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一、公开收购方式。 主要是针对上市公司的兼并。按照美国上市公司公开收购及其监管的规定,任何法人直接或间接持有一个上市公司发行在外的普通股达5%时,必须在持股比例达5%后10天内向联邦证券管理委员会报告,并把报告分送给发行人员及交易所。每持股比例变化1%时必须及时报告。同时收购公司必须公开以特定价格向所有股票持有人发出“公开收购要约”来收购大量股票。这一做法的目的是为了保护中小股东的权
First, the public acquisition. Mainly for the mergers of listed companies. In accordance with the public offerings of listed public companies in the United States and its regulatory requirements, any legal person holding 5% of the ordinary shares of a listed company, whether directly or indirectly, must report to the Federal Securities Commission within 10 days after the shareholding ratio reaches 5% The report is distributed to issuers and exchanges. Every 1% change in the proportion of shares must be promptly reported. At the same time, the acquiring company must openly issue “public offer” to all the stockholders at a specified price to acquire a large number of shares. The purpose of this approach is to protect the rights of minority shareholders