SEC Grants Relief Permitting Shortened Tender Offer Periods for Equity Securities

On April 16, 2026, the Division of Corporation Finance (the Division) of the U.S. Securities and Exchange Commission (the SEC) issued an exemptive order (the Order), effective immediately, permitting certain tender offers for equity securities to remain open for a minimum of 10 business days, rather than the standard 20 business days required under Rules...... By: Akin Gump Strauss Hauer & Feld LLP