	365	88	,	,	PUNCT
cjal-3181	365	89	arrangements	arrangement	NOUN
cjal-3181	365	90	or	or	CCONJ
cjal-3181	365	91	understandings	understanding	NOUN
cjal-3181	365	92	with	with	ADP
cjal-3181	365	93	respect	respect	NOUN
cjal-3181	365	94	to	to	ADP
cjal-3181	365	95	securities	security	NOUN
cjal-3181	365	96	of	of	ADP
cjal-3181	365	97	the	the	DET
cjal-3181	365	98	issuer	issuer	NOUN
cjal-3181	365	99	such	such	ADJ
cjal-3181	365	100	as	as	ADP
cjal-3181	365	101	finder	finder	NOUN
cjal-3181	365	102	's	's	PART
cjal-3181	365	103	fees	fee	NOUN
cjal-3181	365	104	,	,	PUNCT
cjal-3181	365	105	joint	joint	ADJ
cjal-3181	365	106	ventures	venture	NOUN
cjal-3181	365	107	,	,	PUNCT
cjal-3181	365	108	loans	loan	NOUN
cjal-3181	365	109	.	.	PUNCT
cjal-3181	365	110	)	)	PUNCT
cjal-3181	366	1	110	110	NUM
cjal-3181	366	2	.	.	PUNCT
cjal-3181	367	1	rules	rule	NOUN
cjal-3181	367	2	and	and	CCONJ
cjal-3181	367	3	regulations	regulation	NOUN
cjal-3181	367	4	of	of	ADP
cjal-3181	367	5	the	the	DET
cjal-3181	367	6	securities	securities	PROPN
cjal-3181	367	7	exchange	exchange	PROPN
cjal-3181	367	8	act	act	NOUN
cjal-3181	367	9	of	of	ADP
cjal-3181	367	10	1934,17	1934,17	PROPN
cjal-3181	367	11	cfr	cfr	NOUN
cjal-3181	367	12	240.13d-3	240.13d-3	NUM
cjal-3181	367	13	(	(	PUNCT
cjal-3181	367	14	1996	1996	NUM
cjal-3181	367	15	)	)	PUNCT
cjal-3181	367	16	(	(	PUNCT
cjal-3181	367	17	determination	determination	NOUN
cjal-3181	367	18	of	of	ADP
cjal-3181	367	19	beneficial	beneficial	ADJ
cjal-3181	367	20	ownership	ownership	NOUN
cjal-3181	367	21	.	.	PUNCT
cjal-3181	367	22	)	)	PUNCT
cjal-3181	367	23	.	.	PUNCT
cjal-3181	368	1	111	111	NUM
cjal-3181	368	2	.	.	PUNCT
cjal-3181	368	3	jennings	jennings	PROPN
cjal-3181	368	4	,	,	PUNCT
cjal-3181	368	5	supra	supra	PROPN
cjal-3181	368	6	note	note	PROPN
cjal-3181	368	7	23	23	NUM
cjal-3181	368	8	,	,	PUNCT
cjal-3181	368	9	at	at	ADP
cjal-3181	368	10	658	658	NUM
cjal-3181	368	11	.	.	PUNCT
cjal-3181	369	1	112	112	NUM
cjal-3181	369	2	.	.	PUNCT
cjal-3181	369	3	17	17	NUM
cjal-3181	369	4	cfr	cfr	NOUN
cjal-3181	369	5	240.13d-1	240.13d-1	NUM
cjal-3181	369	6	(	(	PUNCT
cjal-3181	369	7	1996	1996	NUM
cjal-3181	369	8	)	)	PUNCT
cjal-3181	369	9	(	(	PUNCT
cjal-3181	369	10	filing	filing	NOUN
cjal-3181	369	11	of	of	ADP
cjal-3181	369	12	schedule	schedule	NOUN
cjal-3181	369	13	13d	13d	NOUN
cjal-3181	369	14	and	and	CCONJ
cjal-3181	369	15	13	13	NUM
cjal-3181	369	16	g.	g.	NOUN
cjal-3181	369	17	)	)	PUNCT
cjal-3181	369	18	.	.	PUNCT
cjal-3181	370	1	113	113	NUM
cjal-3181	370	2	.	.	X
cjal-3181	371	1	17	17	NUM
cjal-3181	371	2	cfr	cfr	NOUN
cjal-3181	371	3	240.13d-2	240.13d-2	NOUN
cjal-3181	371	4	(	(	PUNCT
cjal-3181	371	5	1996	1996	NUM
cjal-3181	371	6	)	)	PUNCT
cjal-3181	371	7	(	(	PUNCT
cjal-3181	371	8	filing	filing	NOUN
cjal-3181	371	9	of	of	ADP
cjal-3181	371	10	amendments	amendment	NOUN
cjal-3181	371	11	to	to	ADP
cjal-3181	371	12	schedules	schedule	NOUN
cjal-3181	371	13	13d	13d	NOUN
cjal-3181	371	14	or	or	CCONJ
cjal-3181	371	15	13	13	NUM
cjal-3181	371	16	g.	g.	NOUN
cjal-3181	371	17	)	)	PUNCT
cjal-3181	371	18	.	.	PUNCT
cjal-3181	372	1	114	114	NUM
cjal-3181	372	2	.	.	PUNCT
cjal-3181	372	3	jennings	jennings	PROPN
cjal-3181	372	4	,	,	PUNCT
cjal-3181	372	5	supra	supra	PROPN
cjal-3181	372	6	note	note	PROPN
cjal-3181	372	7	23	23	NUM
cjal-3181	372	8	,	,	PUNCT
cjal-3181	372	9	at	at	ADP
cjal-3181	372	10	658	658	NUM
cjal-3181	372	11	.	.	PUNCT
cjal-3181	373	1	115	115	NUM
cjal-3181	373	2	.	.	PUNCT
cjal-3181	374	1	17	17	NUM
cjal-3181	374	2	cfr	cfr	NOUN
cjal-3181	374	3	240.13d	240.13d	NOUN
cjal-3181	374	4	-	-	PUNCT
cjal-3181	374	5	l(b)(3)(ii	l(b)(3)(ii	ADJ
cjal-3181	374	6	)	)	PUNCT
cjal-3181	374	7	(	(	PUNCT
cjal-3181	374	8	1996	1996	NUM
cjal-3181	374	9	)	)	PUNCT
cjal-3181	374	10	.	.	PUNCT
cjal-3181	375	1	columbia	columbia	PROPN
cjal-3181	375	2	journal	journal	PROPN
cjal-3181	375	3	of	of	ADP
cjal-3181	375	4	asian	asian	ADJ
cjal-3181	375	5	law	law	NOUN
cjal-3181	375	6	[	[	PUNCT
cjal-3181	375	7	the	the	DET
cjal-3181	375	8	target	target	NOUN
cjal-3181	375	9	company	company	NOUN
cjal-3181	375	10	.	.	PUNCT
cjal-3181	375	11	"	"	PUNCT
cjal-3181	376	1	6	6	NUM
cjal-3181	376	2	through	through	ADP
cjal-3181	376	3	these	these	DET
cjal-3181	376	4	purchases	purchase	NOUN
cjal-3181	376	5	,	,	PUNCT
cjal-3181	376	6	the	the	DET
cjal-3181	376	7	acquirer	acquirer	NOUN
cjal-3181	376	8	secures	secure	VERB
cjal-3181	376	9	its	its	PRON
cjal-3181	376	10	profit	profit	NOUN
cjal-3181	376	11	in	in	ADP
cjal-3181	376	12	the	the	DET
cjal-3181	376	13	transaction	transaction	NOUN
cjal-3181	376	14	since	since	SCONJ
cjal-3181	376	15	the	the	DET
cjal-3181	376	16	prices	price	NOUN
cjal-3181	376	17	quickly	quickly	ADV
cjal-3181	376	18	adjust	adjust	VERB
cjal-3181	376	19	after	after	ADP
cjal-3181	376	20	the	the	DET
cjal-3181	376	21	schedule	schedule	NOUN
cjal-3181	376	22	13d	13d	NOUN
cjal-3181	376	23	announcement	announcement	NOUN
cjal-3181	376	24	.	.	PUNCT
cjal-3181	376	25	"	"	PUNCT
cjal-3181	377	1	17	17	NUM
cjal-3181	377	2	b.	b.	PROPN
cjal-3181	377	3	tender	tender	PROPN
cjal-3181	377	4	offer	offer	NOUN
cjal-3181	377	5	regulations	regulation	NOUN
cjal-3181	377	6	there	there	PRON
cjal-3181	377	7	are	be	VERB
cjal-3181	377	8	two	two	NUM
cjal-3181	377	9	major	major	ADJ
cjal-3181	377	10	differences	difference	NOUN
cjal-3181	377	11	between	between	ADP
cjal-3181	377	12	the	the	DET
cjal-3181	377	13	tender	tender	NOUN
cjal-3181	377	14	offer	offer	NOUN
cjal-3181	377	15	regulations	regulation	NOUN
cjal-3181	377	16	of	of	ADP
cjal-3181	377	17	the	the	DET
cjal-3181	377	18	interim	interim	ADJ
cjal-3181	377	19	securities	security	NOUN
cjal-3181	377	20	regulations	regulation	NOUN
cjal-3181	377	21	and	and	CCONJ
cjal-3181	377	22	the	the	DET
cjal-3181	377	23	williams	williams	PROPN
cjal-3181	377	24	act	act	PROPN
cjal-3181	377	25	.	.	PUNCT
cjal-3181	378	1	first	first	ADV
cjal-3181	378	2	and	and	CCONJ
cjal-3181	378	3	most	most	ADV
cjal-3181	378	4	importantly	importantly	ADV
cjal-3181	378	5	,	,	PUNCT
cjal-3181	378	6	an	an	DET
cjal-3181	378	7	acquirer	acquirer	NOUN
cjal-3181	378	8	under	under	ADP
cjal-3181	378	9	the	the	DET
cjal-3181	378	10	williams	williams	PROPN
cjal-3181	378	11	act	act	PROPN
cjal-3181	378	12	has	have	VERB
cjal-3181	378	13	greater	great	ADJ
cjal-3181	378	14	flexibility	flexibility	NOUN
cjal-3181	378	15	.	.	PUNCT
cjal-3181	379	1	it	it	PRON
cjal-3181	379	2	is	be	AUX
cjal-3181	379	3	free	free	ADJ
cjal-3181	379	4	to	to	PART
cjal-3181	379	5	make	make	VERB
cjal-3181	379	6	a	a	DET
cjal-3181	379	7	tender	tender	NOUN
cjal-3181	379	8	offer	offer	NOUN
cjal-3181	379	9	at	at	ADP
cjal-3181	379	10	any	any	DET
cjal-3181	379	11	time	time	NOUN
cjal-3181	379	12	and	and	CCONJ
cjal-3181	379	13	is	be	AUX
cjal-3181	379	14	not	not	PART
cjal-3181	379	15	required	require	VERB
cjal-3181	379	16	to	to	PART
cjal-3181	379	17	make	make	VERB
cjal-3181	379	18	an	an	DET
cjal-3181	379	19	offer	offer	NOUN
cjal-3181	379	20	if	if	SCONJ
cjal-3181	379	21	it	it	PRON
cjal-3181	379	22	becomes	become	VERB
cjal-3181	379	23	a	a	DET
cjal-3181	379	24	30	30	NUM
cjal-3181	379	25	%	%	NOUN
cjal-3181	379	26	shareholder	shareholder	NOUN
cjal-3181	379	27	as	as	SCONJ
cjal-3181	379	28	it	it	PRON
cjal-3181	379	29	would	would	AUX
cjal-3181	379	30	under	under	ADP
cjal-3181	379	31	the	the	DET
cjal-3181	379	32	interim	interim	ADJ
cjal-3181	379	33	securities	security	NOUN
cjal-3181	379	34	regulations	regulation	NOUN
cjal-3181	379	35	.	.	PUNCT
cjal-3181	380	1	it	it	PRON
cjal-3181	380	2	gets	get	VERB
cjal-3181	380	3	its	its	PRON
cjal-3181	380	4	offer	offer	NOUN
cjal-3181	380	5	out	out	ADP
cjal-3181	380	6	directly	directly	ADV
cjal-3181	380	7	to	to	ADP
cjal-3181	380	8	the	the	DET
cjal-3181	380	9	shareholders	shareholder	NOUN
cjal-3181	380	10	and	and	CCONJ
cjal-3181	380	11	can	can	AUX
cjal-3181	380	12	gain	gain	VERB
cjal-3181	380	13	a	a	DET
cjal-3181	380	14	foothold	foothold	NOUN
cjal-3181	380	15	in	in	ADP
cjal-3181	380	16	the	the	DET
cjal-3181	380	17	target	target	NOUN
cjal-3181	380	18	company	company	NOUN
cjal-3181	380	19	without	without	ADP
cjal-3181	380	20	making	make	VERB
cjal-3181	380	21	open	open	ADJ
cjal-3181	380	22	-	-	PUNCT
cjal-3181	380	23	market	market	NOUN
cjal-3181	380	24	purchases	purchase	NOUN
cjal-3181	380	25	.	.	PUNCT
cjal-3181	381	1	however	however	ADV
cjal-3181	381	2	,	,	PUNCT
cjal-3181	381	3	the	the	DET
cjal-3181	381	4	acquirer	acquirer	NOUN
cjal-3181	381	5	would	would	AUX
cjal-3181	381	6	most	most	ADV
cjal-3181	381	7	likely	likely	ADV
cjal-3181	381	8	have	have	VERB
cjal-3181	381	9	to	to	PART
cjal-3181	381	10	offer	offer	VERB
cjal-3181	381	11	a	a	DET
cjal-3181	381	12	large	large	ADJ
cjal-3181	381	13	premium	premium	NOUN
cjal-3181	381	14	of	of	ADP
cjal-3181	381	15	about	about	ADV
cjal-3181	381	16	50	50	NUM
cjal-3181	381	17	%	%	NOUN
cjal-3181	381	18	in	in	ADP
cjal-3181	381	19	its	its	PRON
cjal-3181	381	20	tender	tender	NOUN
cjal-3181	381	21	offer	offer	NOUN
cjal-3181	381	22	.	.	PUNCT
cjal-3181	382	1	'1	'1	PROPN
cjal-3181	382	2	8	8	NUM
cjal-3181	382	3	second	second	NOUN
cjal-3181	382	4	,	,	PUNCT
cjal-3181	382	5	the	the	DET
cjal-3181	382	6	interim	interim	ADJ
cjal-3181	382	7	securities	security	NOUN
cjal-3181	382	8	regulations	regulation	NOUN
cjal-3181	382	9	provide	provide	VERB
cjal-3181	382	10	greater	great	ADJ
cjal-3181	382	11	protection	protection	NOUN
cjal-3181	382	12	for	for	ADP
cjal-3181	382	13	surviving	survive	VERB
cjal-3181	382	14	target	target	NOUN
cjal-3181	382	15	shareholders	shareholder	NOUN
cjal-3181	382	16	than	than	ADP
cjal-3181	382	17	the	the	DET
cjal-3181	382	18	williams	williams	PROPN
cjal-3181	382	19	act	act	PROPN
cjal-3181	382	20	.	.	PUNCT
cjal-3181	383	1	"19	"19	PUNCT
cjal-3181	383	2	under	under	ADP
cjal-3181	383	3	the	the	DET
cjal-3181	383	4	williams	williams	PROPN
cjal-3181	383	5	act	act	PROPN
cjal-3181	383	6	,	,	PUNCT
cjal-3181	383	7	there	there	PRON
cjal-3181	383	8	is	be	VERB
cjal-3181	383	9	no	no	DET
cjal-3181	383	10	protection	protection	NOUN
cjal-3181	383	11	for	for	ADP
cjal-3181	383	12	a	a	DET
cjal-3181	383	13	shareholder	shareholder	NOUN
cjal-3181	383	14	in	in	ADP
cjal-3181	383	15	a	a	DET
cjal-3181	383	16	freeze	freeze	VERB
cjal-3181	383	17	-	-	PUNCT
cjal-3181	383	18	out	out	ADP
cjal-3181	383	19	merger	merger	NOUN
cjal-3181	383	20	.	.	PUNCT
cjal-3181	384	1	"	"	PUNCT
cjal-3181	384	2	current	current	ADJ
cjal-3181	384	3	takeout	takeout	NOUN
cjal-3181	384	4	law	law	NOUN
cjal-3181	384	5	allows	allow	VERB
cjal-3181	384	6	successful	successful	ADJ
cjal-3181	384	7	bidders	bidder	NOUN
cjal-3181	384	8	to	to	PART
cjal-3181	384	9	pay	pay	VERB
cjal-3181	384	10	minority	minority	NOUN
cjal-3181	384	11	shareholders	shareholder	NOUN
cjal-3181	384	12	in	in	ADP
cjal-3181	384	13	an	an	DET
cjal-3181	384	14	immediate	immediate	ADJ
cjal-3181	384	15	takeout	takeout	NOUN
cjal-3181	384	16	a	a	DET
cjal-3181	384	17	consideration	consideration	NOUN
cjal-3181	384	18	with	with	ADP
cjal-3181	384	19	a	a	DET
cjal-3181	384	20	value	value	NOUN
cjal-3181	384	21	lower	low	ADJ
cjal-3181	384	22	than	than	ADP
cjal-3181	384	23	the	the	DET
cjal-3181	384	24	bid	bid	NOUN
cjal-3181	384	25	price	price	NOUN
cjal-3181	384	26	.	.	PUNCT
cjal-3181	385	1	,	,	PUNCT
cjal-3181	385	2	120	120	NUM
cjal-3181	385	3	the	the	DET
cjal-3181	385	4	minority	minority	NOUN
cjal-3181	385	5	shareholders	shareholder	NOUN
cjal-3181	385	6	'	'	PART
cjal-3181	385	7	remedy	remedy	NOUN
cjal-3181	385	8	would	would	AUX
cjal-3181	385	9	be	be	AUX
cjal-3181	385	10	to	to	ADP
cjal-3181	385	11	116	116	NUM
cjal-3181	385	12	.	.	PUNCT
cjal-3181	386	1	jensen	jensen	PROPN
cjal-3181	386	2	,	,	PUNCT
cjal-3181	386	3	supra	supra	PROPN
cjal-3181	386	4	note	note	PROPN
cjal-3181	386	5	24	24	NUM
cjal-3181	386	6	,	,	PUNCT
cjal-3181	386	7	at	at	ADP
cjal-3181	386	8	347	347	NUM
cjal-3181	386	9	-	-	SYM
cjal-3181	386	10	348	348	NUM
cjal-3181	386	11	(	(	PUNCT
cjal-3181	386	12	"	"	PUNCT
cjal-3181	386	13	current	current	ADJ
cjal-3181	386	14	rules	rule	NOUN
cjal-3181	386	15	allow	allow	VERB
cjal-3181	386	16	the	the	DET
cjal-3181	386	17	acquiring	acquire	VERB
cjal-3181	386	18	firm	firm	NOUN
cjal-3181	386	19	to	to	PART
cjal-3181	386	20	buy	buy	VERB
cjal-3181	386	21	as	as	ADV
cjal-3181	386	22	many	many	ADJ
cjal-3181	386	23	additional	additional	ADJ
cjal-3181	386	24	shares	share	NOUN
cjal-3181	386	25	as	as	SCONJ
cjal-3181	386	26	it	it	PRON
cjal-3181	386	27	can	can	AUX
cjal-3181	386	28	in	in	ADP
cjal-3181	386	29	the	the	DET
cjal-3181	386	30	ten	ten	NUM
cjal-3181	386	31	-	-	PUNCT
cjal-3181	386	32	day	day	NOUN
cjal-3181	386	33	window	window	NOUN
cjal-3181	386	34	between	between	ADP
cjal-3181	386	35	the	the	DET
cjal-3181	386	36	time	time	NOUN
cjal-3181	386	37	the	the	DET
cjal-3181	386	38	5	5	NUM
cjal-3181	386	39	%	%	NOUN
cjal-3181	386	40	filing	filing	NOUN
cjal-3181	386	41	barrier	barrier	NOUN
cjal-3181	386	42	is	be	AUX
cjal-3181	386	43	reached	reach	VERB
cjal-3181	386	44	and	and	CCONJ
cjal-3181	386	45	the	the	DET
cjal-3181	386	46	time	time	NOUN
cjal-3181	386	47	of	of	ADP
cjal-3181	386	48	the	the	DET
cjal-3181	386	49	filing	filing	NOUN
cjal-3181	386	50	.	.	PUNCT
cjal-3181	387	1	this	this	DET
cjal-3181	387	2	rule	rule	NOUN
cjal-3181	387	3	allows	allow	VERB
cjal-3181	387	4	buyers	buyer	NOUN
cjal-3181	387	5	to	to	PART
cjal-3181	387	6	acquire	acquire	VERB
cjal-3181	387	7	shares	share	NOUN
cjal-3181	387	8	that	that	PRON
cjal-3181	387	9	average	average	VERB
cjal-3181	387	10	7.6	7.6	NUM
cjal-3181	387	11	%	%	NOUN
cjal-3181	387	12	of	of	ADP
cjal-3181	387	13	the	the	DET
cjal-3181	387	14	target	target	NOUN
cjal-3181	387	15	firm	firm	NOUN
cjal-3181	387	16	.	.	PUNCT
cjal-3181	387	17	"	"	PUNCT
cjal-3181	387	18	)	)	PUNCT
cjal-3181	387	19	.	.	PUNCT
cjal-3181	388	1	117	117	NUM
cjal-3181	388	2	.	.	PUNCT
cjal-3181	389	1	i	i	PRON
cjal-3181	389	2	d.	d.	PROPN
cjal-3181	389	3	,	,	PUNCT
cjal-3181	389	4	at	at	ADP
cjal-3181	389	5	348	348	NUM
cjal-3181	389	6	(	(	PUNCT
cjal-3181	389	7	"	"	PUNCT
cjal-3181	389	8	since	since	SCONJ
cjal-3181	389	9	market	market	NOUN
cjal-3181	389	10	prices	price	NOUN
