Arnold & Porter is a firm of more than 1,000 lawyers, providing sophisticated litigation and transactional capabilities, renowned regulatory experience and market-leading multidisciplinary practices in the life sciences and financial services industries. Our global reach, experience and deep knowledge allow us to work across geographic, cultural, technological and ideological borders.
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On October 27, 2015, the SEC issued new Compliance and
Disclosure Interpretations (the 2015 C&DIs) regarding
unbundling of votes in the M&A context. The 2015 C&DIs
address the circumstances under which either a target or an
acquiror in an M&A transaction must present unbundled
shareholder proposals in its proxy statement relating to provisions
in the organizational documents of the public company that results
from the deal. The 2015 C&DIs replace SEC guidance given in the
September 2004 Interim Supplement to Publicly Available Telephone
Interpretations (the 2004 Guidance).
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SEC Guidance On Unbundling In M&A Context: When Merger Parties Must Include Unbundled Vote On Amendment To Acquiror's Organizational Documents
United StatesCorporate/Commercial Law
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Arnold & Porter is a firm of more than 1,000 lawyers, providing sophisticated litigation and transactional capabilities, renowned regulatory experience and market-leading multidisciplinary practices in the life sciences and financial services industries. Our global reach, experience and deep knowledge allow us to work across geographic, cultural, technological and ideological borders.
