Changes

A '''tender offer''' is a form of merger where the bidding [[corporation]] makes a [[cash]] [[offer]] to shareholders of the target corporation, intending to acquire majority control of the target.  In 2008, [[Microsoft]] made a tender offer for the stock of [[Yahoo]], but the process has met with resistance.

A '''tender offer''' is a form of merger where the bidding [[corporation]] makes a [[cash]] [[offer]] to shareholders of the target corporation, intending to acquire majority control of the target.  In 2008, [[Microsoft]] made a tender offer for the stock of [[Yahoo]], but the process has met with resistance.

Fraud in the context of a tender offer is a serious matter independently covered by Rule 14e-3 of the [[Securities and Exchange Commission]], based on [[federal securities law]].

Fraud in the context of a tender offer is a serious matter independently covered by Rule 14e-3 of the [[Securities and Exchange Commission]], based on [[federal securities law]], and especially the Securities Exchange Act of 1934, which grants special authority governing tender offers in Section 14.

[[category:Mergers]]

[[category:Mergers]]

[[category:Law]]

[[category:Law]]