June 20th, 2024
11:00 AM - 11:30 AM EDT
Please join Williams Mullen partners Larry Parker and Will Halliday as they discuss the proxy solicitation process in public company M&A.
Companies with a class of securities registered under the Securities Exchange Act of 1934 are subject to detailed rules and procedures when soliciting shareholder approval related to M&A. In addition to shareholder approval requirements arising under state corporate law, such publicly held companies must consider additional shareholder voting requirements arising under the federal securities laws and the rules of the national securities exchanges. Parties considering M&A activities with a publicly held company must therefore have a detailed understanding of the proxy solicitation process, including the timing and steps involved, to avoid missteps that can derail deals or lead to liability.