cjal-3181	389	11	adjust	adjust	VERB
cjal-3181	389	12	to	to	ADP
cjal-3181	389	13	the	the	DET
cjal-3181	389	14	expected	expect	VERB
cjal-3181	389	15	value	value	NOUN
cjal-3181	389	16	of	of	ADP
cjal-3181	389	17	the	the	DET
cjal-3181	389	18	takeover	takeover	NOUN
cjal-3181	389	19	bid	bid	NOUN
cjal-3181	389	20	immediately	immediately	ADV
cjal-3181	389	21	after	after	ADP
cjal-3181	389	22	the	the	DET
cjal-3181	389	23	13d	13d	NOUN
cjal-3181	389	24	announcement	announcement	NOUN
cjal-3181	389	25	,	,	PUNCT
cjal-3181	389	26	the	the	DET
cjal-3181	389	27	acquirer	acquirer	NOUN
cjal-3181	389	28	's	's	PART
cjal-3181	389	29	profits	profit	NOUN
cjal-3181	389	30	are	be	AUX
cjal-3181	389	31	made	make	VERB
cjal-3181	389	32	almost	almost	ADV
cjal-3181	389	33	entirely	entirely	ADV
cjal-3181	389	34	on	on	ADP
cjal-3181	389	35	the	the	DET
cjal-3181	389	36	difference	difference	NOUN
cjal-3181	389	37	between	between	ADP
cjal-3181	389	38	the	the	DET
cjal-3181	389	39	price	price	NOUN
cjal-3181	389	40	paid	pay	VERB
cjal-3181	389	41	for	for	ADP
cjal-3181	389	42	the	the	DET
cjal-3181	389	43	shares	share	NOUN
cjal-3181	389	44	purchased	purchase	VERB
cjal-3181	389	45	prior	prior	ADV
cjal-3181	389	46	to	to	ADP
cjal-3181	389	47	the	the	DET
cjal-3181	389	48	filing	filing	NOUN
cjal-3181	389	49	of	of	ADP
cjal-3181	389	50	the	the	DET
cjal-3181	389	51	13d	13d	NOUN
cjal-3181	389	52	and	and	CCONJ
cjal-3181	389	53	their	their	PRON
cjal-3181	389	54	value	value	NOUN
cjal-3181	389	55	after	after	ADP
cjal-3181	389	56	the	the	DET
cjal-3181	389	57	acquisition	acquisition	NOUN
cjal-3181	389	58	.	.	PUNCT
cjal-3181	390	1	"	"	PUNCT
cjal-3181	390	2	)	)	PUNCT
cjal-3181	390	3	.	.	PUNCT
cjal-3181	391	1	118	118	NUM
cjal-3181	391	2	.	.	PUNCT
cjal-3181	392	1	i	i	PRON
cjal-3181	392	2	d.	d.	PROPN
cjal-3181	392	3	,	,	PUNCT
cjal-3181	392	4	at	at	ADP
cjal-3181	392	5	314	314	NUM
cjal-3181	392	6	(	(	PUNCT
cjal-3181	392	7	"	"	PUNCT
cjal-3181	392	8	takeovers	takeover	NOUN
cjal-3181	392	9	benefit	benefit	VERB
cjal-3181	392	10	target	target	NOUN
cjal-3181	392	11	shareholders	shareholder	NOUN
cjal-3181	392	12	-premiums	-premium	NOUN
cjal-3181	392	13	in	in	ADP
cjal-3181	392	14	hostile	hostile	ADJ
cjal-3181	392	15	offers	offer	NOUN
cjal-3181	392	16	historically	historically	ADV
cjal-3181	392	17	exceed	exceed	VERB
cjal-3181	392	18	30	30	NUM
cjal-3181	392	19	%	%	NOUN
cjal-3181	392	20	,	,	PUNCT
cjal-3181	392	21	on	on	ADP
cjal-3181	392	22	average	average	ADJ
cjal-3181	392	23	,	,	PUNCT
cjal-3181	392	24	and	and	CCONJ
cjal-3181	392	25	in	in	ADP
cjal-3181	392	26	recent	recent	ADJ
cjal-3181	392	27	times	time	NOUN
cjal-3181	392	28	have	have	AUX
cjal-3181	392	29	averaged	average	VERB
cjal-3181	392	30	about	about	ADV
cjal-3181	392	31	50	50	NUM
cjal-3181	392	32	%	%	NOUN
cjal-3181	392	33	.	.	PUNCT
cjal-3181	392	34	"	"	PUNCT
cjal-3181	392	35	)	)	PUNCT
cjal-3181	392	36	.	.	PUNCT
cjal-3181	393	1	119	119	NUM
cjal-3181	393	2	.	.	PUNCT
cjal-3181	393	3	interim	interim	ADJ
cjal-3181	393	4	securities	security	NOUN
cjal-3181	393	5	regulations	regulation	NOUN
cjal-3181	393	6	,	,	PUNCT
cjal-3181	393	7	supra	supra	PROPN
cjal-3181	393	8	note	note	NOUN
cjal-3181	393	9	1	1	NUM
cjal-3181	393	10	,	,	PUNCT
cjal-3181	393	11	art	art	NOUN
cjal-3181	393	12	.	.	PUNCT
cjal-3181	394	1	51	51	NUM
cjal-3181	394	2	.	.	X
cjal-3181	395	1	120	120	NUM
cjal-3181	395	2	.	.	PUNCT
cjal-3181	396	1	lucien	lucien	PROPN
cjal-3181	396	2	arye	arye	PROPN
cjal-3181	396	3	bebchuk	bebchuk	PROPN
cjal-3181	396	4	,	,	PUNCT
cjal-3181	396	5	the	the	DET
cjal-3181	396	6	pressure	pressure	NOUN
cjal-3181	396	7	to	to	PART
cjal-3181	396	8	tender	tender	VERB
cjal-3181	396	9	:	:	PUNCT
cjal-3181	396	10	an	an	DET
cjal-3181	396	11	analysis	analysis	NOUN
cjal-3181	396	12	and	and	CCONJ
cjal-3181	396	13	proposed	propose	VERB
cjal-3181	396	14	remedy	remedy	NOUN
cjal-3181	396	15	,	,	PUNCT
cjal-3181	396	16	in	in	ADP
cjal-3181	396	17	knights	knight	NOUN
cjal-3181	396	18	,	,	PUNCT
cjal-3181	396	19	raiders	raider	NOUN
cjal-3181	396	20	,	,	PUNCT
cjal-3181	396	21	and	and	CCONJ
cjal-3181	396	22	targets	target	NOUN
cjal-3181	396	23	,	,	PUNCT
cjal-3181	396	24	the	the	DET
cjal-3181	396	25	impact	impact	NOUN
cjal-3181	396	26	of	of	ADP
cjal-3181	396	27	the	the	DET
cjal-3181	396	28	hostile	hostile	ADJ
cjal-3181	396	29	takeover	takeover	NOUN
cjal-3181	396	30	371	371	NUM
cjal-3181	396	31	,	,	PUNCT
cjal-3181	396	32	374	374	NUM
cjal-3181	396	33	(	(	PUNCT
cjal-3181	396	34	john	john	PROPN
cjal-3181	396	35	c.	c.	PROPN
cjal-3181	396	36	coffee	coffee	PROPN
cjal-3181	396	37	,	,	PUNCT
cjal-3181	396	38	jr	jr	PROPN
cjal-3181	396	39	.	.	PROPN
cjal-3181	396	40	et	et	PROPN
cjal-3181	396	41	al	al	PROPN
cjal-3181	396	42	.	.	PUNCT
cjal-3181	397	1	eds	eds	PROPN
cjal-3181	397	2	.	.	PROPN
cjal-3181	397	3	,	,	PUNCT
cjal-3181	397	4	1988	1988	NUM
cjal-3181	397	5	)	)	PUNCT
cjal-3181	397	6	.	.	PUNCT
cjal-3181	398	1	see	see	VERB
cjal-3181	398	2	also	also	ADV
cjal-3181	398	3	santa	santa	PROPN
cjal-3181	398	4	fe	fe	PROPN
cjal-3181	398	5	indus	indus	PROPN
cjal-3181	398	6	.	.	PROPN
cjal-3181	398	7	,	,	PUNCT
cjal-3181	398	8	inc	inc	PROPN
cjal-3181	398	9	.	.	PROPN
cjal-3181	399	1	v.	v.	PROPN
cjal-3181	399	2	green	green	PROPN
cjal-3181	399	3	,	,	PUNCT
cjal-3181	399	4	430	430	NUM
cjal-3181	399	5	u.s	u.s	PROPN
cjal-3181	399	6	.	.	PROPN
cjal-3181	399	7	462	462	NUM
cjal-3181	399	8	(	(	PUNCT
cjal-3181	399	9	1977	1977	NUM
cjal-3181	399	10	)	)	PUNCT
cjal-3181	399	11	(	(	PUNCT
cjal-3181	399	12	an	an	DET
cjal-3181	399	13	issue	issue	NOUN
cjal-3181	399	14	was	be	AUX
cjal-3181	399	15	a	a	DET
cjal-3181	399	16	rule	rule	NOUN
cjal-3181	399	17	lob-5	lob-5	NOUN
cjal-3181	399	18	claim	claim	NOUN
cjal-3181	399	19	involving	involve	VERB
cjal-3181	399	20	a	a	DET
cjal-3181	399	21	takeout	takeout	NOUN
cjal-3181	399	22	merger	merger	NOUN
cjal-3181	399	23	pursuant	pursuant	ADJ
cjal-3181	399	24	to	to	ADP
cjal-3181	399	25	the	the	DET
cjal-3181	399	26	"	"	PUNCT
cjal-3181	399	27	short	short	ADJ
cjal-3181	399	28	-	-	PUNCT
cjal-3181	399	29	form	form	NOUN
cjal-3181	399	30	merger	merger	NOUN
cjal-3181	399	31	"	"	PUNCT
cjal-3181	399	32	statute	statute	NOUN
cjal-3181	399	33	of	of	ADP
cjal-3181	399	34	§	§	PROPN
cjal-3181	399	35	253	253	NUM
cjal-3181	399	36	of	of	ADP
cjal-3181	399	37	delaware	delaware	PROPN
cjal-3181	399	38	general	general	PROPN
cjal-3181	399	39	corporation	corporation	PROPN
cjal-3181	399	40	law	law	PROPN
cjal-3181	399	41	.	.	PUNCT
cjal-3181	400	1	the	the	DET
cjal-3181	400	2	minority	minority	NOUN
cjal-3181	400	3	shareholders	shareholder	NOUN
cjal-3181	400	4	could	could	AUX
cjal-3181	400	5	have	have	AUX
cjal-3181	400	6	sought	seek	VERB
cjal-3181	400	7	appraisal	appraisal	NOUN
cjal-3181	400	8	in	in	ADP
cjal-3181	400	9	delaware	delaware	PROPN
cjal-3181	400	10	court	court	PROPN
cjal-3181	400	11	.	.	PUNCT
cjal-3181	401	1	instead	instead	ADV
cjal-3181	401	2	,	,	PUNCT
cjal-3181	401	3	they	they	PRON
cjal-3181	401	4	brought	bring	VERB
cjal-3181	401	5	a	a	DET
cjal-3181	401	6	claim	claim	NOUN
cjal-3181	401	7	to	to	PART
cjal-3181	401	8	set	set	VERB
cjal-3181	401	9	aside	aside	ADP
cjal-3181	401	10	the	the	DET
cjal-3181	401	11	merger	merger	NOUN
cjal-3181	401	12	for	for	ADP
cjal-3181	401	13	a	a	DET
cjal-3181	401	14	violation	violation	NOUN
cjal-3181	401	15	of	of	ADP
cjal-3181	401	16	rule	rule	NOUN
cjal-3181	401	17	1ob-5	1ob-5	NUM
cjal-3181	401	18	because	because	SCONJ
cjal-3181	401	19	the	the	DET
cjal-3181	401	20	freeze	freeze	VERB
cjal-3181	401	21	-	-	PUNCT
cjal-3181	401	22	out	out	ADP
cjal-3181	401	23	price	price	NOUN
cjal-3181	401	24	was	be	AUX
cjal-3181	401	25	inadequate	inadequate	ADJ
cjal-3181	401	26	.	.	PUNCT
cjal-3181	402	1	the	the	DET
cjal-3181	402	2	supreme	supreme	PROPN
cjal-3181	402	3	court	court	PROPN
cjal-3181	402	4	held	hold	VERB
cjal-3181	402	5	that	that	SCONJ
cjal-3181	402	6	since	since	SCONJ
cjal-3181	402	7	there	there	PRON
cjal-3181	402	8	was	be	VERB
cjal-3181	402	9	no	no	DET
cjal-3181	402	10	deception	deception	NOUN
cjal-3181	402	11	nor	nor	CCONJ
cjal-3181	402	12	manipulation	manipulation	NOUN
cjal-3181	402	13	,	,	PUNCT
cjal-3181	402	14	there	there	PRON
cjal-3181	402	15	was	be	VERB
cjal-3181	402	16	no	no	DET
cjal-3181	402	17	violation	violation	NOUN
cjal-3181	402	18	of	of	ADP
cjal-3181	402	19	either	either	DET
cjal-3181	402	20	§	§	PROPN
cjal-3181	402	21	10(b	10(b	NUM
cjal-3181	402	22	)	)	PUNCT
cjal-3181	402	23	of	of	ADP
cjal-3181	402	24	the	the	DET
cjal-3181	402	25	exchange	exchange	NOUN
cjal-3181	402	26	act	act	NOUN
cjal-3181	402	27	or	or	CCONJ
cjal-3181	402	28	rule	rule	VERB
cjal-3181	402	29	lob-5	lob-5	NOUN
cjal-3181	402	30	.	.	PUNCT
cjal-3181	402	31	)	)	PUNCT
cjal-3181	402	32	.	.	PUNCT
cjal-3181	403	1	[	[	X
cjal-3181	403	2	12:1	12:1	NUM
cjal-3181	403	3	1998	1998	NUM
cjal-3181	403	4	]	]	PUNCT
cjal-3181	403	5	comparison	comparison	NOUN
cjal-3181	403	6	of	of	ADP
cjal-3181	403	7	takeover	takeover	NOUN
cjal-3181	403	8	regulations	regulation	NOUN
cjal-3181	403	9	of	of	ADP
cjal-3181	403	10	us	us	PROPN
cjal-3181	403	11	&	&	CCONJ
cjal-3181	403	12	china	china	PROPN
cjal-3181	403	13	117	117	NUM
cjal-3181	403	14	request	request	NOUN
cjal-3181	403	15	a	a	DET
cjal-3181	403	16	state	state	NOUN
cjal-3181	403	17	court	court	NOUN
cjal-3181	403	18	to	to	PART
cjal-3181	403	19	appraise	appraise	VERB
cjal-3181	403	20	the	the	DET
cjal-3181	403	21	value	value	NOUN
cjal-3181	403	22	of	of	ADP
cjal-3181	403	23	their	their	PRON
cjal-3181	403	24	stock	stock	NOUN
cjal-3181	403	25	;	;	PUNCT
cjal-3181	403	26	but	but	CCONJ
cjal-3181	403	27	the	the	DET
cjal-3181	403	28	shareholders	shareholder	NOUN
cjal-3181	403	29	do	do	AUX
cjal-3181	403	30	not	not	PART
cjal-3181	403	31	have	have	VERB
cjal-3181	403	32	a	a	DET
cjal-3181	403	33	remedy	remedy	NOUN
cjal-3181	403	34	for	for	ADP
cjal-3181	403	35	fraud	fraud	NOUN
cjal-3181	403	36	under	under	ADP
cjal-3181	403	37	rule	rule	NOUN
cjal-3181	403	38	lob-5	lob-5	NOUN
cjal-3181	403	39	.	.	PUNCT
cjal-3181	403	40	'	'	PUNCT
cjal-3181	404	1	21	21	NUM
cjal-3181	404	2	also	also	ADV
cjal-3181	404	3	,	,	PUNCT
cjal-3181	404	4	the	the	DET
cjal-3181	404	5	williams	williams	PROPN
cjal-3181	404	6	act	act	PROPN
cjal-3181	404	7	does	do	AUX
cjal-3181	404	8	not	not	PART
cjal-3181	404	9	give	give	VERB
cjal-3181	404	10	remaining	remaining	ADJ
cjal-3181	404	11	target	target	NOUN
cjal-3181	404	12	shareholders	shareholder	NOUN
cjal-3181	404	13	an	an	DET
cjal-3181	404	14	opportunity	opportunity	NOUN
cjal-3181	404	15	to	to	PART
cjal-3181	404	16	avoid	avoid	VERB
cjal-3181	404	17	becoming	become	VERB
cjal-3181	404	18	minority	minority	ADJ
cjal-3181	404	19	shareholders	shareholder	NOUN
cjal-3181	404	20	.	.	PUNCT
cjal-3181	405	1	the	the	DET
cjal-3181	405	2	acquirer	acquirer	NOUN
cjal-3181	405	3	does	do	AUX
cjal-3181	405	4	not	not	PART
cjal-3181	405	5	have	have	VERB
cjal-3181	405	6	to	to	PART
cjal-3181	405	7	make	make	VERB
cjal-3181	405	8	another	another	DET
cjal-3181	405	9	tender	tender	NOUN
cjal-3181	405	10	offer	offer	NOUN
cjal-3181	405	11	to	to	PART
cjal-3181	405	12	gain	gain	VERB
cjal-3181	405	13	majority	majority	NOUN
cjal-3181	405	14	control	control	NOUN
cjal-3181	405	15	if	if	SCONJ
cjal-3181	405	16	it	it	PRON
cjal-3181	405	17	does	do	AUX
cjal-3181	405	18	not	not	PART
cjal-3181	405	19	attract	attract	VERB
cjal-3181	405	20	a	a	DET
cjal-3181	405	21	sufficient	sufficient	ADJ
cjal-3181	405	22	number	number	NOUN
cjal-3181	405	23	of	of	ADP
cjal-3181	405	24	shareholders	shareholder	NOUN
cjal-3181	405	25	in	in	ADP
cjal-3181	405	26	its	its	PRON
cjal-3181	405	27	initial	initial	ADJ
cjal-3181	405	28	tender	tender	NOUN
cjal-3181	405	29	offer	offer	NOUN
cjal-3181	405	30	.	.	PUNCT
cjal-3181	406	1	the	the	DET
cjal-3181	406	2	remaining	remain	VERB
cjal-3181	406	3	shareholders	shareholder	NOUN
cjal-3181	406	4	are	be	AUX
cjal-3181	406	5	protected	protect	VERB
cjal-3181	406	6	only	only	ADV
cjal-3181	406	7	in	in	ADP
cjal-3181	406	8	the	the	DET
cjal-3181	406	9	sense	sense	NOUN
cjal-3181	406	10	that	that	SCONJ
cjal-3181	406	11	the	the	DET
cjal-3181	406	12	acquirer	acquirer	NOUN
cjal-3181	406	13	faces	face	VERB
cjal-3181	406	14	a	a	DET
cjal-3181	406	15	penalty	penalty	NOUN
cjal-3181	406	16	for	for	ADP
cjal-3181	406	17	short	short	ADJ
cjal-3181	406	18	-	-	PUNCT
cjal-3181	406	19	swinging	swinge	VERB
cjal-3181	406	20	trading	trading	NOUN
cjal-3181	406	21	profits	profit	NOUN
cjal-3181	406	22	if	if	SCONJ
cjal-3181	406	23	it	it	PRON
cjal-3181	406	24	sells	sell	VERB
cjal-3181	406	25	its	its	PRON
cjal-3181	406	26	stake	stake	NOUN
cjal-3181	406	27	within	within	ADP
cjal-3181	406	28	six	six	NUM
cjal-3181	406	29	months	month	NOUN
cjal-3181	406	30	.	.	PUNCT
cjal-3181	406	31	'2	'2	PROPN
cjal-3181	406	32	despite	despite	SCONJ
cjal-3181	406	33	these	these	DET
cjal-3181	406	34	two	two	NUM
cjal-3181	406	35	major	major	ADJ
cjal-3181	406	36	differences	difference	NOUN
cjal-3181	406	37	,	,	PUNCT
cjal-3181	406	38	both	both	PRON
cjal-3181	406	39	act	act	VERB
cjal-3181	406	40	to	to	PART
cjal-3181	406	41	prevent	prevent	VERB
cjal-3181	406	42	coercive	coercive	ADJ
cjal-3181	406	43	behavior	behavior	NOUN
cjal-3181	406	44	by	by	ADP
cjal-3181	406	45	the	the	DET
cjal-3181	406	46	tender	tender	NOUN
cjal-3181	406	47	offeror	offeror	NOUN
cjal-3181	406	48	.	.	PUNCT
cjal-3181	407	1	the	the	DET
cjal-3181	407	2	target	target	NOUN
cjal-3181	407	3	shareholders	shareholder	NOUN
cjal-3181	407	4	are	be	AUX
cjal-3181	407	5	informed	inform	VERB
cjal-3181	407	6	of	of	ADP
cjal-3181	407	7	the	the	DET
cjal-3181	407	8	terms	term	NOUN
cjal-3181	407	9	of	of	ADP
cjal-3181	407	10	the	the	DET
cjal-3181	407	11	tender	tender	NOUN
cjal-3181	407	12	offer	offer	NOUN
cjal-3181	407	13	and	and	CCONJ
cjal-3181	407	14	any	any	DET
cjal-3181	407	15	material	material	NOUN
cjal-3181	407	16	changes	change	NOUN
cjal-3181	407	17	to	to	ADP
cjal-3181	407	18	it'23	it'23	PROPN
cjal-3181	407	19	and	and	CCONJ
cjal-3181	407	20	do	do	AUX
cjal-3181	407	21	not	not	PART
cjal-3181	407	22	need	need	VERB
cjal-3181	407	23	to	to	PART
