Abstract

M&A is a kind of composite word "Merger and Acquisition". The meaning of M&A is generally understood collective transaction for acquisition of target company"s control. There are a lot of acts related with M&A in legislative system of Korea. Among acts related with M&A Commercial Act and Financial Investment Services and Capital Markets Act(FISCMA) are so important source for M&A.BR Generally five sorts of method are considered in Merger And Acquisition area. One of them is Tender Offer that means to make an offer to a multiple number of unspecified people to purchase voting stocks or to invite them to sell such stocks and purchase them outside the securities exchange(Article 133 (Subject Matters of Public Tender Offer) of FISCMA).BR Tender Offer has positive effect in taking many stocks at a short period and not binding 5% rule in security market. A law mainly related with Tender Offer is changed from Securities and Exchange Act(SEA) to Financial Investment Services and Capital Markets Act.BR Because much parts of contents are alike between SEA and FISCMA, I address here some legal problems about Tender Offer in FISCMA with historical research of SEA. Historical Research will assists to find legal problems related to Tender Offer of FISMA in legislative system of Korea.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.