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

Wyoming Statutes

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

Wyoming § 17-18-109

Title 17Corporations, Partnerships and Associations

Ch. 18WYOMING MANAGEMENT STABILITY ACT

Art. 1GENERAL PROVISIONS

This text of Wyoming § 17-18-109 (Waiting period after takeover; no acquisitions of equity securities of target company) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-18-109 (2026).

Text

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 

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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 two (2) years following the conclusion of the takeover offer
even if the election is subsequently terminated.