In an effort to reduce the complexity and compliance costs of financial disclosures for significant acquisitions or dispositions of businesses, the SEC has adopted amendments to the applicable rules, reducing the scope of...more
6/4/2020
/ Acquisitions ,
Amended Rules ,
Asset Test ,
Disclosure Requirements ,
Dispositions ,
Financial Reporting ,
Income Test ,
Investment Test ,
Publicly-Traded Companies ,
Registered Investment Companies (RICs) ,
Regulation S-X ,
Securities and Exchange Commission (SEC)
On October 27, 2015, the Division of Corporation Finance of the SEC modified Section 201 of its Question and Answer guidance regarding SEC Rule 14a-4(a)(3) to require that if a material amendment to an acquiror’s...more