Question

All of the following are true of the Williams Act except for

a. Consists of a series of amendments to the 1934 Securities Exchange Act

b. Facilitates rapid takeovers over target companies

c. Requires investors acquiring 5% or more of a public company to file a 13(d) with the SEC

d. Firms undertaking tender offers are required to file a 14(d)-1 with the SEC

e. Acquiring firms initiating tender offers must disclose their intentions and business plans

Answer

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