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  3. according to the williams act of 1968, which of th

According to the Williams Act of 1968, which of the following is NOT true? ...

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Accounting

According to the Williams Act of 1968, which of the following is NOT true?

a.

Once 5% of firm stock is amassed, the acquirer must disclose their current holdings and intentions within 10 days
b.

The acquiring firm must disclose the source of funds used for the acquisition
c.

Target shareholders are allowed 20 days to tender shares
d

If the acquiring firm increases its offer price, all shareholders who tendered shares within a specified window of 20 days must receive the same price

Target firm shareholders must receive at least a 50% premium on their tendered shares to satisfy anti-trust laws

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