Disclosure Laws and Takeover Bids

Disclosure Laws and Takeover Bids The securities and exchange act not only prohibits the making of false statements, but also requires that parties to a takeover bid make positive disclosures. This paper discusses some of the effects of requiring positive disclosure as opposed to simply outlawing the making of false statements. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Journal of Finance Wiley

Disclosure Laws and Takeover Bids

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Publisher
Wiley Subscription Services, Inc., A Wiley Company
Copyright
1980 The American Finance Association
ISSN
0022-1082
eISSN
1540-6261
D.O.I.
10.1111/j.1540-6261.1980.tb02161.x
Publisher site
See Article on Publisher Site

Abstract

The securities and exchange act not only prohibits the making of false statements, but also requires that parties to a takeover bid make positive disclosures. This paper discusses some of the effects of requiring positive disclosure as opposed to simply outlawing the making of false statements.

Journal

The Journal of FinanceWiley

Published: May 1, 1980

References

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