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SEC Grants Exemption to Allow Tender Offer to Be Conducted in Accordance with Israeli Law

The SEC issued a no-action letter to a number of Israeli companies. The letter permits a modification of the U.S. tender offer procedures in order to allow compliance with the requirements of Israeli law.

See: No-Action Letter.

Tags

Regulated Activities
Exchange and Tender Offers
Regulated Entities
Issuers of Securities
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
SEC