Cryptocurrency Q&A
What is PAC in acquisition?
What is PAC in acquisition?
Chloe_martinez_explorer
Sun Nov 10 2024
|
6 answers
1113
I'm trying to understand the concept of PAC in the context of acquisition. Could someone please explain what PAC stands for and its role in the acquisition process?
6 answers
RubyGlider
Tue Nov 12 2024
A person aiming to acquire shares, voting rights, or control in a Target Company exceeding specific thresholds must adhere to certain regulations.
Was this helpful?
199
56
Marco
Tue Nov 12 2024
This obligation applies not only to individuals but also to those acting in concert with others, collectively referred to as PAC.
Was this helpful?
187
53
Martino
Tue Nov 12 2024
The thresholds mentioned in the regulation serve as critical benchmarks, dictating when an open offer becomes mandatory.
Was this helpful?
147
63
KimchiQueenCharm
Mon Nov 11 2024
When these thresholds are surpassed, the acquiring party must make an open offer to the public shareholders of the Target Company.
Was this helpful?
353
39
CryptoElite
Mon Nov 11 2024
This open offer is a legal requirement, ensuring transparency and fairness in the acquisition process.
Was this helpful?
176
70
Load 5 more related questions
