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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RELATED FAQS
  1. What happens to the shares of stock purchased in a tender offer?

    Learn what a tender offer is, whether it is a good idea to accept a tender offer and what happens to the shares of stock ... Read Answer >>
  2. How is a tender offer used by an individual, group or company seeking to purchase ...

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  3. Why would it be in the interest of shareholders to accept a tender offer?

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  4. What usually happens to the price of a stock when a tender offer for shares of the ...

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