Offer for the shares of gulf states international corp

Assignment Help Management Theories

Reference no: EM131125214

Mirage Investments Corp. (MIC) planned a tender offer for the shares of Gulf States International Corp. (GSIC). Archer, an officer of MIC, placed purchase orders for GSIC stock through the New York office of the Bahamian Bank (BB) prior to the announcement of the tender offer, making a $300,000 profit when the tender offer was made public. The Bahamas is a secrecy jurisdiction. The bank informed the SEC that under its law, it could not disclose the name of the person for whom it purchased the stock. What, if anything, may the SEC do to discover whether the federal securities laws have been violated?

Reference no: EM131125214

Questions Cloud

Describe the theorist background in detail : Select a Grand or Mid-Range Theory that is appropriate to your practice setting. Describe the theorist's background in detail and discuss how their experiences have impacted the theory development

Functional structure and multidivisional structure : What are the principal differences between a functional structure and a multidivisional structure? Why does a company change from a functional to a multidivisional structure?

What will be the deformation after the load has beenreleased : What will be the deformation after the load has beenreleased?

Evaluation and control matricies and appendicies : In your final sections, you will need to include the above related info. Metrics allow for measuring your performance and how you will determine if you have met your goals. Suggestions might be: how many students do you expect to acquire and when wil..

Offer for the shares of gulf states international corp : Mirage Investments Corp. (MIC) planned a tender offer for the shares of Gulf States International Corp. (GSIC). Archer, an officer of MIC, placed purchase orders for GSIC stock through the New York office of the Bahamian Bank (BB) prior to the ann..

Calculate the moles : Calculate the moles of IO3- dispensed if you have 21.56 mL KIO3 M 1.0 and IO3- (aq) +8I- (aq) +H+ (aq) -> 3I3- (aq) + 3H2O(l)

How a fruit might be used as a vegetable and vice versa : Please provide some examples of how a 'fruit' might be used as a 'vegetable' and vice versa. What is it about the taste or texture of the plant that makes this happen?

Is creating energy-electricity through nuclear power plants : Is creating energy and electricity through nuclear power plants, a sustainable energy source, in order to augment reliance on fossil fuels an ethical idea when compared to other technologies, such as solar, wind, and natural gas? If so, on what basis..

Calculate the average cost of gas in your local area : Explain elasticity of supply and demand and how this relates to your pricing decision. Determine if your prices will be higher, lower, or the same for the new location.

User Account

All Pages