The Williams Act—Tender Offers and Stock Accumulations, 2023 ed. (Securities Law Handbook Series)

The Williams Act – Tender Offers and Stock Accumulations tells you how to make filings of a Schedule 13D or Schedule 13G. This practical guide includes a step-by-step list of what a tender offeror and a target company should do in a tender offer. Corporate lawyers, securities lawyers, investors that take greater that 5% positions in public companies, companies that are subject to a Schedule 13D or Schedule 13G filing, target companies in a tender offer, and law schools will find this work helpful.

There are three lists of the steps – a friendly tender offer, a hostile tender offer, and a hostile tender offer that becomes friendly. The text covers:

• The definition of tender offer
• How to determine what to disclose in a Schedule 13D or 13G
• How to determine if a group is formed
• Identifying securities a person beneficially owns
• When you can sue to attack a false Schedule 13D or Schedule 13G
• What a target company can do to defend itself against a tender offer