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
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
Plain-English summary
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
For Further Action See H.R.5693.
Committees of jurisdiction
2
Cosponsors
1