SEC Adopts Final Rules Affecting Cross-Border Tender Offers, Exchange Offers, Rights Offerings and Business Combination Rules
15 October 2008
Mayer Brown Article
15 October 2008 - On September 19, 2008, the U.S. Securities and Exchange Commission (the “SEC”) issued its final release, Release Nos. 33-8957; 34-58597, on rule changes aimed at expanding and improving the utility of the SEC’s cross-border exemptions for international business combination and rights offerings transactions along with related interpretive guidance (the “Cross-Border Release”).