cjal-3181	407	24	tender	tender	VERB
cjal-3181	407	25	their	their	PRON
cjal-3181	407	26	shares	share	NOUN
cjal-3181	407	27	immediately	immediately	ADV
cjal-3181	407	28	.	.	PUNCT
cjal-3181	408	1	24	24	NUM
cjal-3181	408	2	the	the	DET
cjal-3181	408	3	target	target	NOUN
cjal-3181	408	4	shareholders	shareholder	NOUN
cjal-3181	408	5	can	can	AUX
cjal-3181	408	6	withdraw	withdraw	VERB
cjal-3181	408	7	their	their	PRON
cjal-3181	408	8	acceptance	acceptance	NOUN
cjal-3181	408	9	and	and	CCONJ
cjal-3181	408	10	can	can	AUX
cjal-3181	408	11	participate	participate	VERB
cjal-3181	408	12	on	on	ADP
cjal-3181	408	13	a	a	DET
cjal-3181	408	14	pro	pro	ADJ
cjal-3181	408	15	rata	rata	NOUN
cjal-3181	408	16	basis.1	basis.1	NOUN
cjal-3181	408	17	t	t	PROPN
cjal-3181	408	18	finally	finally	ADV
cjal-3181	408	19	,	,	PUNCT
cjal-3181	408	20	the	the	DET
cjal-3181	408	21	tender	tender	NOUN
cjal-3181	408	22	offeror	offeror	NOUN
cjal-3181	408	23	can	can	AUX
cjal-3181	408	24	not	not	PART
cjal-3181	408	25	buy	buy	VERB
cjal-3181	408	26	target	target	NOUN
cjal-3181	408	27	shares	share	NOUN
cjal-3181	408	28	while	while	SCONJ
cjal-3181	408	29	the	the	DET
cjal-3181	408	30	tender	tender	NOUN
cjal-3181	408	31	offer	offer	NOUN
cjal-3181	408	32	is	be	AUX
cjal-3181	408	33	outstanding.126	outstanding.126	PROPN
cjal-3181	408	34	c.	c.	NOUN
cjal-3181	408	35	implications	implication	NOUN
cjal-3181	408	36	for	for	ADP
cjal-3181	408	37	corporate	corporate	ADJ
cjal-3181	408	38	governance	governance	NOUN
cjal-3181	408	39	the	the	DET
cjal-3181	408	40	implications	implication	NOUN
cjal-3181	408	41	for	for	ADP
cjal-3181	408	42	corporate	corporate	ADJ
cjal-3181	408	43	governance	governance	NOUN
cjal-3181	408	44	are	be	AUX
cjal-3181	408	45	that	that	SCONJ
cjal-3181	408	46	while	while	SCONJ
cjal-3181	408	47	the	the	DET
cjal-3181	408	48	chinese	chinese	ADJ
cjal-3181	408	49	system	system	NOUN
cjal-3181	408	50	provides	provide	VERB
cjal-3181	408	51	greater	great	ADJ
cjal-3181	408	52	protection	protection	NOUN
cjal-3181	408	53	from	from	ADP
cjal-3181	408	54	hostile	hostile	ADJ
cjal-3181	408	55	takeovers	takeover	NOUN
cjal-3181	408	56	for	for	ADP
cjal-3181	408	57	the	the	DET
cjal-3181	408	58	target	target	NOUN
cjal-3181	408	59	shareholders	shareholder	NOUN
cjal-3181	408	60	,	,	PUNCT
cjal-3181	408	61	it	it	PRON
cjal-3181	408	62	insulates	insulate	VERB
cjal-3181	408	63	the	the	DET
cjal-3181	408	64	management	management	NOUN
cjal-3181	408	65	of	of	ADP
cjal-3181	408	66	a	a	DET
cjal-3181	408	67	publicly	publicly	ADV
cjal-3181	408	68	-	-	PUNCT
cjal-3181	408	69	listed	list	VERB
cjal-3181	408	70	company	company	NOUN
cjal-3181	408	71	from	from	ADP
cjal-3181	408	72	external	external	ADJ
cjal-3181	408	73	threats	threat	NOUN
cjal-3181	408	74	to	to	ADP
cjal-3181	408	75	their	their	PRON
cjal-3181	408	76	continued	continue	VERB
cjal-3181	408	77	employment	employment	NOUN
cjal-3181	408	78	should	should	AUX
cjal-3181	408	79	the	the	DET
cjal-3181	408	80	market	market	NOUN
cjal-3181	408	81	121	121	NUM
cjal-3181	408	82	.	.	PUNCT
cjal-3181	409	1	santa	santa	PROPN
cjal-3181	409	2	fe	fe	PROPN
cjal-3181	409	3	indus	indus	PROPN
cjal-3181	409	4	.	.	PROPN
cjal-3181	409	5	,	,	PUNCT
cjal-3181	409	6	inc	inc	PROPN
cjal-3181	409	7	.	.	PROPN
cjal-3181	409	8	,	,	PUNCT
cjal-3181	409	9	430	430	NUM
cjal-3181	409	10	u.s	u.s	PROPN
cjal-3181	409	11	.	.	PROPN
cjal-3181	409	12	462	462	NUM
cjal-3181	409	13	.	.	PROPN
cjal-3181	409	14	122	122	NUM
cjal-3181	409	15	.	.	NOUN
cjal-3181	409	16	15	15	NUM
cjal-3181	409	17	u.s.c	u.s.c	NOUN
cjal-3181	409	18	.	.	PUNCT
cjal-3181	410	1	§	§	NOUN
cjal-3181	410	2	78p	78p	NOUN
cjal-3181	410	3	(	(	PUNCT
cjal-3181	410	4	1996	1996	NUM
cjal-3181	410	5	)	)	PUNCT
cjal-3181	410	6	(	(	PUNCT
cjal-3181	410	7	section	section	NOUN
cjal-3181	410	8	16	16	NUM
cjal-3181	410	9	of	of	ADP
cjal-3181	410	10	the	the	DET
cjal-3181	410	11	securities	securities	PROPN
cjal-3181	410	12	exchange	exchange	PROPN
cjal-3181	410	13	act	act	NOUN
cjal-3181	410	14	of	of	ADP
cjal-3181	410	15	1934	1934	NUM
cjal-3181	410	16	)	)	PUNCT
cjal-3181	410	17	.	.	PUNCT
cjal-3181	411	1	123	123	NUM
cjal-3181	411	2	.	.	PUNCT
cjal-3181	412	1	cf	cf	NOUN
cjal-3181	412	2	.	.	PUNCT
cjal-3181	412	3	interim	interim	ADJ
cjal-3181	412	4	securities	security	NOUN
cjal-3181	412	5	regulations	regulation	NOUN
cjal-3181	412	6	,	,	PUNCT
cjal-3181	412	7	supra	supra	PROPN
cjal-3181	412	8	note	note	NOUN
cjal-3181	412	9	1	1	NUM
cjal-3181	412	10	.	.	PUNCT
cjal-3181	412	11	art	art	NOUN
cjal-3181	412	12	.	.	PUNCT
cjal-3181	413	1	52	52	NUM
cjal-3181	413	2	with	with	ADP
cjal-3181	413	3	15	15	NUM
cjal-3181	413	4	u.s.c	u.s.c	ADJ
cjal-3181	413	5	.	.	PUNCT
cjal-3181	414	1	§	§	PROPN
cjal-3181	414	2	78n(d	78n(d	NUM
cjal-3181	414	3	)	)	PUNCT
cjal-3181	414	4	and	and	CCONJ
cjal-3181	414	5	(	(	PUNCT
cjal-3181	414	6	e	e	NOUN
cjal-3181	414	7	)	)	PUNCT
cjal-3181	414	8	(	(	PUNCT
cjal-3181	414	9	1996	1996	NUM
cjal-3181	414	10	)	)	PUNCT
cjal-3181	414	11	(	(	PUNCT
cjal-3181	414	12	under	under	ADP
cjal-3181	414	13	section	section	NOUN
cjal-3181	414	14	14(d	14(d	NUM
cjal-3181	414	15	)	)	PUNCT
cjal-3181	414	16	of	of	ADP
cjal-3181	414	17	the	the	DET
cjal-3181	414	18	exchange	exchange	NOUN
cjal-3181	414	19	act	act	PROPN
cjal-3181	414	20	,	,	PUNCT
cjal-3181	414	21	no	no	DET
cjal-3181	414	22	person	person	NOUN
cjal-3181	414	23	can	can	AUX
cjal-3181	414	24	make	make	VERB
cjal-3181	414	25	a	a	DET
cjal-3181	414	26	tender	tender	NOUN
cjal-3181	414	27	offer	offer	NOUN
cjal-3181	414	28	which	which	PRON
cjal-3181	414	29	would	would	AUX
cjal-3181	414	30	result	result	VERB
cjal-3181	414	31	in	in	ADP
cjal-3181	414	32	his	his	PRON
cjal-3181	414	33	owning	owning	NOUN
cjal-3181	414	34	more	more	ADJ
cjal-3181	414	35	than	than	ADP
cjal-3181	414	36	5	5	NUM
cjal-3181	414	37	%	%	NOUN
cjal-3181	414	38	of	of	ADP
cjal-3181	414	39	a	a	DET
cjal-3181	414	40	class	class	NOUN
cjal-3181	414	41	of	of	ADP
cjal-3181	414	42	registered	register	VERB
cjal-3181	414	43	securities	security	NOUN
cjal-3181	414	44	by	by	ADP
cjal-3181	414	45	section	section	NOUN
cjal-3181	414	46	12	12	NUM
cjal-3181	414	47	of	of	ADP
cjal-3181	414	48	the	the	DET
cjal-3181	414	49	exchange	exchange	NOUN
cjal-3181	414	50	act	act	NOUN
cjal-3181	414	51	unless	unless	SCONJ
cjal-3181	414	52	he	he	PRON
cjal-3181	414	53	has	have	AUX
cjal-3181	414	54	filed	file	VERB
cjal-3181	414	55	with	with	ADP
cjal-3181	414	56	the	the	DET
cjal-3181	414	57	sec	sec	PROPN
cjal-3181	414	58	and	and	CCONJ
cjal-3181	414	59	furnishes	furnish	VERB
cjal-3181	414	60	to	to	ADP
cjal-3181	414	61	each	each	DET
cjal-3181	414	62	offeree	offeree	NOUN
cjal-3181	414	63	a	a	DET
cjal-3181	414	64	statement	statement	NOUN
cjal-3181	414	65	as	as	SCONJ
cjal-3181	414	66	specified	specify	VERB
cjal-3181	414	67	under	under	ADP
cjal-3181	414	68	section	section	NOUN
cjal-3181	414	69	13(d	13(d	NUM
cjal-3181	414	70	)	)	PUNCT
cjal-3181	414	71	.	.	PUNCT
cjal-3181	414	72	)	)	PUNCT
cjal-3181	414	73	.	.	PUNCT
cjal-3181	415	1	also	also	ADV
cjal-3181	415	2	,	,	PUNCT
cjal-3181	415	3	the	the	DET
cjal-3181	415	4	courts	court	NOUN
cjal-3181	415	5	have	have	AUX
cjal-3181	415	6	applied	apply	VERB
cjal-3181	415	7	a	a	DET
cjal-3181	415	8	variety	variety	NOUN
cjal-3181	415	9	of	of	ADP
cjal-3181	415	10	tests	test	NOUN
cjal-3181	415	11	to	to	PART
cjal-3181	415	12	determine	determine	VERB
cjal-3181	415	13	what	what	PRON
cjal-3181	415	14	a	a	DET
cjal-3181	415	15	tender	tender	NOUN
cjal-3181	415	16	offer	offer	NOUN
cjal-3181	415	17	is	be	AUX
cjal-3181	415	18	.	.	PUNCT
cjal-3181	416	1	see	see	VERB
cjal-3181	416	2	e.g.	e.g.	ADV
cjal-3181	416	3	,	,	PUNCT
cjal-3181	416	4	wellman	wellman	NOUN
cjal-3181	416	5	v	v	ADP
cjal-3181	416	6	dickinson	dickinson	NOUN
cjal-3181	416	7	,	,	PUNCT
cjal-3181	416	8	475	475	NUM
cjal-3181	416	9	f.supp	f.supp	ADJ
cjal-3181	416	10	783	783	NUM
cjal-3181	416	11	,	,	PUNCT
cjal-3181	416	12	823	823	NUM
cjal-3181	416	13	-	-	SYM
cjal-3181	416	14	824	824	NUM
cjal-3181	416	15	(	(	PUNCT
cjal-3181	416	16	s.d.n.y	s.d.n.y	PROPN
cjal-3181	416	17	.	.	PROPN
cjal-3181	416	18	1979	1979	NUM
cjal-3181	416	19	)	)	PUNCT
cjal-3181	416	20	(	(	PUNCT
cjal-3181	416	21	adopting	adopt	VERB
cjal-3181	416	22	an	an	DET
cjal-3181	416	23	eight	eight	NUM
cjal-3181	416	24	element	element	NOUN
cjal-3181	416	25	test	test	NOUN
cjal-3181	416	26	suggested	suggest	VERB
cjal-3181	416	27	by	by	ADP
cjal-3181	416	28	the	the	DET
cjal-3181	416	29	sec	sec	PROPN
cjal-3181	416	30	.	.	PUNCT
cjal-3181	417	1	to	to	PART
cjal-3181	417	2	meet	meet	VERB
cjal-3181	417	3	the	the	DET
cjal-3181	417	4	requirements	requirement	NOUN
cjal-3181	417	5	of	of	ADP
cjal-3181	417	6	section	section	NOUN
cjal-3181	417	7	14(d	14(d	NUM
cjal-3181	417	8	)	)	PUNCT
cjal-3181	417	9	,	,	PUNCT
cjal-3181	417	10	when	when	SCONJ
cjal-3181	417	11	one	one	PRON
cjal-3181	417	12	makes	make	VERB
cjal-3181	417	13	a	a	DET
cjal-3181	417	14	tender	tender	NOUN
cjal-3181	417	15	offer	offer	NOUN
cjal-3181	417	16	,	,	PUNCT
cjal-3181	417	17	one	one	PRON
cjal-3181	417	18	must	must	AUX
cjal-3181	417	19	file	file	VERB
cjal-3181	417	20	a	a	DET
cjal-3181	417	21	schedule	schedule	NOUN
cjal-3181	417	22	14d-1	14d-1	NUM
cjal-3181	417	23	statement	statement	NOUN
cjal-3181	417	24	with	with	ADP
cjal-3181	417	25	the	the	DET
cjal-3181	417	26	sec	sec	PROPN
cjal-3181	417	27	,	,	PUNCT
cjal-3181	417	28	send	send	VERB
cjal-3181	417	29	it	it	PRON
cjal-3181	417	30	to	to	ADP
cjal-3181	417	31	the	the	DET
cjal-3181	417	32	issuer	issuer	NOUN
cjal-3181	417	33	and	and	CCONJ
cjal-3181	417	34	send	send	VERB
cjal-3181	417	35	or	or	CCONJ
cjal-3181	417	36	give	give	VERB
cjal-3181	417	37	the	the	DET
cjal-3181	417	38	schedule	schedule	NOUN
cjal-3181	417	39	to	to	ADP
cjal-3181	417	40	the	the	DET
cjal-3181	417	41	security	security	NOUN
cjal-3181	417	42	holder	holder	NOUN
cjal-3181	417	43	.	.	PUNCT
cjal-3181	418	1	the	the	DET
cjal-3181	418	2	schedule	schedule	NOUN
cjal-3181	418	3	14d-1	14d-1	PRON
cjal-3181	418	4	must	must	AUX
cjal-3181	418	5	include	include	VERB
cjal-3181	418	6	the	the	DET
cjal-3181	418	7	same	same	ADJ
cjal-3181	418	8	information	information	NOUN
cjal-3181	418	9	as	as	ADP
cjal-3181	418	10	schedule	schedule	NOUN
cjal-3181	418	11	13d	13d	NOUN
cjal-3181	418	12	along	along	ADP
cjal-3181	418	13	with	with	ADP
cjal-3181	418	14	information	information	NOUN
cjal-3181	418	15	about	about	ADP
cjal-3181	418	16	the	the	DET
cjal-3181	418	17	tender	tender	NOUN
cjal-3181	418	18	offer	offer	NOUN
cjal-3181	418	19	,	,	PUNCT
cjal-3181	418	20	past	past	ADP
cjal-3181	418	21	negotiations	negotiation	NOUN
cjal-3181	418	22	between	between	ADP
cjal-3181	418	23	the	the	DET
cjal-3181	418	24	bidder	bidder	NOUN
cjal-3181	418	25	and	and	CCONJ
cjal-3181	418	26	the	the	DET
cjal-3181	418	27	target	target	NOUN
cjal-3181	418	28	,	,	PUNCT
cjal-3181	418	29	the	the	DET
cjal-3181	418	30	bidder	bidder	NOUN
cjal-3181	418	31	's	's	PART
cjal-3181	418	32	financial	financial	ADJ
cjal-3181	418	33	statements	statement	NOUN
cjal-3181	418	34	,	,	PUNCT
cjal-3181	418	35	any	any	DET
cjal-3181	418	36	regulatory	regulatory	ADJ
cjal-3181	418	37	information	information	NOUN
cjal-3181	418	38	,	,	PUNCT
cjal-3181	418	39	and	and	CCONJ
cjal-3181	418	40	any	any	DET
cjal-3181	418	41	other	other	ADJ
cjal-3181	418	42	material	material	NOUN
cjal-3181	418	43	information	information	NOUN
cjal-3181	418	44	.	.	PUNCT
cjal-3181	418	45	)	)	PUNCT
cjal-3181	418	46	.	.	PUNCT
cjal-3181	419	1	124	124	NUM
cjal-3181	419	2	.	.	PUNCT
cjal-3181	420	1	cf	cf	INTJ
cjal-3181	420	2	.	.	PUNCT
cjal-3181	420	3	,	,	PUNCT
cjal-3181	420	4	interim	interim	ADJ
cjal-3181	420	5	securities	security	NOUN
cjal-3181	420	6	regulations	regulation	NOUN
cjal-3181	420	7	.	.	PUNCT
cjal-3181	421	1	supra	supra	PROPN
cjal-3181	421	2	note	note	NOUN
cjal-3181	421	3	1	1	NUM
cjal-3181	421	4	.	.	PUNCT
cjal-3181	421	5	art	art	NOUN
cjal-3181	421	6	.	.	PUNCT
cjal-3181	422	1	49	49	NUM
cjal-3181	422	2	with	with	ADP
cjal-3181	422	3	17	17	NUM
cjal-3181	422	4	cfr	cfr	NOUN
cjal-3181	422	5	240.14e	240.14e	NUM
cjal-3181	422	6	-	-	NOUN
cjal-3181	422	7	l	l	NOUN
cjal-3181	422	8	(	(	PUNCT
cjal-3181	422	9	1996	1996	NUM
cjal-3181	422	10	)	)	PUNCT
cjal-3181	422	11	(	(	PUNCT
cjal-3181	422	12	by	by	ADP
cjal-3181	422	13	rule	rule	NOUN
cjal-3181	422	14	14e	14e	NOUN
cjal-3181	422	15	-	-	PUNCT
cjal-3181	422	16	l(a	l(a	PROPN
cjal-3181	422	17	)	)	PUNCT
cjal-3181	422	18	,	,	PUNCT
cjal-3181	422	19	the	the	DET
cjal-3181	422	20	tender	tender	NOUN
cjal-3181	422	21	offer	offer	NOUN
cjal-3181	422	22	must	must	AUX
cjal-3181	422	23	be	be	AUX
cjal-3181	422	24	open	open	ADJ
cjal-3181	422	25	for	for	ADP
cjal-3181	422	26	not	not	PART
cjal-3181	422	27	less	less	ADJ
cjal-3181	422	28	than	than	ADP
cjal-3181	422	29	twenty	twenty	NUM
cjal-3181	422	30	business	business	NOUN
cjal-3181	422	31	days	day	NOUN
cjal-3181	422	32	.	.	PUNCT
cjal-3181	422	33	)	)	PUNCT
cjal-3181	422	34	.	.	PUNCT
cjal-3181	423	1	125	125	NUM
cjal-3181	423	2	.	.	PUNCT
cjal-3181	424	1	cf	cf	NOUN
cjal-3181	424	2	.	.	PUNCT
cjal-3181	424	3	,	,	PUNCT
cjal-3181	424	4	interim	interim	ADJ
cjal-3181	424	5	securities	security	NOUN
cjal-3181	424	6	regulations	regulation	NOUN
cjal-3181	424	7	,	,	PUNCT
cjal-3181	424	8	supra	supra	PROPN
cjal-3181	424	9	note	note	NOUN
cjal-3181	424	10	1	1	NUM
cjal-3181	424	11	,	,	PUNCT
cjal-3181	424	12	arts	art	NOUN
cjal-3181	424	13	.	.	PUNCT
cjal-3181	425	1	51	51	NUM
cjal-3181	425	2	with52	with52	NOUN
cjal-3181	425	3	and	and	CCONJ
cjal-3181	425	4	15	15	NUM
cjal-3181	425	5	u.s.c	u.s.c	NOUN
cjal-3181	425	6	.	.	PUNCT
cjal-3181	426	1	§	§	PROPN
cjal-3181	426	2	78n(d)(5	78n(d)(5	PROPN
cjal-3181	426	3	)	)	PUNCT
cjal-3181	426	4	,	,	PUNCT
cjal-3181	426	5	(	(	PUNCT
cjal-3181	426	6	6	6	NUM
cjal-3181	426	7	)	)	PUNCT
cjal-3181	426	8	and	and	CCONJ
cjal-3181	426	9	(	(	PUNCT
cjal-3181	426	10	7	7	NUM
cjal-3181	426	11	)	)	PUNCT
cjal-3181	426	12	(	(	PUNCT
cjal-3181	426	13	1996	1996	NUM
cjal-3181	426	14	)	)	PUNCT
cjal-3181	426	15	.	.	PUNCT
cjal-3181	427	1	126	126	NUM
cjal-3181	427	2	.	.	PUNCT
cjal-3181	428	1	cf	cf	NOUN
