WILLIAMS ACT

Williams Act.A federal statute, enacted in 1968, that amended the Securities Exchange Act of 1934 by requiring investors who own more than 5% of a company’s stock to furnish certain information to the SEC and to comply with certain requirements when making a tender offer. [Cases: Securities Regulation  52.10–52.50. C.J.S. Securities Regulation §§ 121–141.]
[Blacks Law 8th]