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Small business owners:
Tender Offer
A public offer made by an entity or individual to purchase a substantial portion of a company’s shares or bonds at a specified price and within a specific time.
Securities Exchange Act
U.S. legislation that regulates the trading of securities to protect investors and maintain fair and efficient markets.
Disclosure
The act of making new or secret information known, often required in legal and financial contexts to ensure fairness and transparency.
Section 16(b)
A provision in the U.S. Securities Exchange Act of 1934 that aims to prevent insider trading by requiring the disgorgement of profits made from the purchase and sale, or sale and purchase, of an issuer’s equity securities within a six-month period by directors, officers, or shareholders owning more than 10% of a firm.
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