cjal-3181	428	2	.	.	PUNCT
cjal-3181	428	3	,	,	PUNCT
cjal-3181	428	4	interim	interim	ADJ
cjal-3181	428	5	securities	security	NOUN
cjal-3181	428	6	regulations	regulation	NOUN
cjal-3181	428	7	,	,	PUNCT
cjal-3181	428	8	supra	supra	PROPN
cjal-3181	428	9	note	note	NOUN
cjal-3181	428	10	1	1	NUM
cjal-3181	428	11	,	,	PUNCT
cjal-3181	428	12	art	art	NOUN
cjal-3181	428	13	.	.	PUNCT
cjal-3181	429	1	48	48	NUM
cjal-3181	429	2	with	with	ADP
cjal-3181	429	3	15	15	NUM
cjal-3181	429	4	u.s.c	u.s.c	ADJ
cjal-3181	429	5	.	.	PUNCT
cjal-3181	430	1	§	§	VERB
cjal-3181	430	2	78n(e	78n(e	NOUN
cjal-3181	430	3	)	)	PUNCT
cjal-3181	430	4	(	(	PUNCT
cjal-3181	430	5	1996	1996	NUM
cjal-3181	430	6	)	)	PUNCT
cjal-3181	430	7	.	.	PUNCT
cjal-3181	431	1	columbia	columbia	PROPN
cjal-3181	431	2	journal	journal	PROPN
cjal-3181	431	3	of	of	ADP
cjal-3181	431	4	asian	asian	PROPN
cjal-3181	431	5	la	la	PROPN
cjal-3181	431	6	w	w	PROPN
cjal-3181	431	7	disagree	disagree	VERB
cjal-3181	431	8	with	with	ADP
cjal-3181	431	9	their	their	PRON
cjal-3181	431	10	performance	performance	NOUN
cjal-3181	431	11	,	,	PUNCT
cjal-3181	431	12	insofar	insofar	ADV
cjal-3181	431	13	as	as	SCONJ
cjal-3181	431	14	the	the	DET
cjal-3181	431	15	share	share	NOUN
cjal-3181	431	16	price	price	NOUN
cjal-3181	431	17	reflects	reflect	VERB
cjal-3181	431	18	shareholder	shareholder	NOUN
cjal-3181	431	19	satisfaction	satisfaction	NOUN
cjal-3181	431	20	with	with	ADP
cjal-3181	431	21	management	management	NOUN
cjal-3181	431	22	's	's	PART
cjal-3181	431	23	performance	performance	NOUN
cjal-3181	431	24	.	.	PUNCT
cjal-3181	432	1	dissatisfied	dissatisfied	ADJ
cjal-3181	432	2	shareholders	shareholder	NOUN
cjal-3181	432	3	sell	sell	VERB
cjal-3181	432	4	their	their	PRON
cjal-3181	432	5	shares	share	NOUN
cjal-3181	432	6	and	and	CCONJ
cjal-3181	432	7	the	the	DET
cjal-3181	432	8	price	price	NOUN
cjal-3181	432	9	falls	fall	VERB
cjal-3181	432	10	accordingly	accordingly	ADV
cjal-3181	432	11	.	.	PUNCT
cjal-3181	433	1	with	with	ADP
cjal-3181	433	2	this	this	DET
cjal-3181	433	3	lack	lack	NOUN
cjal-3181	433	4	of	of	ADP
cjal-3181	433	5	shareholder	shareholder	NOUN
cjal-3181	433	6	accountability	accountability	NOUN
cjal-3181	433	7	,	,	PUNCT
cjal-3181	433	8	will	will	AUX
cjal-3181	433	9	management	management	NOUN
cjal-3181	433	10	have	have	VERB
cjal-3181	433	11	an	an	DET
cjal-3181	433	12	incentive	incentive	NOUN
cjal-3181	433	13	to	to	PART
cjal-3181	433	14	manage	manage	VERB
cjal-3181	433	15	effectively	effectively	ADV
cjal-3181	433	16	,	,	PUNCT
cjal-3181	433	17	thus	thus	ADV
cjal-3181	433	18	creating	create	VERB
cjal-3181	433	19	shareholder	shareholder	NOUN
cjal-3181	433	20	value	value	NOUN
cjal-3181	433	21	?	?	PUNCT
cjal-3181	434	1	from	from	ADP
cjal-3181	434	2	an	an	DET
cjal-3181	434	3	acquirer	acquirer	NOUN
cjal-3181	434	4	's	's	PART
cjal-3181	434	5	point	point	NOUN
cjal-3181	434	6	of	of	ADP
cjal-3181	434	7	view	view	NOUN
cjal-3181	434	8	,	,	PUNCT
cjal-3181	434	9	it	it	PRON
cjal-3181	434	10	may	may	AUX
cjal-3181	434	11	discover	discover	VERB
cjal-3181	434	12	a	a	DET
cjal-3181	434	13	target	target	NOUN
cjal-3181	434	14	company	company	NOUN
cjal-3181	434	15	trading	trading	NOUN
cjal-3181	434	16	at	at	ADP
cjal-3181	434	17	less	less	ADJ
cjal-3181	434	18	than	than	ADP
cjal-3181	434	19	its	its	PRON
cjal-3181	434	20	true	true	ADJ
cjal-3181	434	21	value	value	NOUN
cjal-3181	434	22	because	because	SCONJ
cjal-3181	434	23	of	of	ADP
cjal-3181	434	24	shareholder	shareholder	NOUN
cjal-3181	434	25	dissatisfaction	dissatisfaction	NOUN
cjal-3181	434	26	and	and	CCONJ
cjal-3181	434	27	decide	decide	VERB
cjal-3181	434	28	to	to	PART
cjal-3181	434	29	capture	capture	VERB
cjal-3181	434	30	the	the	DET
cjal-3181	434	31	arbitrage	arbitrage	NOUN
cjal-3181	434	32	gain.127	gain.127	NOUN
cjal-3181	434	33	however	however	ADV
cjal-3181	434	34	,	,	PUNCT
cjal-3181	434	35	under	under	ADP
cjal-3181	434	36	the	the	DET
cjal-3181	434	37	interim	interim	ADJ
cjal-3181	434	38	securities	security	NOUN
cjal-3181	434	39	regulations	regulation	NOUN
cjal-3181	434	40	,	,	PUNCT
cjal-3181	434	41	it	it	PRON
cjal-3181	434	42	can	can	AUX
cjal-3181	434	43	not	not	PART
cjal-3181	434	44	buy	buy	VERB
cjal-3181	434	45	additional	additional	ADJ
cjal-3181	434	46	shares	share	NOUN
cjal-3181	434	47	after	after	ADP
cjal-3181	434	48	crossing	cross	VERB
cjal-3181	434	49	the	the	DET
cjal-3181	434	50	five	five	NUM
cjal-3181	434	51	-	-	PUNCT
cjal-3181	434	52	percent	percent	NOUN
cjal-3181	434	53	ownership	ownership	NOUN
cjal-3181	434	54	threshold	threshold	NOUN
cjal-3181	434	55	until	until	ADP
cjal-3181	434	56	two	two	NUM
cjal-3181	434	57	days	day	NOUN
cjal-3181	434	58	after	after	ADP
cjal-3181	434	59	making	make	VERB
cjal-3181	434	60	its	its	PRON
cjal-3181	434	61	public	public	ADJ
cjal-3181	434	62	announcement	announcement	NOUN
cjal-3181	434	63	.	.	PUNCT
cjal-3181	435	1	128	128	NUM
cjal-3181	436	1	it	it	PRON
cjal-3181	436	2	must	must	AUX
cjal-3181	436	3	also	also	ADV
cjal-3181	436	4	make	make	VERB
cjal-3181	436	5	continual	continual	ADJ
cjal-3181	436	6	public	public	ADJ
cjal-3181	436	7	disclosure	disclosure	NOUN
cjal-3181	436	8	of	of	ADP
cjal-3181	436	9	every	every	DET
cjal-3181	436	10	two	two	NUM
cjal-3181	436	11	-	-	PUNCT
cjal-3181	436	12	percent	percent	NOUN
cjal-3181	436	13	open	open	ADJ
cjal-3181	436	14	-	-	PUNCT
cjal-3181	436	15	market	market	NOUN
cjal-3181	436	16	purchase	purchase	NOUN
cjal-3181	436	17	.	.	PUNCT
cjal-3181	437	1	29	29	NUM
cjal-3181	437	2	also	also	ADV
cjal-3181	437	3	it	it	PRON
cjal-3181	437	4	can	can	AUX
cjal-3181	437	5	not	not	PART
cjal-3181	437	6	freeze	freeze	VERB
cjal-3181	437	7	out	out	ADP
cjal-3181	437	8	the	the	DET
cjal-3181	437	9	minority	minority	NOUN
cjal-3181	437	10	at	at	ADP
cjal-3181	437	11	a	a	DET
cjal-3181	437	12	price	price	NOUN
cjal-3181	437	13	lower	low	ADJ
cjal-3181	437	14	than	than	ADP
cjal-3181	437	15	the	the	DET
cjal-3181	437	16	tender	tender	NOUN
cjal-3181	437	17	offer	offer	NOUN
cjal-3181	437	18	price	price	NOUN
cjal-3181	437	19	.	.	PUNCT
cjal-3181	438	1	3	3	NUM
cjal-3181	438	2	°	°	NOUN
cjal-3181	438	3	its	its	PRON
cjal-3181	438	4	only	only	ADJ
cjal-3181	438	5	tactic	tactic	NOUN
cjal-3181	438	6	is	be	AUX
cjal-3181	438	7	to	to	PART
cjal-3181	438	8	make	make	VERB
cjal-3181	438	9	a	a	DET
cjal-3181	438	10	tender	tender	NOUN
cjal-3181	438	11	offer	offer	NOUN
cjal-3181	438	12	before	before	ADP
cjal-3181	438	13	becoming	become	VERB
cjal-3181	438	14	a	a	DET
cjal-3181	438	15	30	30	NUM
cjal-3181	438	16	%	%	NOUN
cjal-3181	438	17	shareholder	shareholder	NOUN
cjal-3181	438	18	.	.	PUNCT
cjal-3181	438	19	'	'	PUNCT
cjal-3181	439	1	3	3	X
cjal-3181	439	2	'	'	PUNCT
cjal-3181	439	3	all	all	PRON
cjal-3181	439	4	of	of	ADP
cjal-3181	439	5	these	these	DET
cjal-3181	439	6	regulations	regulation	NOUN
cjal-3181	439	7	reduce	reduce	VERB
cjal-3181	439	8	the	the	DET
cjal-3181	439	9	arbitrage	arbitrage	NOUN
cjal-3181	439	10	profit	profit	NOUN
cjal-3181	439	11	potential	potential	NOUN
cjal-3181	439	12	and	and	CCONJ
cjal-3181	439	13	transfer	transfer	VERB
cjal-3181	439	14	a	a	DET
cjal-3181	439	15	premium	premium	NOUN
cjal-3181	439	16	to	to	ADP
cjal-3181	439	17	the	the	DET
cjal-3181	439	18	target	target	NOUN
cjal-3181	439	19	shareholders	shareholder	NOUN
cjal-3181	439	20	.	.	PUNCT
cjal-3181	440	1	on	on	ADP
cjal-3181	440	2	the	the	DET
cjal-3181	440	3	one	one	NUM
cjal-3181	440	4	hand	hand	NOUN
cjal-3181	440	5	,	,	PUNCT
cjal-3181	440	6	managers	manager	NOUN
cjal-3181	440	7	faced	face	VERB
cjal-3181	440	8	with	with	ADP
cjal-3181	440	9	the	the	DET
cjal-3181	440	10	possibility	possibility	NOUN
cjal-3181	440	11	of	of	ADP
cjal-3181	440	12	hostile	hostile	ADJ
cjal-3181	440	13	takeovers	takeover	NOUN
cjal-3181	440	14	have	have	VERB
cjal-3181	440	15	an	an	DET
cjal-3181	440	16	incentive	incentive	NOUN
cjal-3181	440	17	to	to	PART
cjal-3181	440	18	manage	manage	VERB
cjal-3181	440	19	more	more	ADV
cjal-3181	440	20	efficiently	efficiently	ADV
cjal-3181	440	21	and	and	CCONJ
cjal-3181	440	22	therefore	therefore	ADV
cjal-3181	440	23	keep	keep	VERB
cjal-3181	440	24	the	the	DET
cjal-3181	440	25	share	share	NOUN
cjal-3181	440	26	price	price	NOUN
cjal-3181	440	27	high	high	ADJ
cjal-3181	440	28	.	.	PUNCT
cjal-3181	441	1	they	they	PRON
cjal-3181	441	2	are	be	AUX
cjal-3181	441	3	directly	directly	ADV
cjal-3181	441	4	accountable	accountable	ADJ
cjal-3181	441	5	to	to	ADP
cjal-3181	441	6	their	their	PRON
cjal-3181	441	7	shareholders	shareholder	NOUN
cjal-3181	441	8	:	:	PUNCT
cjal-3181	441	9	tender	tender	ADJ
cjal-3181	441	10	offers	offer	NOUN
cjal-3181	441	11	are	be	AUX
cjal-3181	441	12	a	a	DET
cjal-3181	441	13	method	method	NOUN
cjal-3181	441	14	of	of	ADP
cjal-3181	441	15	monitoring	monitor	VERB
cjal-3181	441	16	the	the	DET
cjal-3181	441	17	work	work	NOUN
cjal-3181	441	18	management	management	NOUN
cjal-3181	441	19	teams	team	NOUN
cjal-3181	441	20	.	.	PUNCT
cjal-3181	442	1	prospective	prospective	ADJ
cjal-3181	442	2	bidders	bidder	NOUN
cjal-3181	442	3	monitor	monitor	VERB
cjal-3181	442	4	the	the	DET
cjal-3181	442	5	performance	performance	NOUN
cjal-3181	442	6	of	of	ADP
cjal-3181	442	7	managerial	managerial	ADJ
cjal-3181	442	8	teams	team	NOUN
cjal-3181	442	9	by	by	ADP
cjal-3181	442	10	comparing	compare	VERB
cjal-3181	442	11	a	a	DET
cjal-3181	442	12	corporation	corporation	NOUN
cjal-3181	442	13	's	's	PART
cjal-3181	442	14	potential	potential	ADJ
cjal-3181	442	15	value	value	NOUN
cjal-3181	442	16	with	with	ADP
cjal-3181	442	17	its	its	PRON
cjal-3181	442	18	value	value	NOUN
cjal-3181	442	19	(	(	PUNCT
cjal-3181	442	20	as	as	SCONJ
cjal-3181	442	21	reflected	reflect	VERB
cjal-3181	442	22	by	by	ADP
cjal-3181	442	23	share	share	NOUN
cjal-3181	442	24	prices	price	NOUN
cjal-3181	442	25	)	)	PUNCT
cjal-3181	442	26	under	under	ADP
cjal-3181	442	27	current	current	ADJ
cjal-3181	442	28	management	management	NOUN
cjal-3181	442	29	.	.	PUNCT
cjal-3181	443	1	when	when	SCONJ
cjal-3181	443	2	the	the	DET
cjal-3181	443	3	difference	difference	NOUN
cjal-3181	443	4	between	between	ADP
cjal-3181	443	5	the	the	DET
cjal-3181	443	6	market	market	NOUN
cjal-3181	443	7	price	price	NOUN
cjal-3181	443	8	of	of	ADP
cjal-3181	443	9	a	a	DET
cjal-3181	443	10	firm	firm	NOUN
cjal-3181	443	11	's	's	PART
cjal-3181	443	12	shares	share	NOUN
cjal-3181	443	13	and	and	CCONJ
cjal-3181	443	14	the	the	DET
cjal-3181	443	15	price	price	NOUN
cjal-3181	443	16	those	those	DET
cjal-3181	443	17	shares	share	NOUN
cjal-3181	443	18	might	might	AUX
cjal-3181	443	19	have	have	VERB
cjal-3181	443	20	under	under	ADP
cjal-3181	443	21	different	different	ADJ
cjal-3181	443	22	circumstances	circumstance	NOUN
cjal-3181	443	23	becomes	become	VERB
cjal-3181	443	24	too	too	ADV
cjal-3181	443	25	great	great	ADJ
cjal-3181	443	26	,	,	PUNCT
cjal-3181	443	27	an	an	DET
cjal-3181	443	28	outsider	outsider	NOUN
cjal-3181	443	29	can	can	AUX
cjal-3181	443	30	profit	profit	VERB
cjal-3181	443	31	by	by	ADP
cjal-3181	443	32	buying	buy	VERB
cjal-3181	443	33	the	the	DET
cjal-3181	443	34	firm	firm	NOUN
cjal-3181	443	35	and	and	CCONJ
cjal-3181	443	36	improving	improve	VERB
cjal-3181	443	37	its	its	PRON
cjal-3181	443	38	management	management	NOUN
cjal-3181	443	39	.	.	PUNCT
cjal-3181	444	1	the	the	DET
cjal-3181	444	2	outsider	outsider	NOUN
cjal-3181	444	3	reduces	reduce	VERB
cjal-3181	444	4	the	the	DET
cjal-3181	444	5	free	free	ADJ
cjal-3181	444	6	riding	riding	NOUN
cjal-3181	444	7	problem	problem	NOUN
cjal-3181	444	8	because	because	SCONJ
cjal-3181	444	9	it	it	PRON
cjal-3181	444	10	owns	own	VERB
cjal-3181	444	11	a	a	DET
cjal-3181	444	12	majority	majority	NOUN
cjal-3181	444	13	of	of	ADP
cjal-3181	444	14	the	the	DET
cjal-3181	444	15	shares	share	NOUN
cjal-3181	444	16	.	.	PUNCT
cjal-3181	445	1	the	the	DET
cjal-3181	445	2	source	source	NOUN
cjal-3181	445	3	of	of	ADP
cjal-3181	445	4	the	the	DET
cjal-3181	445	5	premium	premium	NOUN
cjal-3181	445	6	is	be	AUX
cjal-3181	445	7	the	the	DET
cjal-3181	445	8	reduction	reduction	NOUN
cjal-3181	445	9	in	in	ADP
cjal-3181	445	10	agency	agency	NOUN
cjal-3181	445	11	costs	cost	NOUN
cjal-3181	445	12	,	,	PUNCT
cjal-3181	445	13	which	which	PRON
cjal-3181	445	14	makes	make	VERB
cjal-3181	445	15	the	the	DET
cjal-3181	445	16	firm	firm	NOUN
cjal-3181	445	17	's	's	PART
cjal-3181	445	18	assets	asset	NOUN
cjal-3181	445	19	worth	worth	ADJ
cjal-3181	445	20	more	more	ADV
cjal-3181	445	21	in	in	ADP
cjal-3181	445	22	the	the	DET
cjal-3181	445	23	hands	hand	NOUN
cjal-3181	445	24	of	of	ADP
cjal-3181	445	25	the	the	DET
cjal-3181	445	26	acquirer	acquirer	NOUN
cjal-3181	445	27	than	than	SCONJ
cjal-3181	445	28	they	they	PRON
cjal-3181	445	29	are	be	AUX
cjal-3181	445	30	worth	worth	ADJ
cjal-3181	445	31	in	in	ADP
cjal-3181	445	32	the	the	DET
cjal-3181	445	33	hands	hand	NOUN
cjal-3181	445	34	of	of	ADP
cjal-3181	445	35	the	the	DET
cjal-3181	445	36	firm	firm	NOUN
cjal-3181	445	37	's	's	PART
cjal-3181	445	38	managers	manager	NOUN
cjal-3181	445	39	.	.	PUNCT
cjal-3181	446	1	32	32	NUM
cjal-3181	446	2	127	127	NUM
cjal-3181	446	3	.	.	PUNCT
cjal-3181	447	1	easterbrook	easterbrook	PROPN
cjal-3181	447	2	&	&	CCONJ
cjal-3181	447	3	fischel	fischel	PROPN
cjal-3181	447	4	,	,	PUNCT
cjal-3181	447	5	supra	supra	PROPN
cjal-3181	447	6	note	note	PROPN
cjal-3181	447	7	25	25	NUM
cjal-3181	447	8	,	,	PUNCT
cjal-3181	447	9	at	at	ADP
cjal-3181	447	10	1173	1173	NUM
cjal-3181	447	11	.	.	PUNCT
cjal-3181	448	1	128	128	NUM
cjal-3181	448	2	.	.	PUNCT
cjal-3181	448	3	interim	interim	ADJ
cjal-3181	448	4	securities	security	NOUN
cjal-3181	448	5	regulations	regulation	NOUN
cjal-3181	448	6	,	,	PUNCT
cjal-3181	448	7	supra	supra	PROPN
cjal-3181	448	8	note	note	NOUN
cjal-3181	448	9	1	1	NUM
cjal-3181	448	10	,	,	PUNCT
cjal-3181	448	11	art	art	NOUN
cjal-3181	448	12	.	.	PUNCT
cjal-3181	449	1	47	47	NUM
cjal-3181	449	2	.	.	NUM
cjal-3181	450	1	129	129	NUM
cjal-3181	450	2	.	.	PUNCT
cjal-3181	451	1	i	i	PRON
cjal-3181	451	2	d.	d.	PROPN
cjal-3181	451	3	130	130	NUM
cjal-3181	451	4	.	.	PUNCT
cjal-3181	452	1	i	i	PRON
cjal-3181	452	2	d.	d.	PROPN
