Best-Price Rule - Rule 14D-10

An SEC regulation that stipulates that a tender offer is open to all security holders of that class of security and the amount paid to the security holder is the highest paid to any other holder of the same security.

Having a premise similar to that of the all-holders rule, the best-price rule facilitates equality for shareholders and their tendered shares.


Investment dictionary. . 2012.

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.