15 CSR 30-56.025 - Tender Offer

PURPOSE: This rule clarifies the meaning of tender offer as defined in the Missouri Takeover Bid Disclosure Act.

(1) A Tender Offer or Request or Invitation for Tenders Within the Meaning of Section 409.500, RSMo. The Missouri Take-over Disclosure Act is a publicly made invitation addressed to all shareholders to tender shares at a given price, characterized by active or widespread solicitation or pressure to accept or reject an offer quickly.

Notes

15 CSR 30-56.025
AUTHORITY: section 409.531, RSMo 1986.* Original rule filed March 27, 1989, effective June 12, 1989.
AUTHORITY: section 409.531, RSMo 1986.* Original rule filed March 27, 1989, effective June 12, 1989.

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.

No prior version found.