cjal-3181	452	3	,	,	PUNCT
cjal-3181	452	4	art	art	NOUN
cjal-3181	452	5	.	.	PUNCT
cjal-3181	453	1	51	51	NUM
cjal-3181	453	2	.	.	NUM
cjal-3181	454	1	131	131	NUM
cjal-3181	454	2	.	.	PUNCT
cjal-3181	455	1	i	i	PRON
cjal-3181	455	2	d.	d.	PROPN
cjal-3181	455	3	,	,	PUNCT
cjal-3181	455	4	art	art	NOUN
cjal-3181	455	5	.	.	PUNCT
cjal-3181	456	1	48	48	NUM
cjal-3181	456	2	.	.	X
cjal-3181	457	1	132	132	NUM
cjal-3181	457	2	.	.	X
cjal-3181	458	1	easterbrook	easterbrook	PROPN
cjal-3181	458	2	&	&	CCONJ
cjal-3181	458	3	fischel	fischel	PROPN
cjal-3181	458	4	,	,	PUNCT
cjal-3181	458	5	supra	supra	PROPN
cjal-3181	458	6	note	note	PROPN
cjal-3181	458	7	25	25	NUM
cjal-3181	458	8	,	,	PUNCT
cjal-3181	458	9	at	at	ADP
cjal-3181	458	10	1173	1173	NUM
cjal-3181	458	11	.	.	PUNCT
cjal-3181	459	1	[	[	X
cjal-3181	459	2	12:1	12:1	NUM
cjal-3181	459	3	1998	1998	NUM
cjal-3181	459	4	]	]	PUNCT
cjal-3181	459	5	comparison	comparison	NOUN
cjal-3181	459	6	of	of	ADP
cjal-3181	459	7	takeover	takeover	NOUN
cjal-3181	459	8	regulations	regulation	NOUN
cjal-3181	459	9	of	of	ADP
cjal-3181	459	10	us	us	PROPN
cjal-3181	459	11	&	&	CCONJ
cjal-3181	459	12	china	china	PROPN
cjal-3181	459	13	119	119	NUM
cjal-3181	459	14	alternatively	alternatively	ADV
cjal-3181	459	15	,	,	PUNCT
cjal-3181	459	16	some	some	PRON
cjal-3181	459	17	argue	argue	VERB
cjal-3181	459	18	that	that	SCONJ
cjal-3181	459	19	the	the	DET
cjal-3181	459	20	threat	threat	NOUN
cjal-3181	459	21	of	of	ADP
cjal-3181	459	22	hostile	hostile	ADJ
cjal-3181	459	23	takeovers	takeover	NOUN
cjal-3181	459	24	forces	force	VERB
cjal-3181	459	25	managers	manager	NOUN
cjal-3181	459	26	to	to	PART
cjal-3181	459	27	behave	behave	VERB
cjal-3181	459	28	myopically	myopically	ADV
cjal-3181	459	29	with	with	ADP
cjal-3181	459	30	a	a	DET
cjal-3181	459	31	view	view	NOUN
cjal-3181	459	32	towards	towards	ADP
cjal-3181	459	33	short	short	ADJ
cjal-3181	459	34	-	-	PUNCT
cjal-3181	459	35	term	term	NOUN
cjal-3181	459	36	profits	profit	NOUN
cjal-3181	459	37	only	only	ADV
cjal-3181	459	38	(	(	PUNCT
cjal-3181	459	39	although	although	SCONJ
cjal-3181	459	40	that	that	DET
cjal-3181	459	41	assertion	assertion	NOUN
cjal-3181	459	42	has	have	AUX
cjal-3181	459	43	not	not	PART
cjal-3181	459	44	been	be	AUX
cjal-3181	459	45	resolved	resolve	VERB
cjal-3181	459	46	one	one	NUM
cjal-3181	459	47	way	way	NOUN
cjal-3181	459	48	or	or	CCONJ
cjal-3181	459	49	the	the	DET
cjal-3181	459	50	other	other	ADJ
cjal-3181	459	51	)	)	PUNCT
cjal-3181	459	52	.	.	PUNCT
cjal-3181	460	1	33	33	NUM
cjal-3181	460	2	thus	thus	ADV
cjal-3181	460	3	,	,	PUNCT
cjal-3181	460	4	the	the	DET
cjal-3181	460	5	argument	argument	NOUN
cjal-3181	460	6	runs	run	VERB
cjal-3181	460	7	,	,	PUNCT
cjal-3181	460	8	some	some	DET
cjal-3181	460	9	managers	manager	NOUN
cjal-3181	460	10	then	then	ADV
cjal-3181	460	11	do	do	AUX
cjal-3181	460	12	not	not	PART
cjal-3181	460	13	invest	invest	VERB
cjal-3181	460	14	corporate	corporate	ADJ
cjal-3181	460	15	assets	asset	NOUN
cjal-3181	460	16	for	for	ADP
cjal-3181	460	17	the	the	DET
cjal-3181	460	18	long	long	ADJ
cjal-3181	460	19	-	-	PUNCT
cjal-3181	460	20	term	term	NOUN
cjal-3181	460	21	future	future	NOUN
cjal-3181	460	22	and	and	CCONJ
cjal-3181	460	23	industries	industry	NOUN
cjal-3181	460	24	may	may	AUX
cjal-3181	460	25	lose	lose	VERB
cjal-3181	460	26	their	their	PRON
cjal-3181	460	27	competitive	competitive	ADJ
cjal-3181	460	28	advantage	advantage	NOUN
cjal-3181	460	29	.	.	PUNCT
cjal-3181	460	30	'	'	PUNCT
cjal-3181	461	1	34	34	NUM
cjal-3181	461	2	shareholders	shareholder	NOUN
cjal-3181	461	3	would	would	AUX
cjal-3181	461	4	not	not	PART
cjal-3181	461	5	receive	receive	VERB
cjal-3181	461	6	long	long	ADJ
cjal-3181	461	7	-	-	PUNCT
cjal-3181	461	8	term	term	NOUN
cjal-3181	461	9	value	value	NOUN
cjal-3181	461	10	for	for	ADP
cjal-3181	461	11	their	their	PRON
cjal-3181	461	12	investment	investment	NOUN
cjal-3181	461	13	.	.	PUNCT
cjal-3181	462	1	of	of	ADP
cjal-3181	462	2	course	course	NOUN
cjal-3181	462	3	,	,	PUNCT
cjal-3181	462	4	others	other	NOUN
cjal-3181	462	5	assert	assert	VERB
cjal-3181	462	6	that	that	SCONJ
cjal-3181	462	7	management	management	NOUN
cjal-3181	462	8	's	's	PART
cjal-3181	462	9	concern	concern	NOUN
cjal-3181	462	10	with	with	ADP
cjal-3181	462	11	the	the	DET
cjal-3181	462	12	performance	performance	NOUN
cjal-3181	462	13	of	of	ADP
cjal-3181	462	14	their	their	PRON
cjal-3181	462	15	company	company	NOUN
cjal-3181	462	16	's	's	PART
cjal-3181	462	17	stock	stock	NOUN
cjal-3181	462	18	does	do	AUX
cjal-3181	462	19	not	not	PART
cjal-3181	462	20	lead	lead	VERB
cjal-3181	462	21	to	to	ADP
cjal-3181	462	22	short	short	ADJ
cjal-3181	462	23	-	-	PUNCT
cjal-3181	462	24	term	term	NOUN
cjal-3181	462	25	133	133	NUM
cjal-3181	462	26	.	.	PUNCT
cjal-3181	463	1	see	see	VERB
cjal-3181	463	2	jensen	jensen	PROPN
cjal-3181	463	3	,	,	PUNCT
cjal-3181	463	4	supra	supra	PROPN
cjal-3181	463	5	note	note	PROPN
cjal-3181	463	6	24	24	NUM
cjal-3181	463	7	,	,	PUNCT
cjal-3181	463	8	at	at	ADP
cjal-3181	463	9	319	319	NUM
cjal-3181	463	10	.	.	PUNCT
cjal-3181	464	1	(	(	PUNCT
cjal-3181	464	2	"	"	PUNCT
cjal-3181	464	3	it	it	PRON
cjal-3181	464	4	has	have	AUX
cjal-3181	464	5	been	be	AUX
cjal-3181	464	6	argued	argue	VERB
cjal-3181	464	7	that	that	SCONJ
cjal-3181	464	8	growing	grow	VERB
cjal-3181	464	9	institutional	institutional	ADJ
cjal-3181	464	10	equity	equity	NOUN
cjal-3181	464	11	holdings	holding	NOUN
cjal-3181	464	12	and	and	CCONJ
cjal-3181	464	13	the	the	DET
cjal-3181	464	14	fear	fear	NOUN
cjal-3181	464	15	of	of	ADP
cjal-3181	464	16	takeover	takeover	NOUN
cjal-3181	464	17	cause	cause	VERB
cjal-3181	464	18	managers	manager	NOUN
cjal-3181	464	19	to	to	PART
cjal-3181	464	20	behave	behave	VERB
cjal-3181	464	21	myopically	myopically	ADV
cjal-3181	464	22	and	and	CCONJ
cjal-3181	464	23	therefore	therefore	ADV
cjal-3181	464	24	sacrifice	sacrifice	VERB
cjal-3181	464	25	longterm	longterm	PROPN
cjal-3181	464	26	benefits	benefit	NOUN
cjal-3181	464	27	to	to	PART
cjal-3181	464	28	increase	increase	VERB
cjal-3181	464	29	short	short	ADJ
cjal-3181	464	30	-	-	PUNCT
cjal-3181	464	31	term	term	NOUN
cjal-3181	464	32	profits	profit	NOUN
cjal-3181	464	33	....	....	PUNCT
cjal-3181	465	1	there	there	PRON
cjal-3181	465	2	is	be	VERB
cjal-3181	465	3	little	little	ADJ
cjal-3181	465	4	formal	formal	ADJ
cjal-3181	465	5	evidence	evidence	NOUN
cjal-3181	465	6	on	on	ADP
cjal-3181	465	7	the	the	DET
cjal-3181	465	8	myopicmanager	myopicmanager	NOUN
cjal-3181	465	9	issue	issue	NOUN
cjal-3181	465	10	,	,	PUNCT
cjal-3181	465	11	but	but	CCONJ
cjal-3181	465	12	i	i	PRON
cjal-3181	465	13	believe	believe	VERB
cjal-3181	465	14	this	this	DET
cjal-3181	465	15	phenomenon	phenomenon	NOUN
cjal-3181	465	16	does	do	AUX
cjal-3181	465	17	occur	occur	VERB
cjal-3181	465	18	.	.	PUNCT
cjal-3181	466	1	sometimes	sometimes	ADV
cjal-3181	466	2	it	it	PRON
cjal-3181	466	3	occurs	occur	VERB
cjal-3181	466	4	when	when	SCONJ
cjal-3181	466	5	managers	manager	NOUN
cjal-3181	466	6	hold	hold	VERB
cjal-3181	466	7	little	little	ADJ
cjal-3181	466	8	stock	stock	NOUN
cjal-3181	466	9	in	in	ADP
cjal-3181	466	10	their	their	PRON
cjal-3181	466	11	companies	company	NOUN
cjal-3181	466	12	and	and	CCONJ
cjal-3181	466	13	are	be	AUX
cjal-3181	466	14	compensated	compensate	VERB
cjal-3181	466	15	in	in	ADP
cjal-3181	466	16	ways	way	NOUN
cjal-3181	466	17	that	that	PRON
cjal-3181	466	18	motivate	motivate	VERB
cjal-3181	466	19	them	they	PRON
cjal-3181	466	20	to	to	PART
cjal-3181	466	21	take	take	VERB
cjal-3181	466	22	actions	action	NOUN
cjal-3181	466	23	to	to	PART
cjal-3181	466	24	increase	increase	VERB
cjal-3181	466	25	accounting	accounting	NOUN
cjal-3181	466	26	earnings	earning	NOUN
cjal-3181	466	27	rather	rather	ADV
cjal-3181	466	28	than	than	ADP
cjal-3181	466	29	the	the	DET
cjal-3181	466	30	value	value	NOUN
cjal-3181	466	31	of	of	ADP
cjal-3181	466	32	the	the	DET
cjal-3181	466	33	firm	firm	NOUN
cjal-3181	466	34	.	.	PUNCT
cjal-3181	467	1	it	it	PRON
cjal-3181	467	2	also	also	ADV
cjal-3181	467	3	occurs	occur	VERB
cjal-3181	467	4	when	when	SCONJ
cjal-3181	467	5	managers	manager	NOUN
cjal-3181	467	6	make	make	VERB
cjal-3181	467	7	mistakes	mistake	NOUN
cjal-3181	467	8	because	because	SCONJ
cjal-3181	467	9	they	they	PRON
cjal-3181	467	10	do	do	AUX
cjal-3181	467	11	not	not	PART
cjal-3181	467	12	understand	understand	VERB
cjal-3181	467	13	the	the	DET
cjal-3181	467	14	forces	force	NOUN
cjal-3181	467	15	that	that	PRON
cjal-3181	467	16	determine	determine	VERB
cjal-3181	467	17	stock	stock	NOUN
cjal-3181	467	18	values	value	NOUN
cjal-3181	467	19	.	.	PUNCT
cjal-3181	467	20	"	"	PUNCT
cjal-3181	467	21	)	)	PUNCT
cjal-3181	467	22	.	.	PUNCT
cjal-3181	468	1	but	but	CCONJ
cjal-3181	468	2	see	see	VERB
cjal-3181	468	3	john	john	PROPN
cjal-3181	468	4	c.	c.	PROPN
cjal-3181	468	5	coffee	coffee	PROPN
cjal-3181	468	6	,	,	PUNCT
cjal-3181	468	7	regulating	regulate	VERB
cjal-3181	468	8	the	the	DET
cjal-3181	468	9	market	market	NOUN
cjal-3181	468	10	for	for	ADP
cjal-3181	468	11	corporate	corporate	ADJ
cjal-3181	468	12	control	control	NOUN
cjal-3181	468	13	:	:	PUNCT
cjal-3181	468	14	a	a	DET
cjal-3181	468	15	critical	critical	ADJ
cjal-3181	468	16	assessment	assessment	NOUN
cjal-3181	468	17	of	of	ADP
cjal-3181	468	18	the	the	DET
cjal-3181	468	19	tender	tender	NOUN
cjal-3181	468	20	offer	offer	NOUN
cjal-3181	468	21	's	's	PART
cjal-3181	468	22	role	role	NOUN
cjal-3181	468	23	in	in	ADP
cjal-3181	468	24	corporate	corporate	ADJ
cjal-3181	468	25	governance	governance	NOUN
cjal-3181	468	26	,	,	PUNCT
cjal-3181	468	27	84	84	NUM
cjal-3181	468	28	colum	colum	NOUN
cjal-3181	468	29	.	.	PUNCT
cjal-3181	469	1	l.	l.	PROPN
cjal-3181	469	2	rev	rev	PROPN
cjal-3181	469	3	.	.	PROPN
cjal-3181	469	4	1145	1145	NUM
cjal-3181	469	5	(	(	PUNCT
cjal-3181	469	6	1984	1984	NUM
cjal-3181	469	7	)	)	PUNCT
cjal-3181	469	8	.	.	PUNCT
cjal-3181	470	1	(	(	PUNCT
cjal-3181	470	2	"	"	PUNCT
cjal-3181	470	3	some	some	PRON
cjal-3181	470	4	of	of	ADP
cjal-3181	470	5	these	these	DET
cjal-3181	470	6	critics	critic	NOUN
cjal-3181	470	7	have	have	AUX
cjal-3181	470	8	advanced	advance	VERB
cjal-3181	470	9	broad	broad	ADJ
cjal-3181	470	10	claims	claim	NOUN
cjal-3181	470	11	,	,	PUNCT
cjal-3181	470	12	arguing	argue	VERB
cjal-3181	470	13	either	either	CCONJ
cjal-3181	470	14	(	(	PUNCT
cjal-3181	470	15	a	a	X
cjal-3181	470	16	)	)	PUNCT
cjal-3181	470	17	that	that	SCONJ
cjal-3181	470	18	hostile	hostile	ADJ
cjal-3181	470	19	takeovers	takeover	NOUN
cjal-3181	470	20	produce	produce	VERB
cjal-3181	470	21	only	only	ADV
cjal-3181	470	22	'	'	PUNCT
cjal-3181	470	23	paper	paper	NOUN
cjal-3181	470	24	profits	profit	NOUN
cjal-3181	470	25	*	*	PUNCT
cjal-3181	470	26	and	and	CCONJ
cjal-3181	470	27	a	a	DET
cjal-3181	470	28	preoccupation	preoccupation	NOUN
cjal-3181	470	29	with	with	ADP
cjal-3181	470	30	short	short	ADJ
cjal-3181	470	31	-	-	PUNCT
cjal-3181	470	32	run	run	NOUN
cjal-3181	470	33	profit	profit	NOUN
cjal-3181	470	34	maximization	maximization	NOUN
cjal-3181	470	35	,	,	PUNCT
cjal-3181	470	36	which	which	PRON
cjal-3181	470	37	undesirably	undesirably	ADV
cjal-3181	470	38	divert	divert	VERB
cjal-3181	470	39	management	management	NOUN
cjal-3181	470	40	's	's	PART
cjal-3181	470	41	attention	attention	NOUN
cjal-3181	470	42	from	from	ADP
cjal-3181	470	43	the	the	DET
cjal-3181	470	44	pursuit	pursuit	NOUN
cjal-3181	470	45	of	of	ADP
cjal-3181	470	46	greater	great	ADJ
cjal-3181	470	47	operational	operational	ADJ
cjal-3181	470	48	efficiency	efficiency	NOUN
cjal-3181	470	49	,	,	PUNCT
cjal-3181	470	50	or	or	CCONJ
cjal-3181	470	51	(	(	PUNCT
cjal-3181	470	52	b	b	X
cjal-3181	470	53	)	)	PUNCT
cjal-3181	470	54	that	that	SCONJ
cjal-3181	470	55	the	the	DET
cjal-3181	470	56	stock	stock	NOUN
cjal-3181	470	57	market	market	NOUN
cjal-3181	470	58	is	be	AUX
cjal-3181	470	59	so	so	ADV
cjal-3181	470	60	inefficient	inefficient	ADJ
cjal-3181	470	61	as	as	SCONJ
cjal-3181	470	62	to	to	PART
cjal-3181	470	63	make	make	VERB
cjal-3181	470	64	it	it	PRON
cjal-3181	470	65	unlikely	unlikely	ADJ
cjal-3181	470	66	that	that	SCONJ
cjal-3181	470	67	tender	tender	NOUN
cjal-3181	470	68	offers	offer	NOUN
cjal-3181	470	69	will	will	AUX
cjal-3181	470	70	focus	focus	VERB
cjal-3181	470	71	selectively	selectively	ADV
cjal-3181	470	72	on	on	ADP
cjal-3181	470	73	companies	company	NOUN
cjal-3181	470	74	with	with	ADP
cjal-3181	470	75	inferior	inferior	ADJ
cjal-3181	470	76	managements	management	NOUN
cjal-3181	470	77	.	.	PUNCT
cjal-3181	471	1	these	these	DET
cjal-3181	471	2	assertions	assertion	NOUN
cjal-3181	471	3	suffer	suffer	VERB
cjal-3181	471	4	serious	serious	ADJ
cjal-3181	471	5	flaws	flaw	NOUN
cjal-3181	471	6	:	:	PUNCT
cjal-3181	471	7	the	the	DET
cjal-3181	471	8	first	first	ADJ
cjal-3181	471	9	claim	claim	NOUN
cjal-3181	471	10	is	be	AUX
cjal-3181	471	11	essentially	essentially	ADV
cjal-3181	471	12	an	an	DET
cjal-3181	471	13	impressionistic	impressionistic	ADJ
cjal-3181	471	14	critique	critique	NOUN
cjal-3181	471	15	that	that	PRON
cjal-3181	471	16	relies	rely	VERB
cjal-3181	471	17	chiefly	chiefly	ADV
cjal-3181	471	18	on	on	ADP
cjal-3181	471	19	anecdotal	anecdotal	ADJ
cjal-3181	471	20	evidence	evidence	NOUN
cjal-3181	471	21	and	and	CCONJ
cjal-3181	471	22	never	never	ADV
cjal-3181	471	23	explains	explain	VERB
cjal-3181	471	24	adequately	adequately	ADV
cjal-3181	471	25	why	why	SCONJ
cjal-3181	471	26	shareholders	shareholder	NOUN
cjal-3181	471	27	should	should	AUX
cjal-3181	471	28	not	not	PART
cjal-3181	471	29	be	be	AUX
cjal-3181	471	30	able	able	ADJ
cjal-3181	471	31	to	to	PART
cjal-3181	471	32	determine	determine	VERB
cjal-3181	471	33	the	the	DET
cjal-3181	471	34	optimal	optimal	ADJ
cjal-3181	471	35	time	time	NOUN
cjal-3181	471	36	frame	frame	NOUN
cjal-3181	471	37	within	within	ADP
cjal-3181	471	38	which	which	PRON
cjal-3181	471	39	the	the	DET
cjal-3181	471	40	profits	profit	NOUN
cjal-3181	471	41	are	be	AUX
cjal-3181	471	42	to	to	PART
cjal-3181	471	43	be	be	AUX
cjal-3181	471	44	maximized	maximize	VERB
cjal-3181	471	45	in	in	ADP
cjal-3181	471	46	the	the	DET
