Division of Corporation Finance Issues Exemptive Order for Certain Tender Offers
Division of Corporation Finance Issues Exemptive Order for Certain Tender Offers
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 granting relief for certain tender offers from the requirement that such offers remain open for at least 20 business days. In response, in part, to technological improvements, and consistent with previous relief from this requirement, the Division issued the exemptive order in furtherance of the SEC’s investor protection goals.... By: Mayer Brown Free Writings + Perspectives