THE Securities and Exchange Commission (SEC) has exempted privately-held investment firm Menlo Capital Corp. (MCC) from the mandatory tender offer rule covering the 4.4 billion shares issued by power company MRC Allied, Inc.
MRC Allied told the bourse on Monday that it received a copy of a January 12 letter from the SEC informing Menlo Capital that its request for exemptive relief from the application of the mandatory offer rule had been approved.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.