cjal-3181	471	47	business	business	NOUN
cjal-3181	471	48	they	they	PRON
cjal-3181	471	49	own	own	VERB
cjal-3181	471	50	.	.	PUNCT
cjal-3181	471	51	"	"	PUNCT
cjal-3181	471	52	)	)	PUNCT
cjal-3181	471	53	.	.	PUNCT
cjal-3181	472	1	134	134	NUM
cjal-3181	472	2	.	.	PUNCT
cjal-3181	473	1	see	see	VERB
cjal-3181	473	2	jensen	jensen	PROPN
cjal-3181	473	3	,	,	PUNCT
cjal-3181	473	4	supra	supra	PROPN
cjal-3181	473	5	note	note	PROPN
cjal-3181	473	6	26	26	NUM
cjal-3181	473	7	,	,	PUNCT
cjal-3181	473	8	at	at	ADP
cjal-3181	473	9	837	837	NUM
cjal-3181	473	10	(	(	PUNCT
cjal-3181	473	11	"	"	PUNCT
cjal-3181	473	12	indeed	indeed	ADV
cjal-3181	473	13	,	,	PUNCT
cjal-3181	473	14	marty	marty	PROPN
cjal-3181	473	15	lipton	lipton	PROPN
cjal-3181	473	16	,	,	PUNCT
cjal-3181	473	17	prominent	prominent	ADJ
cjal-3181	473	18	defender	defender	NOUN
cjal-3181	473	19	of	of	ADP
cjal-3181	473	20	american	american	ADJ
cjal-3181	473	21	ceos	ceos	PROPN
cjal-3181	473	22	,	,	PUNCT
cjal-3181	473	23	expresses	express	VERB
cjal-3181	473	24	a	a	DET
cjal-3181	473	25	common	common	ADJ
cjal-3181	473	26	view	view	NOUN
cjal-3181	473	27	of	of	ADP
cjal-3181	473	28	the	the	DET
cjal-3181	473	29	1980s	1980	NOUN
cjal-3181	473	30	when	when	SCONJ
cjal-3181	473	31	he	he	PRON
cjal-3181	473	32	states	state	VERB
cjal-3181	473	33	that	that	SCONJ
cjal-3181	473	34	'	'	PUNCT
cjal-3181	473	35	the	the	DET
cjal-3181	473	36	takeover	takeover	NOUN
cjal-3181	473	37	activity	activity	NOUN
cjal-3181	473	38	in	in	ADP
cjal-3181	473	39	the	the	DET
cjal-3181	473	40	united	united	PROPN
cjal-3181	473	41	states	states	PROPN
cjal-3181	473	42	has	have	AUX
cjal-3181	473	43	imposed	impose	VERB
cjal-3181	473	44	short	short	ADJ
cjal-3181	473	45	-	-	PUNCT
cjal-3181	473	46	term	term	NOUN
cjal-3181	473	47	profit	profit	NOUN
cjal-3181	473	48	maximization	maximization	NOUN
cjal-3181	473	49	strategies	strategy	NOUN
cjal-3181	473	50	on	on	ADP
cjal-3181	473	51	american	american	ADJ
cjal-3181	473	52	business	business	NOUN
cjal-3181	473	53	at	at	ADP
cjal-3181	473	54	the	the	DET
cjal-3181	473	55	expense	expense	NOUN
cjal-3181	473	56	of	of	ADP
cjal-3181	473	57	research	research	NOUN
cjal-3181	473	58	,	,	PUNCT
cjal-3181	473	59	development	development	NOUN
cjal-3181	473	60	and	and	CCONJ
cjal-3181	473	61	capital	capital	NOUN
cjal-3181	473	62	investment	investment	NOUN
cjal-3181	473	63	,	,	PUNCT
cjal-3181	473	64	this	this	PRON
cjal-3181	473	65	is	be	AUX
cjal-3181	473	66	minimizing	minimize	VERB
cjal-3181	473	67	our	our	PRON
cjal-3181	473	68	ability	ability	NOUN
cjal-3181	473	69	to	to	PART
cjal-3181	473	70	compete	compete	VERB
cjal-3181	473	71	in	in	ADP
cjal-3181	473	72	world	world	NOUN
cjal-3181	473	73	markets	market	NOUN
cjal-3181	473	74	and	and	CCONJ
cjal-3181	473	75	still	still	ADV
cjal-3181	473	76	maintain	maintain	VERB
cjal-3181	473	77	a	a	DET
cjal-3181	473	78	growing	grow	VERB
cjal-3181	473	79	standard	standard	NOUN
cjal-3181	473	80	of	of	ADP
cjal-3181	473	81	living	live	VERB
cjal-3181	473	82	at	at	ADP
cjal-3181	473	83	home	home	NOUN
cjal-3181	473	84	.	.	PUNCT
cjal-3181	473	85	"	"	PUNCT
cjal-3181	473	86	)	)	PUNCT
cjal-3181	473	87	.	.	PUNCT
cjal-3181	474	1	butseejeffrey	butseejeffrey	PROPN
cjal-3181	474	2	n.	n.	PROPN
cjal-3181	474	3	gordon	gordon	PROPN
cjal-3181	474	4	,	,	PUNCT
cjal-3181	474	5	corporations	corporation	NOUN
cjal-3181	474	6	,	,	PUNCT
cjal-3181	474	7	markets	market	NOUN
cjal-3181	474	8	,	,	PUNCT
cjal-3181	474	9	and	and	CCONJ
cjal-3181	474	10	courts	court	NOUN
cjal-3181	474	11	,	,	PUNCT
cjal-3181	474	12	91	91	NUM
cjal-3181	474	13	colum.l.rev	colum.l.rev	NOUN
cjal-3181	474	14	.	.	PROPN
cjal-3181	475	1	1931	1931	NUM
cjal-3181	475	2	(	(	PUNCT
cjal-3181	475	3	1991	1991	NUM
cjal-3181	475	4	)	)	PUNCT
cjal-3181	475	5	(	(	PUNCT
cjal-3181	475	6	professor	professor	NOUN
cjal-3181	475	7	gordon	gordon	PROPN
cjal-3181	475	8	discusses	discuss	VERB
cjal-3181	475	9	the	the	DET
cjal-3181	475	10	delaware	delaware	PROPN
cjal-3181	475	11	supreme	supreme	PROPN
cjal-3181	475	12	court	court	PROPN
cjal-3181	475	13	's	's	PART
cjal-3181	475	14	decision	decision	NOUN
cjal-3181	475	15	in	in	ADP
cjal-3181	475	16	paramount	paramount	PROPN
cjal-3181	475	17	communications	communication	NOUN
cjal-3181	475	18	,	,	PUNCT
cjal-3181	475	19	inc	inc	PROPN
cjal-3181	475	20	.	.	PROPN
cjal-3181	476	1	v.	v.	ADP
cjal-3181	476	2	time	time	PROPN
cjal-3181	476	3	,	,	PUNCT
cjal-3181	476	4	inc	inc	PROPN
cjal-3181	476	5	.	.	PROPN
cjal-3181	476	6	521	521	NUM
cjal-3181	476	7	a.2d	a.2d	SYM
cjal-3181	476	8	1140	1140	NUM
cjal-3181	476	9	(	(	PUNCT
cjal-3181	476	10	del	del	PROPN
cjal-3181	476	11	.	.	PROPN
cjal-3181	476	12	1989	1989	NUM
cjal-3181	476	13	)	)	PUNCT
cjal-3181	476	14	in	in	ADP
cjal-3181	476	15	which	which	DET
cjal-3181	476	16	time	time	NOUN
cjal-3181	476	17	's	's	PART
cjal-3181	476	18	management	management	NOUN
cjal-3181	476	19	was	be	AUX
cjal-3181	476	20	allowed	allow	VERB
cjal-3181	476	21	by	by	ADP
cjal-3181	476	22	the	the	DET
cjal-3181	476	23	court	court	NOUN
cjal-3181	476	24	to	to	PART
cjal-3181	476	25	block	block	VERB
cjal-3181	476	26	paramount	paramount	PROPN
cjal-3181	476	27	's	's	PART
cjal-3181	476	28	cash	cash	NOUN
cjal-3181	476	29	bid	bid	NOUN
cjal-3181	476	30	for	for	ADP
cjal-3181	476	31	time	time	NOUN
cjal-3181	476	32	in	in	ADP
cjal-3181	476	33	favor	favor	NOUN
cjal-3181	476	34	of	of	ADP
cjal-3181	476	35	a	a	DET
cjal-3181	476	36	combination	combination	NOUN
cjal-3181	476	37	with	with	ADP
cjal-3181	476	38	wamer	wamer	NOUN
cjal-3181	476	39	communications	communication	NOUN
cjal-3181	476	40	.	.	PUNCT
cjal-3181	477	1	'	'	PUNCT
cjal-3181	477	2	the	the	DET
cjal-3181	477	3	final	final	ADJ
cjal-3181	477	4	economic	economic	ADJ
cjal-3181	477	5	argument	argument	NOUN
cjal-3181	477	6	is	be	AUX
cjal-3181	477	7	that	that	SCONJ
cjal-3181	477	8	the	the	DET
cjal-3181	477	9	delaware	delaware	PROPN
cjal-3181	477	10	supreme	supreme	PROPN
cjal-3181	477	11	court	court	PROPN
cjal-3181	477	12	acted	act	VERB
cjal-3181	477	13	to	to	PART
cjal-3181	477	14	rein	rein	VERB
cjal-3181	477	15	in	in	ADP
cjal-3181	477	16	hostile	hostile	ADJ
cjal-3181	477	17	takeovers	takeover	NOUN
cjal-3181	477	18	on	on	ADP
cjal-3181	477	19	the	the	DET
cjal-3181	477	20	view	view	NOUN
cjal-3181	477	21	that	that	SCONJ
cjal-3181	477	22	they	they	PRON
cjal-3181	477	23	disserve	disserve	VERB
cjal-3181	477	24	the	the	DET
cjal-3181	477	25	general	general	ADJ
cjal-3181	477	26	economic	economic	ADJ
cjal-3181	477	27	welfare	welfare	NOUN
cjal-3181	477	28	in	in	ADP
cjal-3181	477	29	any	any	PRON
cjal-3181	477	30	of	of	ADP
cjal-3181	477	31	several	several	ADJ
cjal-3181	477	32	ways	way	NOUN
cjal-3181	477	33	:	:	PUNCT
cjal-3181	477	34	they	they	PRON
cjal-3181	477	35	result	result	VERB
cjal-3181	477	36	in	in	ADP
cjal-3181	477	37	lost	lose	VERB
cjal-3181	477	38	productivity	productivity	NOUN
cjal-3181	477	39	from	from	ADP
cjal-3181	477	40	business	business	NOUN
cjal-3181	477	41	disruption	disruption	NOUN
cjal-3181	477	42	;	;	PUNCT
cjal-3181	477	43	they	they	PRON
cjal-3181	477	44	put	put	VERB
cjal-3181	477	45	pressure	pressure	NOUN
cjal-3181	477	46	on	on	ADP
cjal-3181	477	47	managers	manager	NOUN
cjal-3181	477	48	to	to	PART
cjal-3181	477	49	plan	plan	VERB
cjal-3181	477	50	for	for	ADP
cjal-3181	477	51	the	the	DET
cjal-3181	477	52	short	short	ADJ
cjal-3181	477	53	-	-	PUNCT
cjal-3181	477	54	term	term	NOUN
cjal-3181	477	55	,	,	PUNCT
cjal-3181	477	56	which	which	PRON
cjal-3181	477	57	means	mean	VERB
cjal-3181	477	58	reduced	reduced	ADJ
cjal-3181	477	59	research	research	NOUN
cjal-3181	477	60	and	and	CCONJ
cjal-3181	477	61	development	development	NOUN
cjal-3181	477	62	and	and	CCONJ
cjal-3181	477	63	other	other	ADJ
cjal-3181	477	64	poor	poor	ADJ
cjal-3181	477	65	decision	decision	NOUN
cjal-3181	477	66	-	-	PUNCT
cjal-3181	477	67	making	making	NOUN
cjal-3181	477	68	;	;	PUNCT
cjal-3181	477	69	they	they	PRON
cjal-3181	477	70	create	create	VERB
cjal-3181	477	71	dangerously	dangerously	ADV
cjal-3181	477	72	leveraged	leverage	VERB
cjal-3181	477	73	capital	capital	NOUN
cjal-3181	477	74	structures	structure	NOUN
cjal-3181	477	75	;	;	PUNCT
cjal-3181	477	76	and	and	CCONJ
cjal-3181	477	77	they	they	PRON
cjal-3181	477	78	divert	divert	VERB
cjal-3181	477	79	talent	talent	NOUN
cjal-3181	477	80	from	from	ADP
cjal-3181	477	81	'	'	PUNCT
cjal-3181	477	82	real	real	ADJ
cjal-3181	477	83	'	'	PUNCT
cjal-3181	477	84	economic	economic	ADJ
cjal-3181	477	85	activity	activity	NOUN
cjal-3181	477	86	to	to	ADP
cjal-3181	477	87	financial	financial	ADJ
cjal-3181	477	88	reshuffling	reshuffling	NOUN
cjal-3181	477	89	.	.	PUNCT
cjal-3181	478	1	these	these	DET
cjal-3181	478	2	claims	claim	NOUN
cjal-3181	478	3	are	be	AUX
cjal-3181	478	4	all	all	ADV
cjal-3181	478	5	controversial	controversial	ADJ
cjal-3181	478	6	,	,	PUNCT
cjal-3181	478	7	which	which	PRON
cjal-3181	478	8	at	at	ADP
cjal-3181	478	9	least	least	ADJ
cjal-3181	478	10	partially	partially	ADV
cjal-3181	478	11	explains	explain	VERB
cjal-3181	478	12	why	why	SCONJ
cjal-3181	478	13	the	the	DET
cjal-3181	478	14	united	united	PROPN
cjal-3181	478	15	states	states	PROPN
cjal-3181	478	16	congress	congress	PROPN
cjal-3181	478	17	has	have	AUX
cjal-3181	478	18	failed	fail	VERB
cjal-3181	478	19	to	to	PART
cjal-3181	478	20	pass	pass	VERB
cjal-3181	478	21	takeover	takeover	NOUN
cjal-3181	478	22	legislation	legislation	NOUN
cjal-3181	478	23	despite	despite	SCONJ
cjal-3181	478	24	many	many	ADJ
cjal-3181	478	25	hearings	hearing	NOUN
cjal-3181	478	26	and	and	CCONJ
cjal-3181	478	27	legislative	legislative	ADJ
cjal-3181	478	28	proposals	proposal	NOUN
cjal-3181	478	29	in	in	ADP
cjal-3181	478	30	recent	recent	ADJ
cjal-3181	478	31	years	year	NOUN
cjal-3181	478	32	.	.	PUNCT
cjal-3181	479	1	no	no	DET
cjal-3181	479	2	conclusive	conclusive	ADJ
cjal-3181	479	3	empirical	empirical	ADJ
cjal-3181	479	4	evidence	evidence	NOUN
cjal-3181	479	5	resolves	resolve	VERB
cjal-3181	479	6	any	any	PRON
cjal-3181	479	7	of	of	ADP
cjal-3181	479	8	these	these	DET
cjal-3181	479	9	claims	claim	NOUN
cjal-3181	479	10	,	,	PUNCT
cjal-3181	479	11	although	although	SCONJ
cjal-3181	479	12	most	most	ADJ
cjal-3181	479	13	academics	academic	NOUN
cjal-3181	479	14	believe	believe	VERB
cjal-3181	479	15	that	that	SCONJ
cjal-3181	479	16	the	the	DET
cjal-3181	479	17	available	available	ADJ
cjal-3181	479	18	evidence	evidence	NOUN
cjal-3181	479	19	tilts	tilt	VERB
cjal-3181	479	20	decidedly	decidedly	ADV
cjal-3181	479	21	in	in	ADP
cjal-3181	479	22	favor	favor	NOUN
cjal-3181	479	23	of	of	ADP
cjal-3181	479	24	takeovers	takeover	NOUN
cjal-3181	479	25	.	.	PUNCT
cjal-3181	479	26	"	"	PUNCT
cjal-3181	479	27	)	)	PUNCT
cjal-3181	479	28	.	.	PUNCT
cjal-3181	480	1	columbia	columbia	PROPN
cjal-3181	480	2	journal	journal	PROPN
cjal-3181	480	3	of	of	ADP
cjal-3181	480	4	asia	asia	PROPN
cjal-3181	480	5	n	n	PROPN
cjal-3181	480	6	la	la	PROPN
cjal-3181	480	7	w	w	PROPN
cjal-3181	480	8	planning	planning	NOUN
cjal-3181	480	9	because	because	SCONJ
cjal-3181	480	10	if	if	SCONJ
cjal-3181	480	11	shareholders	shareholder	NOUN
cjal-3181	480	12	demand	demand	VERB
cjal-3181	480	13	valuable	valuable	ADJ
cjal-3181	480	14	long	long	ADJ
cjal-3181	480	15	-	-	PUNCT
cjal-3181	480	16	term	term	NOUN
cjal-3181	480	17	strategies	strategy	NOUN
cjal-3181	480	18	,	,	PUNCT
cjal-3181	480	19	the	the	DET
cjal-3181	480	20	share	share	NOUN
cjal-3181	480	21	price	price	NOUN
cjal-3181	480	22	will	will	AUX
cjal-3181	480	23	reflect	reflect	VERB
cjal-3181	480	24	their	their	PRON
cjal-3181	480	25	desired	desire	VERB
cjal-3181	480	26	strategies	strategy	NOUN
cjal-3181	480	27	.	.	PUNCT
cjal-3181	481	1	135	135	NUM
cjal-3181	481	2	without	without	ADP
cjal-3181	481	3	the	the	DET
cjal-3181	481	4	threat	threat	NOUN
cjal-3181	481	5	of	of	ADP
cjal-3181	481	6	hostile	hostile	ADJ
cjal-3181	481	7	takeovers	takeover	NOUN
cjal-3181	481	8	,	,	PUNCT
cjal-3181	481	9	the	the	DET
cjal-3181	481	10	managers	manager	NOUN
cjal-3181	481	11	of	of	ADP
cjal-3181	481	12	chinese	chinese	ADJ
cjal-3181	481	13	companies	company	NOUN
cjal-3181	481	14	can	can	AUX
cjal-3181	481	15	make	make	VERB
cjal-3181	481	16	major	major	ADJ
cjal-3181	481	17	capital	capital	NOUN
cjal-3181	481	18	investments	investment	NOUN
cjal-3181	481	19	without	without	ADP
cjal-3181	481	20	the	the	DET
cjal-3181	481	21	fear	fear	NOUN
cjal-3181	481	22	that	that	SCONJ
cjal-3181	481	23	,	,	PUNCT
cjal-3181	481	24	once	once	SCONJ
cjal-3181	481	25	their	their	PRON
cjal-3181	481	26	companies	company	NOUN
cjal-3181	481	27	'	'	PART
cjal-3181	481	28	share	share	NOUN
cjal-3181	481	29	prices	price	NOUN
cjal-3181	481	30	drop	drop	VERB
cjal-3181	481	31	,	,	PUNCT
cjal-3181	481	32	they	they	PRON
cjal-3181	481	33	will	will	AUX
cjal-3181	481	34	become	become	VERB
cjal-3181	481	35	vulnerable	vulnerable	ADJ
cjal-3181	481	36	to	to	ADP
cjal-3181	481	37	hostile	hostile	ADJ
cjal-3181	481	38	takeovers	takeover	NOUN
cjal-3181	481	39	.	.	PUNCT
cjal-3181	482	1	as	as	ADP
cjal-3181	482	2	a	a	DET
cjal-3181	482	3	result	result	NOUN
cjal-3181	482	4	,	,	PUNCT
cjal-3181	482	5	they	they	PRON
cjal-3181	482	6	can	can	AUX
cjal-3181	482	7	well	well	ADV
cjal-3181	482	8	position	position	VERB
cjal-3181	482	9	their	their	PRON
cjal-3181	482	10	companies	company	NOUN
cjal-3181	482	11	for	for	ADP
cjal-3181	482	12	future	future	ADJ
cjal-3181	482	13	growth	growth	NOUN
cjal-3181	482	14	.	.	PUNCT
cjal-3181	483	1	accordingly	accordingly	ADV
cjal-3181	483	2	,	,	PUNCT
cjal-3181	483	3	managers	manager	NOUN
cjal-3181	483	4	can	can	AUX
cjal-3181	483	5	maintain	maintain	VERB
cjal-3181	483	6	their	their	PRON
cjal-3181	483	7	focus	focus	NOUN
cjal-3181	483	8	on	on	ADP
cjal-3181	483	9	creating	create	VERB
cjal-3181	483	10	value	value	NOUN
cjal-3181	483	11	for	for	ADP
cjal-3181	483	12	their	their	PRON
cjal-3181	483	13	shareholders	shareholder	NOUN
cjal-3181	483	14	,	,	PUNCT
cjal-3181	483	15	not	not	PART
cjal-3181	483	16	on	on	ADP
cjal-3181	483	17	manufacturing	manufacture	VERB
cjal-3181	483	18	short	short	ADJ
cjal-3181	483	19	-	-	PUNCT
