Series 24: 4.3.2.7. Prohibited Practices For Partial Tender Offers

Taken from our Series 24 Online Guide

4.3.2.7. Prohibited Practices for Partial Tender Offers

Partial tender offers run the risk that not all of the securities tendered by shareholders will be accepted by the bidder. Short tendering and hedged transactions are prohibited. Short tendering occurs when shareholders tender more s

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