Topic
Tender Offer
144 published works
Public Company Advisory Blog
Public Company Advisory News Roundup: SEC Staff Shortens Minimum Tender Offer Period for Certain All-Cash Offerings to 10 Business Days
By Publisher
The latest issue of the Goodwin Public Company Advisory News Roundup has been posted, covering the period from April 10, 2026 – April 24, 2026. The Roundup highlights the latest developments in…
Cleary M&A and Corporate Governance Watch
SEC Reduces Minimum Equity Tender Offer Period to 10 Business Days
By Lesley Janzen, Manuel Silva, Kimberly Spoerri, David Lopez, Stav Harel, Jermaine Scott Cherry
The Securities and Exchange Commission recently cut the minimum time required for certain equity tender offers in half. Historically, federal rules mandated that such offers remain open for at least…
Free Writings + Perspectives
SEC Issues Exemptive Relief Permitting 10 Business Day Tender Offers for Equity Securities
By Ryan Castillo, Ronald Distante, Andrew Noreuil, Anna T. Pinedo
On April 16, 2026, the Division of Corporation Finance (the “Division”) of the Securities and Exchange Commission (“SEC”) issued an exemptive order allowing certain qualifying tender offers for equity securities…
Cleary Securities, Disclosure, and Governance Watch
SEC Reduces Minimum Equity Tender Offer Period to 10 Business Days
By Lesley Janzen, Manuel Silva, Kimberly Spoerri, David Lopez, Stav Harel, Jermaine Scott Cherry
The Securities and Exchange Commission recently cut the minimum time required for certain equity tender offers in half. Historically, federal rules mandated that such offers remain open for at least…
Known Trends
SEC Permits Accelerated Offering Period for Certain Tender Offers
Our recent Client Alert discusses the Exemptive Order issued by the Division of Corporation Finance of the Securities and Exchange Commission on April 16, 2026, which provides flexibility to shorten…
The CLS Blue Sky Blog
Return of the Saturday Night Special, Courtesy of the SEC
In a genuinely shocking display of regulatory hubris, the SEC just announced via an “Exemptive Order” the most significant change to the tender offer rules in a generation. The Order…
Free Writings + Perspectives
Division of Corporation Finance Issues Exemptive Order for Certain Tender Offers
By Liz Walsh
On April 16, 2026, the Division of Corporation Finance (the “Division”) of the U.S. Securities and Exchange Commission (the “SEC”) issued an exemptive order granting relief for certain tender offers from the requirement that…
Cleary Securities, Disclosure, and Governance Watch
SEC Updates C&DI Guidance: January and February 2026 Roundup – Part 2
In January and February 2026, the SEC's Division of Corporation Finance (Corp Fin) issued, revised, and withdrew several C&DIs addressing corporate transactions and capital markets practices. The full set of…
Free Writings + Perspectives
Credit Roundtable Proposes Changes to Rule 14E for Debt Tender Offers
The Credit Roundtable, an association of fixed income investors, recently published a letter to the Securities and Exchange Commission (the “SEC”) expressing concern with potential changes to the SEC’s debt…
The CLS Blue Sky Blog
Debevoise Discusses Third Circuit Decision on the Limits of the Best Price Rule
By Eric Juergens, Matthew Kaplan, Gordon Moodie, William Regner, Benjamin Pedersen
On February 3, 2026, the U.S. Court of Appeals for the Third Circuit issued a decision in Abramowski v. Nuvei Corp., holding that the “Best Price Rule”—a tender offer rule…