Tag: mergers and acquisitions

SEC proposes amendments to financial disclosures in M&A

This morning, once again without an open meeting—whatever happened to government in the sunshine?—the SEC  voted to propose amendments intended to improve the disclosure requirements for financial statements relating to acquisitions and dispositions of businesses.  According to the press release, the proposed changes are designed to “improve for investors the financial information about acquired and disposed businesses; facilitate more timely access to capital; and reduce the complexity and cost to prepare the disclosure.”  The proposal will be open for public comment for 60 days.