Best-Price Rule - Rule 14D-10


DEFINITION of '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.

BREAKING DOWN 'Best-Price Rule - Rule 14D-10'

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

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  2. Shareholder

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  3. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  4. All-Holders Rule

    An SEC regulation that requires a tender offer to be made available ...
  5. Tender Offer

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  6. Hostile Takeover

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