cjal-3181	483	20	term	term	NOUN
cjal-3181	483	21	profits	profit	NOUN
cjal-3181	483	22	to	to	PART
cjal-3181	483	23	support	support	VERB
cjal-3181	483	24	immediate	immediate	ADJ
cjal-3181	483	25	investor	investor	NOUN
cjal-3181	483	26	expectations	expectation	NOUN
cjal-3181	483	27	.	.	PUNCT
cjal-3181	484	1	nevertheless	nevertheless	ADV
cjal-3181	484	2	,	,	PUNCT
cjal-3181	484	3	a	a	DET
cjal-3181	484	4	common	common	ADJ
cjal-3181	484	5	view	view	NOUN
cjal-3181	484	6	is	be	AUX
cjal-3181	484	7	that	that	SCONJ
cjal-3181	484	8	managers	manager	NOUN
cjal-3181	484	9	have	have	VERB
cjal-3181	484	10	trouble	trouble	NOUN
cjal-3181	484	11	abandoning	abandon	VERB
cjal-3181	484	12	their	their	PRON
cjal-3181	484	13	strategies	strategy	NOUN
cjal-3181	484	14	and	and	CCONJ
cjal-3181	484	15	thus	thus	ADV
cjal-3181	484	16	,	,	PUNCT
cjal-3181	484	17	the	the	DET
cjal-3181	484	18	only	only	ADJ
cjal-3181	484	19	way	way	NOUN
cjal-3181	484	20	to	to	PART
cjal-3181	484	21	redirect	redirect	VERB
cjal-3181	484	22	a	a	DET
cjal-3181	484	23	company	company	NOUN
cjal-3181	484	24	is	be	AUX
cjal-3181	484	25	through	through	ADP
cjal-3181	484	26	a	a	DET
cjal-3181	484	27	hostile	hostile	ADJ
cjal-3181	484	28	takeover.136	takeover.136	NOUN
cjal-3181	484	29	"	"	PUNCT
cjal-3181	484	30	while	while	SCONJ
cjal-3181	484	31	the	the	DET
cjal-3181	484	32	corporate	corporate	ADJ
cjal-3181	484	33	control	control	NOUN
cjal-3181	484	34	activity	activity	NOUN
cjal-3181	484	35	of	of	ADP
cjal-3181	484	36	the	the	DET
cjal-3181	484	37	1980s	1980s	NUM
cjal-3181	484	38	has	have	AUX
cjal-3181	484	39	been	be	AUX
cjal-3181	484	40	widely	widely	ADV
cjal-3181	484	41	criticized	criticize	VERB
cjal-3181	484	42	as	as	ADP
cjal-3181	484	43	counterproductive	counterproductive	ADJ
cjal-3181	484	44	to	to	ADP
cjal-3181	484	45	american	american	ADJ
cjal-3181	484	46	industry	industry	NOUN
cjal-3181	484	47	,	,	PUNCT
cjal-3181	484	48	few	few	ADJ
cjal-3181	484	49	have	have	AUX
cjal-3181	484	50	recognized	recognize	VERB
cjal-3181	484	51	that	that	SCONJ
cjal-3181	484	52	many	many	ADJ
cjal-3181	484	53	of	of	ADP
cjal-3181	484	54	these	these	DET
cjal-3181	484	55	transactions	transaction	NOUN
cjal-3181	484	56	were	be	AUX
cjal-3181	484	57	necessary	necessary	ADJ
cjal-3181	484	58	to	to	PART
cjal-3181	484	59	accomplish	accomplish	VERB
cjal-3181	484	60	exit	exit	NOUN
cjal-3181	484	61	over	over	ADP
cjal-3181	484	62	the	the	DET
cjal-3181	484	63	objections	objection	NOUN
cjal-3181	484	64	of	of	ADP
cjal-3181	484	65	current	current	ADJ
cjal-3181	484	66	managers	manager	NOUN
cjal-3181	484	67	and	and	CCONJ
cjal-3181	484	68	other	other	ADJ
cjal-3181	484	69	constituencies	constituency	NOUN
cjal-3181	484	70	of	of	ADP
cjal-3181	484	71	the	the	DET
cjal-3181	484	72	firm	firm	NOUN
cjal-3181	484	73	such	such	ADJ
cjal-3181	484	74	as	as	ADP
cjal-3181	484	75	employees	employee	NOUN
cjal-3181	484	76	and	and	CCONJ
cjal-3181	484	77	communities	community	NOUN
cjal-3181	484	78	.	.	PUNCT
cjal-3181	484	79	'	'	PUNCT
cjal-3181	485	1	37	37	NUM
cjal-3181	485	2	one	one	NOUN
cjal-3181	485	3	may	may	AUX
cjal-3181	485	4	guess	guess	VERB
cjal-3181	485	5	that	that	SCONJ
cjal-3181	485	6	some	some	DET
cjal-3181	485	7	chinese	chinese	ADJ
cjal-3181	485	8	companies	company	NOUN
cjal-3181	485	9	may	may	AUX
cjal-3181	485	10	not	not	PART
cjal-3181	485	11	be	be	AUX
cjal-3181	485	12	as	as	ADV
cjal-3181	485	13	well	well	ADV
cjal-3181	485	14	run	run	VERB
cjal-3181	485	15	as	as	SCONJ
cjal-3181	485	16	they	they	PRON
cjal-3181	485	17	could	could	AUX
cjal-3181	485	18	be	be	AUX
cjal-3181	485	19	because	because	SCONJ
cjal-3181	485	20	those	those	DET
cjal-3181	485	21	managers	manager	NOUN
cjal-3181	485	22	do	do	AUX
cjal-3181	485	23	not	not	PART
cjal-3181	485	24	feel	feel	VERB
cjal-3181	485	25	threatened	threaten	VERB
cjal-3181	485	26	and	and	CCONJ
cjal-3181	485	27	may	may	AUX
cjal-3181	485	28	not	not	PART
cjal-3181	485	29	alter	alter	VERB
cjal-3181	485	30	their	their	PRON
cjal-3181	485	31	unsuccessful	unsuccessful	ADJ
cjal-3181	485	32	strategies	strategy	NOUN
cjal-3181	485	33	.	.	PUNCT
cjal-3181	486	1	therefore	therefore	ADV
cjal-3181	486	2	,	,	PUNCT
cjal-3181	486	3	the	the	DET
cjal-3181	486	4	issue	issue	NOUN
cjal-3181	486	5	is	be	AUX
cjal-3181	486	6	how	how	SCONJ
cjal-3181	486	7	to	to	PART
cjal-3181	486	8	align	align	VERB
cjal-3181	486	9	the	the	DET
cjal-3181	486	10	interests	interest	NOUN
cjal-3181	486	11	of	of	ADP
cjal-3181	486	12	management	management	NOUN
cjal-3181	486	13	with	with	ADP
cjal-3181	486	14	those	those	PRON
cjal-3181	486	15	of	of	ADP
cjal-3181	486	16	their	their	PRON
cjal-3181	486	17	shareholders	shareholder	NOUN
cjal-3181	486	18	.	.	PUNCT
cjal-3181	487	1	the	the	DET
cjal-3181	487	2	threat	threat	NOUN
cjal-3181	487	3	of	of	ADP
cjal-3181	487	4	hostile	hostile	ADJ
cjal-3181	487	5	takeovers	takeover	NOUN
cjal-3181	487	6	could	could	AUX
cjal-3181	487	7	provide	provide	VERB
cjal-3181	487	8	a	a	DET
cjal-3181	487	9	final	final	ADJ
cjal-3181	487	10	check	check	NOUN
cjal-3181	487	11	on	on	ADP
cjal-3181	487	12	management	management	NOUN
cjal-3181	487	13	's	's	PART
cjal-3181	487	14	ability	ability	NOUN
cjal-3181	487	15	to	to	PART
cjal-3181	487	16	act	act	VERB
cjal-3181	487	17	without	without	ADP
cjal-3181	487	18	regard	regard	NOUN
cjal-3181	487	19	to	to	ADP
cjal-3181	487	20	shareholder	shareholder	NOUN
cjal-3181	487	21	preferences	preference	NOUN
cjal-3181	487	22	and	and	CCONJ
cjal-3181	487	23	it	it	PRON
cjal-3181	487	24	would	would	AUX
cjal-3181	487	25	also	also	ADV
cjal-3181	487	26	give	give	VERB
cjal-3181	487	27	management	management	NOUN
cjal-3181	487	28	an	an	DET
cjal-3181	487	29	incentive	incentive	NOUN
cjal-3181	487	30	to	to	PART
cjal-3181	487	31	perform	perform	VERB
cjal-3181	487	32	and	and	CCONJ
cjal-3181	487	33	prevent	prevent	VERB
cjal-3181	487	34	a	a	DET
cjal-3181	487	35	hostile	hostile	ADJ
cjal-3181	487	36	takeover	takeover	NOUN
cjal-3181	487	37	.	.	PUNCT
cjal-3181	488	1	however	however	ADV
cjal-3181	488	2	,	,	PUNCT
cjal-3181	488	3	without	without	ADP
cjal-3181	488	4	this	this	DET
cjal-3181	488	5	threat	threat	NOUN
cjal-3181	488	6	,	,	PUNCT
cjal-3181	488	7	management	management	NOUN
cjal-3181	488	8	may	may	AUX
cjal-3181	488	9	plan	plan	VERB
cjal-3181	488	10	more	more	ADV
cjal-3181	488	11	efficiently	efficiently	ADV
cjal-3181	488	12	for	for	ADP
cjal-3181	488	13	sustainable	sustainable	ADJ
cjal-3181	488	14	shareholder	shareholder	NOUN
cjal-3181	488	15	value	value	NOUN
cjal-3181	488	16	,	,	PUNCT
cjal-3181	488	17	as	as	SCONJ
cjal-3181	488	18	they	they	PRON
cjal-3181	488	19	would	would	AUX
cjal-3181	488	20	not	not	PART
cjal-3181	488	21	have	have	VERB
cjal-3181	488	22	to	to	PART
cjal-3181	488	23	be	be	AUX
cjal-3181	488	24	responsive	responsive	ADJ
cjal-3181	488	25	to	to	ADP
cjal-3181	488	26	immediate	immediate	ADJ
cjal-3181	488	27	shareholder	shareholder	NOUN
cjal-3181	488	28	demands	demand	NOUN
cjal-3181	488	29	.	.	PUNCT
cjal-3181	489	1	iv	iv	X
cjal-3181	489	2	.	.	PUNCT
cjal-3181	489	3	conclusion	conclusion	NOUN
cjal-3181	489	4	in	in	ADP
cjal-3181	489	5	comparing	compare	VERB
cjal-3181	489	6	the	the	DET
cjal-3181	489	7	interim	interim	ADJ
cjal-3181	489	8	securities	security	NOUN
cjal-3181	489	9	regulations	regulation	NOUN
cjal-3181	489	10	and	and	CCONJ
cjal-3181	489	11	the	the	DET
cjal-3181	489	12	williams	williams	PROPN
cjal-3181	489	13	act	act	PROPN
cjal-3181	490	1	,	,	PUNCT
cjal-3181	490	2	i	i	PRON
cjal-3181	490	3	conclude	conclude	VERB
cjal-3181	490	4	that	that	SCONJ
cjal-3181	490	5	chinese	chinese	ADJ
cjal-3181	490	6	target	target	NOUN
cjal-3181	490	7	shareholders	shareholder	NOUN
cjal-3181	490	8	are	be	AUX
cjal-3181	490	9	afforded	afford	VERB
cjal-3181	490	10	greater	great	ADJ
cjal-3181	490	11	136	136	NUM
cjal-3181	490	12	.	.	PUNCT
cjal-3181	491	1	easterbrook	easterbrook	PROPN
cjal-3181	491	2	&	&	CCONJ
cjal-3181	491	3	fischel	fischel	PROPN
cjal-3181	491	4	,	,	PUNCT
cjal-3181	491	5	supra	supra	PROPN
cjal-3181	491	6	note	note	PROPN
cjal-3181	491	7	25	25	NUM
cjal-3181	491	8	,	,	PUNCT
cjal-3181	491	9	at	at	ADP
cjal-3181	491	10	1183	1183	NUM
cjal-3181	491	11	(	(	PUNCT
cjal-3181	491	12	"	"	PUNCT
cjal-3181	491	13	the	the	DET
cjal-3181	491	14	threat	threat	NOUN
cjal-3181	491	15	of	of	ADP
cjal-3181	491	16	takeovers	takeover	NOUN
cjal-3181	491	17	does	do	AUX
cjal-3181	491	18	not	not	PART
cjal-3181	491	19	prevent	prevent	VERB
cjal-3181	491	20	managers	manager	NOUN
cjal-3181	491	21	from	from	ADP
cjal-3181	491	22	engaging	engage	VERB
cjal-3181	491	23	in	in	ADP
cjal-3181	491	24	long	long	ADJ
cjal-3181	491	25	-	-	PUNCT
cjal-3181	491	26	range	range	NOUN
cjal-3181	491	27	planning	planning	NOUN
cjal-3181	491	28	.	.	PUNCT
cjal-3181	492	1	if	if	SCONJ
cjal-3181	492	2	the	the	DET
cjal-3181	492	3	market	market	NOUN
cjal-3181	492	4	perceives	perceive	VERB
cjal-3181	492	5	that	that	SCONJ
cjal-3181	492	6	management	management	NOUN
cjal-3181	492	7	has	have	AUX
cjal-3181	492	8	developed	develop	VERB
cjal-3181	492	9	a	a	DET
cjal-3181	492	10	successful	successful	ADJ
cjal-3181	492	11	long	long	ADJ
cjal-3181	492	12	-	-	PUNCT
cjal-3181	492	13	term	term	NOUN
cjal-3181	492	14	strategy	strategy	NOUN
cjal-3181	492	15	,	,	PUNCT
cjal-3181	492	16	this	this	PRON
cjal-3181	492	17	will	will	AUX
cjal-3181	492	18	be	be	AUX
cjal-3181	492	19	reflected	reflect	VERB
cjal-3181	492	20	in	in	ADP
cjal-3181	492	21	higher	high	ADJ
cjal-3181	492	22	prices	price	NOUN
cjal-3181	492	23	that	that	PRON
cjal-3181	492	24	discourage	discourage	VERB
cjal-3181	492	25	takeovers	takeover	NOUN
cjal-3181	492	26	.	.	PUNCT
cjal-3181	493	1	"	"	PUNCT
cjal-3181	493	2	)	)	PUNCT
cjal-3181	493	3	.	.	PUNCT
cjal-3181	494	1	137	137	NUM
cjal-3181	494	2	.	.	PUNCT
cjal-3181	495	1	jensen	jensen	PROPN
cjal-3181	495	2	,	,	PUNCT
cjal-3181	495	3	supra	supra	PROPN
cjal-3181	495	4	note	note	PROPN
cjal-3181	495	5	24	24	NUM
cjal-3181	495	6	,	,	PUNCT
cjal-3181	495	7	at	at	ADP
cjal-3181	495	8	318	318	NUM
cjal-3181	495	9	(	(	PUNCT
cjal-3181	495	10	"	"	PUNCT
cjal-3181	495	11	managers	manager	NOUN
cjal-3181	495	12	often	often	ADV
cjal-3181	495	13	have	have	VERB
cjal-3181	495	14	trouble	trouble	NOUN
cjal-3181	495	15	abandoning	abandon	VERB
cjal-3181	495	16	strategies	strategy	NOUN
cjal-3181	495	17	they	they	PRON
cjal-3181	495	18	have	have	AUX
cjal-3181	495	19	spent	spend	VERB
cjal-3181	495	20	years	year	NOUN
cjal-3181	495	21	devising	devise	VERB
cjal-3181	495	22	and	and	CCONJ
cjal-3181	495	23	implementing	implement	VERB
cjal-3181	495	24	,	,	PUNCT
cjal-3181	495	25	even	even	ADV
cjal-3181	495	26	when	when	SCONJ
cjal-3181	495	27	those	those	DET
cjal-3181	495	28	strategies	strategy	NOUN
cjal-3181	495	29	no	no	ADV
cjal-3181	495	30	longer	long	ADV
cjal-3181	495	31	contribute	contribute	VERB
cjal-3181	495	32	to	to	ADP
cjal-3181	495	33	the	the	DET
cjal-3181	495	34	organization	organization	NOUN
cjal-3181	495	35	's	's	PART
cjal-3181	495	36	survival	survival	NOUN
cjal-3181	495	37	.	.	PUNCT
cjal-3181	495	38	.	.	PUNCT
cjal-3181	496	1	..	..	PUNCT
cjal-3181	497	1	it	it	PRON
cjal-3181	497	2	is	be	AUX
cjal-3181	497	3	easier	easy	ADJ
cjal-3181	497	4	for	for	SCONJ
cjal-3181	497	5	new	new	ADJ
cjal-3181	497	6	top	top	ADJ
cjal-3181	497	7	level	level	NOUN
cjal-3181	497	8	managers	manager	NOUN
cjal-3181	497	9	with	with	ADP
cjal-3181	497	10	no	no	DET
cjal-3181	497	11	ties	tie	NOUN
cjal-3181	497	12	with	with	ADP
cjal-3181	497	13	current	current	ADJ
cjal-3181	497	14	employees	employee	NOUN
cjal-3181	497	15	or	or	CCONJ
cjal-3181	497	16	communities	community	NOUN
cjal-3181	497	17	to	to	PART
cjal-3181	497	18	make	make	VERB
cjal-3181	497	19	such	such	ADJ
cjal-3181	497	20	changes	change	NOUN
cjal-3181	497	21	.	.	PUNCT
cjal-3181	497	22	"	"	PUNCT
cjal-3181	497	23	)	)	PUNCT
cjal-3181	497	24	.	.	PUNCT
cjal-3181	498	1	137	137	NUM
cjal-3181	498	2	.	.	PUNCT
cjal-3181	499	1	jensen	jensen	PROPN
cjal-3181	499	2	,	,	PUNCT
cjal-3181	499	3	supra	supra	PROPN
cjal-3181	499	4	note	note	PROPN
cjal-3181	499	5	26	26	NUM
cjal-3181	499	6	,	,	PUNCT
cjal-3181	499	7	at	at	ADP
cjal-3181	499	8	851	851	NUM
cjal-3181	499	9	.	.	PUNCT
cjal-3181	500	1	[	[	X
cjal-3181	500	2	12:1	12:1	NUM
cjal-3181	500	3	1998	1998	NUM
cjal-3181	500	4	]	]	PUNCT
cjal-3181	500	5	comparison	comparison	NOUN
cjal-3181	500	6	of	of	ADP
cjal-3181	500	7	takeover	takeover	NOUN
cjal-3181	500	8	regulations	regulation	NOUN
cjal-3181	500	9	of	of	ADP
cjal-3181	500	10	us	us	PROPN
cjal-3181	500	11	&	&	CCONJ
cjal-3181	500	12	china	china	PROPN
cjal-3181	500	13	121	121	NUM
cjal-3181	500	14	protection	protection	NOUN
cjal-3181	500	15	since	since	SCONJ
cjal-3181	500	16	the	the	DET
cjal-3181	500	17	interim	interim	ADJ
cjal-3181	500	18	securities	security	NOUN
cjal-3181	500	19	regulations	regulation	NOUN
cjal-3181	500	20	transfer	transfer	VERB
cjal-3181	500	21	the	the	DET
cjal-3181	500	22	turnaround	turnaround	NOUN
cjal-3181	500	23	premium	premium	NOUN
cjal-3181	500	24	from	from	ADP
cjal-3181	500	25	acquirers	acquirer	NOUN
cjal-3181	500	26	to	to	PART
cjal-3181	500	27	target	target	VERB
cjal-3181	500	28	shareholders	shareholder	NOUN
cjal-3181	500	29	.	.	PUNCT
cjal-3181	501	1	in	in	ADP
cjal-3181	501	2	this	this	DET
cjal-3181	501	3	way	way	NOUN
cjal-3181	501	4	,	,	PUNCT
cjal-3181	501	5	for	for	ADP
cjal-3181	501	6	better	well	ADJ
cjal-3181	501	7	or	or	CCONJ
cjal-3181	501	8	worse	bad	ADJ
cjal-3181	501	9	,	,	PUNCT
cjal-3181	501	10	chinese	chinese	ADJ
cjal-3181	501	11	public	public	ADJ
cjal-3181	501	12	companies	company	NOUN
cjal-3181	501	13	are	be	AUX
cjal-3181	501	14	protected	protect	VERB
cjal-3181	501	15	from	from	ADP
cjal-3181	501	16	those	those	PRON
cjal-3181	501	17	who	who	PRON
cjal-3181	501	18	might	might	AUX
cjal-3181	501	19	wish	wish	VERB
cjal-3181	501	20	to	to	PART
cjal-3181	501	21	utilize	utilize	VERB
cjal-3181	501	22	their	their	PRON
cjal-3181	501	23	assets	asset	NOUN
cjal-3181	501	24	differently	differently	ADV
cjal-3181	501	25	.	.	PUNCT
cjal-3181	502	1	while	while	SCONJ
cjal-3181	502	2	the	the	DET
