All of the Following Are True of the Williams Act

Multiple Choice

All of the following are true of the Williams Act except for

A) Consists of a series of amendments to the 1934 Securities Exchange Act
B) Facilitates rapid takeovers over target companies
C) Requires investors acquiring 5% or more of a public company to file a 13(d) with the SEC
D) Firms undertaking tender offers are required to file a 14(d) -1 with the SEC
E) Acquiring firms initiating tender offers must disclose their intentions and business plans