Wyoming Statutes

§ 17-18-109 — Waiting period after takeover; no acquisitions of equity securities of target company

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 18 WYOMING MANAGEMENT STABILITY ACT·Art. 1 GENERAL PROVISIONS
No offeror may acquire in any manner any equity security of any class of a target company at any time within two (2) years following the conclusion of a takeover offer with respect to that class, including but not limited to acquisitions made by purchase, exchange, merger, consolidation, partial or complete liquidation, redemption, reverse stock split, and any other recapitalization or reorganization, unless the holder of that equity security is also afforded, at the time of that acquisition, a reasonable opportunity to dispose of that security to the offeror upon substantially equivalent terms. If a takeover offer is made or concluded while the election to be subject to the shareholder takeover protection provisions is in effect, the requirement of this section shall remain in effect for

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 17-18-109 (Waiting period after takeover; no acquisitions of equity securities of target company) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