cjal-3181	502	3	interim	interim	ADJ
cjal-3181	502	4	securities	security	NOUN
cjal-3181	502	5	regulations	regulation	NOUN
cjal-3181	502	6	prevent	prevent	VERB
cjal-3181	502	7	takeovers	takeover	NOUN
cjal-3181	502	8	,	,	PUNCT
cjal-3181	502	9	one	one	PRON
cjal-3181	502	10	could	could	AUX
cjal-3181	502	11	argue	argue	VERB
cjal-3181	502	12	that	that	SCONJ
cjal-3181	502	13	it	it	PRON
cjal-3181	502	14	increases	increase	VERB
cjal-3181	502	15	social	social	ADJ
cjal-3181	502	16	welfare	welfare	NOUN
cjal-3181	502	17	in	in	ADP
cjal-3181	502	18	preserving	preserve	VERB
cjal-3181	502	19	the	the	DET
cjal-3181	502	20	status	status	NOUN
cjal-3181	502	21	quo	quo	NOUN
cjal-3181	502	22	and	and	CCONJ
cjal-3181	502	23	achieves	achieve	VERB
cjal-3181	502	24	the	the	DET
cjal-3181	502	25	goal	goal	NOUN
cjal-3181	502	26	of	of	ADP
cjal-3181	502	27	developing	develop	VERB
cjal-3181	502	28	a	a	DET
cjal-3181	502	29	socialist	socialist	ADJ
cjal-3181	502	30	market	market	NOUN
cjal-3181	502	31	economy	economy	NOUN
cjal-3181	502	32	.	.	PUNCT
cjal-3181	503	1	"	"	PUNCT
cjal-3181	503	2	'	'	PUNCT
cjal-3181	503	3	s	s	VERB
cjal-3181	503	4	the	the	DET
cjal-3181	503	5	workers	worker	NOUN
cjal-3181	503	6	of	of	ADP
cjal-3181	503	7	acquired	acquire	VERB
cjal-3181	503	8	companies	company	NOUN
cjal-3181	503	9	are	be	AUX
cjal-3181	503	10	not	not	PART
cjal-3181	503	11	laid	lay	VERB
cjal-3181	503	12	off	off	ADP
cjal-3181	503	13	and	and	CCONJ
cjal-3181	503	14	there	there	PRON
cjal-3181	503	15	is	be	VERB
cjal-3181	503	16	no	no	DET
cjal-3181	503	17	large	large	ADJ
cjal-3181	503	18	disruption	disruption	NOUN
cjal-3181	503	19	in	in	ADP
cjal-3181	503	20	society	society	NOUN
cjal-3181	503	21	.	.	PUNCT
cjal-3181	504	1	this	this	DET
cjal-3181	504	2	state	state	NOUN
cjal-3181	504	3	of	of	ADP
cjal-3181	504	4	affairs	affair	NOUN
cjal-3181	504	5	would	would	AUX
cjal-3181	504	6	be	be	AUX
cjal-3181	504	7	consistent	consistent	ADJ
cjal-3181	504	8	with	with	ADP
cjal-3181	504	9	the	the	DET
cjal-3181	504	10	dated	date	VERB
cjal-3181	504	11	idea	idea	NOUN
cjal-3181	504	12	of	of	ADP
cjal-3181	504	13	the	the	DET
cjal-3181	504	14	"	"	PUNCT
cjal-3181	504	15	iron	iron	NOUN
cjal-3181	504	16	rice	rice	NOUN
cjal-3181	504	17	bowl	bowl	NOUN
cjal-3181	504	18	"	"	PUNCT
cjal-3181	504	19	of	of	ADP
cjal-3181	504	20	guaranteed	guarantee	VERB
cjal-3181	504	21	employment	employment	NOUN
cjal-3181	504	22	in	in	ADP
cjal-3181	504	23	stateowned	stateowne	VERB
cjal-3181	504	24	enterprises	enterprise	NOUN
cjal-3181	504	25	(	(	PUNCT
cjal-3181	504	26	"	"	PUNCT
cjal-3181	504	27	soes	soe	NOUN
cjal-3181	504	28	"	"	PUNCT
cjal-3181	504	29	)	)	PUNCT
cjal-3181	504	30	.	.	PUNCT
cjal-3181	505	1	however	however	ADV
cjal-3181	505	2	,	,	PUNCT
cjal-3181	505	3	some	some	PRON
cjal-3181	505	4	would	would	AUX
cjal-3181	505	5	argue	argue	VERB
cjal-3181	505	6	that	that	SCONJ
cjal-3181	505	7	takeovers	takeover	NOUN
cjal-3181	505	8	have	have	VERB
cjal-3181	505	9	social	social	ADJ
cjal-3181	505	10	benefits	benefit	NOUN
cjal-3181	505	11	that	that	PRON
cjal-3181	505	12	could	could	AUX
cjal-3181	505	13	outweigh	outweigh	VERB
cjal-3181	505	14	the	the	DET
cjal-3181	505	15	disruption	disruption	NOUN
cjal-3181	505	16	to	to	ADP
cjal-3181	505	17	social	social	ADJ
cjal-3181	505	18	welfare.1	welfare.1	PROPN
cjal-3181	505	19	39	39	NUM
cjal-3181	505	20	as	as	SCONJ
cjal-3181	505	21	the	the	DET
cjal-3181	505	22	chinese	chinese	ADJ
cjal-3181	505	23	government	government	NOUN
cjal-3181	505	24	urges	urge	VERB
cjal-3181	505	25	soes	soe	NOUN
cjal-3181	505	26	to	to	PART
cjal-3181	505	27	raise	raise	VERB
cjal-3181	505	28	private	private	ADJ
cjal-3181	505	29	capital	capital	NOUN
cjal-3181	505	30	,	,	PUNCT
cjal-3181	505	31	the	the	DET
cjal-3181	505	32	chinese	chinese	ADJ
cjal-3181	505	33	economy	economy	NOUN
cjal-3181	505	34	is	be	AUX
cjal-3181	505	35	changing	change	VERB
cjal-3181	505	36	.	.	PUNCT
cjal-3181	506	1	recognizing	recognize	VERB
cjal-3181	506	2	this	this	PRON
cjal-3181	506	3	,	,	PUNCT
cjal-3181	506	4	perhaps	perhaps	ADV
cjal-3181	506	5	,	,	PUNCT
cjal-3181	506	6	one	one	PRON
cjal-3181	506	7	should	should	AUX
cjal-3181	506	8	consider	consider	VERB
cjal-3181	506	9	the	the	DET
cjal-3181	506	10	effect	effect	NOUN
cjal-3181	506	11	of	of	ADP
cjal-3181	506	12	stimulating	stimulate	VERB
cjal-3181	506	13	further	further	ADJ
cjal-3181	506	14	takeover	takeover	NOUN
cjal-3181	506	15	activity	activity	NOUN
cjal-3181	506	16	.	.	PUNCT
cjal-3181	507	1	t4	t4	PROPN
cjal-3181	507	2	°	°	PROPN
cjal-3181	507	3	the	the	DET
cjal-3181	507	4	threat	threat	NOUN
cjal-3181	507	5	of	of	ADP
cjal-3181	507	6	hostile	hostile	ADJ
cjal-3181	507	7	takeovers	takeover	NOUN
cjal-3181	507	8	would	would	AUX
cjal-3181	507	9	give	give	VERB
cjal-3181	507	10	management	management	NOUN
cjal-3181	507	11	an	an	DET
cjal-3181	507	12	incentive	incentive	NOUN
cjal-3181	507	13	to	to	PART
cjal-3181	507	14	perform	perform	VERB
cjal-3181	507	15	effectively	effectively	ADV
cjal-3181	507	16	and	and	CCONJ
cjal-3181	507	17	provides	provide	VERB
cjal-3181	507	18	a	a	DET
cjal-3181	507	19	means	mean	NOUN
cjal-3181	507	20	for	for	SCONJ
cjal-3181	507	21	dissatisfied	dissatisfied	ADJ
cjal-3181	507	22	shareholders	shareholder	NOUN
cjal-3181	507	23	to	to	PART
cjal-3181	507	24	regain	regain	VERB
cjal-3181	507	25	corporate	corporate	ADJ
cjal-3181	507	26	control	control	NOUN
cjal-3181	507	27	t.14	t.14	NOUN
cjal-3181	507	28	since	since	SCONJ
cjal-3181	507	29	these	these	DET
cjal-3181	507	30	three	three	NUM
cjal-3181	507	31	1993	1993	NUM
cjal-3181	507	32	takeover	takeover	NOUN
cjal-3181	507	33	attempts	attempt	NOUN
cjal-3181	507	34	,	,	PUNCT
cjal-3181	507	35	there	there	PRON
cjal-3181	507	36	does	do	AUX
cjal-3181	507	37	not	not	PART
cjal-3181	507	38	appear	appear	VERB
cjal-3181	507	39	to	to	PART
cjal-3181	507	40	be	be	AUX
cjal-3181	507	41	any	any	DET
cjal-3181	507	42	additionally	additionally	ADV
cjal-3181	507	43	reported	report	VERB
cjal-3181	507	44	takeover	takeover	NOUN
cjal-3181	507	45	activity	activity	NOUN
cjal-3181	507	46	in	in	ADP
cjal-3181	507	47	china	china	PROPN
cjal-3181	507	48	.	.	PUNCT
cjal-3181	508	1	one	one	NUM
cjal-3181	508	2	possible	possible	ADJ
cjal-3181	508	3	explanation	explanation	NOUN
cjal-3181	508	4	is	be	AUX
cjal-3181	508	5	that	that	SCONJ
cjal-3181	508	6	the	the	DET
cjal-3181	508	7	regulatory	regulatory	ADJ
cjal-3181	508	8	environment	environment	NOUN
cjal-3181	508	9	under	under	ADP
cjal-3181	508	10	interim	interim	ADJ
cjal-3181	508	11	securities	security	NOUN
cjal-3181	508	12	regulations	regulation	NOUN
cjal-3181	508	13	has	have	AUX
cjal-3181	508	14	removed	remove	VERB
cjal-3181	508	15	all	all	DET
cjal-3181	508	16	profit	profit	NOUN
cjal-3181	508	17	potential	potential	NOUN
cjal-3181	508	18	from	from	ADP
cjal-3181	508	19	takeovers	takeover	NOUN
cjal-3181	508	20	.	.	PUNCT
cjal-3181	509	1	another	another	PRON
cjal-3181	509	2	is	be	AUX
cjal-3181	509	3	that	that	SCONJ
cjal-3181	509	4	the	the	DET
cjal-3181	509	5	publicly	publicly	ADV
cjal-3181	509	6	-	-	PUNCT
cjal-3181	509	7	traded	trade	VERB
cjal-3181	509	8	companies	company	NOUN
cjal-3181	509	9	are	be	AUX
cjal-3181	509	10	efficiently	efficiently	ADV
cjal-3181	509	11	priced	price	VERB
cjal-3181	509	12	and	and	CCONJ
cjal-3181	509	13	there	there	PRON
cjal-3181	509	14	simply	simply	ADV
cjal-3181	509	15	are	be	AUX
cjal-3181	509	16	no	no	DET
cjal-3181	509	17	arbitrage	arbitrage	NOUN
cjal-3181	509	18	opportunities	opportunity	NOUN
cjal-3181	509	19	.	.	PUNCT
cjal-3181	510	1	if	if	SCONJ
cjal-3181	510	2	one	one	PRON
cjal-3181	510	3	rejects	reject	VERB
cjal-3181	510	4	the	the	DET
cjal-3181	510	5	latter	latter	ADJ
cjal-3181	510	6	explanation	explanation	NOUN
cjal-3181	510	7	,	,	PUNCT
cjal-3181	510	8	then	then	ADV
cjal-3181	510	9	to	to	PART
cjal-3181	510	10	stimulate	stimulate	VERB
cjal-3181	510	11	market	market	NOUN
cjal-3181	510	12	activity	activity	NOUN
cjal-3181	510	13	,	,	PUNCT
cjal-3181	510	14	one	one	PRON
cjal-3181	510	15	could	could	AUX
cjal-3181	510	16	amend	amend	VERB
cjal-3181	510	17	the	the	DET
cjal-3181	510	18	interim	interim	ADJ
cjal-3181	510	19	securities	security	NOUN
cjal-3181	510	20	regulations	regulation	NOUN
cjal-3181	510	21	to	to	PART
cjal-3181	510	22	allow	allow	VERB
cjal-3181	510	23	acquirers	acquirer	NOUN
cjal-3181	510	24	to	to	PART
cjal-3181	510	25	continue	continue	VERB
cjal-3181	510	26	to	to	PART
cjal-3181	510	27	purchase	purchase	VERB
cjal-3181	510	28	shares	share	NOUN
cjal-3181	510	29	once	once	SCONJ
cjal-3181	510	30	they	they	PRON
cjal-3181	510	31	become	become	VERB
cjal-3181	510	32	five	five	NUM
cjal-3181	510	33	-	-	PUNCT
cjal-3181	510	34	percent	percent	NOUN
cjal-3181	510	35	shareholders	shareholder	NOUN
cjal-3181	510	36	and	and	CCONJ
cjal-3181	510	37	before	before	SCONJ
cjal-3181	510	38	they	they	PRON
cjal-3181	510	39	make	make	VERB
cjal-3181	510	40	their	their	PRON
cjal-3181	510	41	filing	filing	NOUN
cjal-3181	510	42	.	.	PUNCT
cjal-3181	511	1	one	one	PRON
cjal-3181	511	2	could	could	AUX
cjal-3181	511	3	even	even	ADV
cjal-3181	511	4	go	go	VERB
cjal-3181	511	5	a	a	DET
cjal-3181	511	6	step	step	NOUN
cjal-3181	511	7	further	far	ADV
cjal-3181	511	8	and	and	CCONJ
cjal-3181	511	9	extend	extend	VERB
cjal-3181	511	10	the	the	DET
cjal-3181	511	11	period	period	NOUN
cjal-3181	511	12	before	before	SCONJ
cjal-3181	511	13	a	a	DET
cjal-3181	511	14	shareholder	shareholder	NOUN
cjal-3181	511	15	must	must	AUX
cjal-3181	511	16	make	make	VERB
cjal-3181	511	17	a	a	DET
cjal-3181	511	18	filing	filing	NOUN
cjal-3181	511	19	to	to	ADP
cjal-3181	511	20	ten	ten	NUM
cjal-3181	511	21	days	day	NOUN
cjal-3181	511	22	.	.	PUNCT
cjal-3181	512	1	in	in	ADP
cjal-3181	512	2	that	that	DET
cjal-3181	512	3	way	way	NOUN
cjal-3181	512	4	,	,	PUNCT
cjal-3181	512	5	the	the	DET
cjal-3181	512	6	interim	interim	ADJ
cjal-3181	512	7	securities	security	NOUN
cjal-3181	512	8	regulations	regulation	NOUN
cjal-3181	512	9	would	would	AUX
cjal-3181	512	10	become	become	VERB
cjal-3181	512	11	consistent	consistent	ADJ
cjal-3181	512	12	with	with	ADP
cjal-3181	512	13	the	the	DET
cjal-3181	512	14	williams	williams	PROPN
cjal-3181	512	15	act	act	PROPN
cjal-3181	512	16	.	.	PUNCT
cjal-3181	513	1	138	138	NUM
cjal-3181	513	2	.	.	PUNCT
cjal-3181	513	3	interim	interim	ADJ
cjal-3181	513	4	securities	security	NOUN
cjal-3181	513	5	regulations	regulation	NOUN
cjal-3181	513	6	,	,	PUNCT
cjal-3181	513	7	supra	supra	PROPN
cjal-3181	513	8	note	note	NOUN
cjal-3181	513	9	1	1	NUM
cjal-3181	513	10	,	,	PUNCT
cjal-3181	513	11	art	art	NOUN
cjal-3181	513	12	.	.	PUNCT
cjal-3181	514	1	1	1	NUM
cjal-3181	514	2	.	.	X
cjal-3181	514	3	139	139	NUM
cjal-3181	514	4	.	.	PUNCT
cjal-3181	515	1	jensen	jensen	PROPN
cjal-3181	515	2	,	,	PUNCT
cjal-3181	515	3	supra	supra	PROPN
cjal-3181	515	4	note	note	PROPN
cjal-3181	515	5	26	26	NUM
cjal-3181	515	6	,	,	PUNCT
cjal-3181	515	7	at	at	ADP
cjal-3181	515	8	847	847	NUM
cjal-3181	515	9	(	(	PUNCT
cjal-3181	515	10	"	"	PUNCT
cjal-3181	515	11	in	in	ADP
cjal-3181	515	12	industry	industry	NOUN
cjal-3181	515	13	after	after	ADP
cjal-3181	515	14	industry	industry	NOUN
cjal-3181	515	15	with	with	ADP
cjal-3181	515	16	excess	excess	ADJ
cjal-3181	515	17	capacity	capacity	NOUN
cjal-3181	515	18	,	,	PUNCT
cjal-3181	515	19	managers	manager	NOUN
cjal-3181	515	20	fail	fail	VERB
cjal-3181	515	21	to	to	PART
cjal-3181	515	22	recognize	recognize	VERB
cjal-3181	515	23	that	that	SCONJ
cjal-3181	515	24	they	they	PRON
cjal-3181	515	25	themselves	themselves	PRON
cjal-3181	515	26	must	must	AUX
cjal-3181	515	27	downsize	downsize	VERB
cjal-3181	515	28	;	;	PUNCT
cjal-3181	515	29	instead	instead	ADV
cjal-3181	515	30	they	they	PRON
cjal-3181	515	31	leave	leave	VERB
cjal-3181	515	32	exit	exit	NOUN
cjal-3181	515	33	to	to	ADP
cjal-3181	515	34	others	other	NOUN
cjal-3181	515	35	while	while	SCONJ
cjal-3181	515	36	they	they	PRON
cjal-3181	515	37	continue	continue	VERB
cjal-3181	515	38	to	to	PART
cjal-3181	515	39	invest	invest	VERB
cjal-3181	515	40	.	.	PUNCT
cjal-3181	516	1	when	when	SCONJ
cjal-3181	516	2	all	all	DET
cjal-3181	516	3	managers	manager	NOUN
cjal-3181	516	4	behave	behave	VERB
cjal-3181	516	5	in	in	ADP
cjal-3181	516	6	this	this	DET
cjal-3181	516	7	way	way	NOUN
cjal-3181	516	8	,	,	PUNCT
cjal-3181	516	9	exit	exit	NOUN
cjal-3181	516	10	is	be	AUX
cjal-3181	516	11	delayed	delay	VERB
cjal-3181	516	12	at	at	ADP
cjal-3181	516	13	substantial	substantial	ADJ
cjal-3181	516	14	cost	cost	NOUN
cjal-3181	516	15	of	of	ADP
cjal-3181	516	16	real	real	ADJ
cjal-3181	516	17	resources	resource	NOUN
cjal-3181	516	18	to	to	ADP
cjal-3181	516	19	society	society	NOUN
cjal-3181	516	20	.	.	PUNCT
cjal-3181	517	1	"	"	PUNCT
cjal-3181	517	2	)	)	PUNCT
cjal-3181	517	3	.	.	PUNCT
cjal-3181	518	1	140	140	NUM
cjal-3181	518	2	.	.	PUNCT
cjal-3181	518	3	condemned	condemn	VERB
cjal-3181	518	4	to	to	PART
cjal-3181	518	5	live	live	VERB
cjal-3181	518	6	china	china	PROPN
cjal-3181	518	7	's	's	PART
cjal-3181	518	8	great	great	ADJ
cjal-3181	518	9	contradiction	contradiction	NOUN
cjal-3181	518	10	,	,	PUNCT
cjal-3181	518	11	eono.zst	eono.zst	NOUN
cjal-3181	518	12	,	,	PUNCT
cjal-3181	518	13	dac	dac	NOUN
cjal-3181	518	14	.	.	PROPN
cjal-3181	518	15	14	14	NUM
cjal-3181	518	16	,	,	PUNCT
cjal-3181	518	17	1996	1996	NUM
cjal-3181	518	18	,	,	PUNCT
cjal-3181	518	19	at	at	ADP
cjal-3181	518	20	61	61	NUM
cjal-3181	518	21	.	.	PUNCT
cjal-3181	518	22	141	141	NUM
cjal-3181	518	23	.	.	PUNCT
cjal-3181	519	1	easterbrook	easterbrook	PROPN
cjal-3181	519	2	&	&	CCONJ
cjal-3181	519	3	fischel	fischel	PROPN
cjal-3181	519	4	,	,	PUNCT
cjal-3181	519	5	supra	supra	PROPN
cjal-3181	519	6	note	note	PROPN
cjal-3181	519	7	25	25	NUM
cjal-3181	519	8	,	,	PUNCT
cjal-3181	519	9	at	at	ADP
cjal-3181	519	10	1173	1173	NUM
cjal-3181	519	11	and	and	CCONJ
cjal-3181	519	12	jensen	jensen	PROPN
cjal-3181	519	13	,	,	PUNCT
cjal-3181	519	14	supra	supra	PROPN
cjal-3181	519	15	note	note	PROPN
cjal-3181	519	16	26	26	NUM
cjal-3181	519	17	.	.	PUNCT
cjal-3181	520	1	at	at	ADP
cjal-3181	520	2	850851	850851	NUM
cjal-3181	520	3	.	.	PUNCT