Series 24: Third Party Tender Offers

Taken from our Series 24 Online Guide

We have an Audiobook for this text!

Third Party Tender Offers

Most of the rules for third parties are the same as for issuers. We have highlighted the rules that are different:

• Whenever the bidder purchases or intends to purchase more than 5% of a company’s outstanding shares, it must file Schedule TO. It must also file a Form 13D, which is a beneficial ownership form.
• All recommendations on the tender offer made by (1) the targeted company and its affiliates, (2) shareholders of the target company, the bidder, and affiliates of either, and (3) anyone acting on behalf of the forgoing or on behalf of the bidder must be made usin

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Third Party Tender Offers, you might also be interested in:

Series 54 - 2.2.2.10. Other Important Information from Rule G-42

Series 24 - 3.3. Types of Delivery Instructions

Series 7 - 9.3.2. Foreign Exchange Rates

Series 66 - 1.2.2.10 Portfolio Benchmarks

Series 24 - 5.6.5.2. Attributable Orders vs. Non-Attributable Orders

Series 79 - 11.3. Marketing the Transaction

Series 63 - Client Confidentiality

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I had tried another learning system before Solomon and walked into the Series 24 unprepared and subsequently failed. After using the Solomon system for three weeks, taking full advantage of the app on my cell phone I walked into my second attempt very prepared for the type of questions I was going to see. Not only did I pass, I did so with confidence. Thanks so much Solomon!

Steven Eisner, Penn Mutual/HTK, Hauppauge, NY

I would like to say that Solomon test prep had the most varied and comprehensive test bank I have seen. The questions ranged in difficulty and the answer feedback was so detailed, that I felt that I was mastering concepts rather than trying to pin down certain facts in a question just to get the 'one,' answer. I saw many iterations of the sample examinations, and with the courage to keep clicking next and learning, I passed with a score I'm more than happy to claim. Also, the staff are very responsive. I'll be coming back.

Neil, San Diego, CA

I tried studying on my own using materials from another vendor, which was super wordy and lengthy. After much frustration, I looked for new study materials and discovered Solomon. It is concise, clear and presented well. The subject area quizzes and practice exams were unlimited and very helpful. Six weeks later I passed the Series 24 with an 85! I would not hesitate to use Solomon again, should the need arise.

Yasmeen M.

Just passed the Series 24 on my first attempt. Not an easy exam so put the time in. I used the Video Lectures and the Exam Simulator from Solomon. Great resources of information!

Shawn McClain, Natixis, Charlotte NC

I was very impressed with all elements of Solomon's Series 24 offerings. Solomon provided an incredibly organized system for me to utilize, which kept me "on point" and focused. I felt good confidence going into the test because of the structured system that Solomon developed. I would certainly recommend Solomon to anyone that is taking the Series 24.

William Bundy, Bundy Group. Charlotte, NC

I just took the Series 24 and passed with an 80%. I couldn't have done it without the Solomon test simulator.

Joseph Shapiro, Edward Jones Investments, St. Louis, MO