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HR 5694 98th Congress House Finance and Financial Sector Corporate finance Corporations and Stocks Securities and Investments Securities regulation Stocks Tender offers

A bill to amend the Securities Exchange Act of 1934 to prohibit acquisitions of corporate control except by means of tender offers for all outstanding shares, and for other purposes.

Introduced: May 22, 1984 See on congress.gov
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This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 1984
For Further Action See H.R.5693.
May 23, 1984
Subcommittee Hearings Held.
May 23, 1984
Referred to Subcommittee on Telecommunications, Consumer Protection and Finance.
May 22, 1984
Referred to House Committee on Energy and Commerce.
May 22, 1984
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Securities Exchange Act of 1934 to make it unlawful for any person to acquire or agree to acquire, except by a tender or exchange offer, any shares of any class of voting equity securities of a registered corporation if such person would then be, directly or indirectly, entitled to cast ten percent or more of the votes in an election of directors of the issuer.

Specifies exceptions to such prohibition.

What's happening now August 2, 1984

For Further Action See H.R.5693.

 Related & companion bills 1
  • HR 5693 Related bill Tender Offer Reform Act of 1984
 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Markey, Edward J.
Massachusetts · May 22, 1984
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5694: A bill to amend the Securities Exchange Act of 1934 to prohibit acquisitions of corporate control except by means of tender offers for all outstanding shares, and for other purposes.. 98th Congress. Open America. https://openamerica.io/bill/98-HR-5694/
MLA
"H.R. 5694: A bill to amend the Securities Exchange Act of 1934 to prohibit acquisitions of corporate control except by means of tender offers for all outstanding shares, and for other purposes.." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-HR-5694/.
Bluebook (legal)
H.R. 5694, 98th Cong. (2026), https://openamerica.io/bill/98-HR-5694/.
Markdown link
[H.R. 5694: A bill to amend the Securities Exchange Act of 1934 to prohibit acquisitions of corporate control except by means of tender offers for all outstanding shares, and for other purposes.](https://openamerica.io/bill/98-HR-5694/)
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