By Cydney Posner

The SEC has posted a series of technical amendments to Rule 14a-3(a)(3)(i) and Rule 14a-16(m) to clarify that the rules related to e-proxy do not permit, or require, the use of the notice and access model, regarding internet availability of proxy materials, with respect to business combination transactions. The release also contains technical corrections to rules related to takeovers and shareholder communications, cross-border takeovers and exchange offers, business combinations and rights offerings and other related matters.

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