Securities
Dec. 6, 2007
Despite SEC Rule Change, Some Still Shy From Tender Offers
A year after the Securities and Exchange Commission eased the way for tender offers in domestic mergers and acquisitions, many companies are still shying away from the process, transaction lawyers say.
Daily Journal Staff Writer
A year after the Securities and Exchange Commission eased the way for tender offers in domestic mergers and acquisitions, many companies are still shying away from the process, transaction lawyers say.
"People are creatures of habit," said Charles Nathan, global co-chair of Latham & Watkins' M&A group. "People haven't used tender...
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