Series 24: Filing Requirements And Disclosures

Taken from our Series 24 Online Guide

Filing Requirements and Disclosures

In addition to distributing a summary term sheet (Schedule TO) to shareholders, bidders on a tender offer are required to promptly disclose to shareholders any written communications related to the offer, as well as any material changes or amendments. Advertisements for the tender offer must disclose the identity of the bidding company and the material terms of the transaction, and provide instructions as to how the shareholder can get a copy of the

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