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Topic
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Becker MCQ CPA-01396 from Becker R7:
Link Corp. is subject to the reporting provisions of the Securities Exchange Act of 1934.
Which of the following reports must be submitted to the SEC?
-Reporting by any party making a tender offer to purchase Link’s stock.
-Report of proxy solicitations by Link stockholders.
Correct answer is a. Yes – Yes
Becker’s book states that it’s tender offers to purchase 5% or more, however, this answer suggests that “any” party making a tender offer is subject to the reporting provisions?
Can someone comment on this?
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