SEC Shortens Minimum Tender Offer Period for Certain Private and Public Company Transactions

On April 16, 2026, the staff of the Securities and Exchange Commission’s Division of Corporation Finance issued an exemptive order granting an exemption (the “Exemption”) from Rules 13e-4(f)(1) and 14e-1(a) and (b) of the Securities Exchange Act of 1934 (the “Exchange Act”) to permit certain tender offers to remain open for a minimum offering period of 10 business days (reduced from 20 business days), subject to certain conditions.... By: Goodwin