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‘Going Dark’ Presents Traps for Unwary Companies Following an Acquisition
Clyde W. Tinnen, Patricia M. Lee and Jeanne R. Solomon of Withers Bergman write: The rules for acquired public companies deregistering their securities (or “going dark”) with the SEC are complex, and often require that such companies continue filing periodic reports for months after public reporting would serve the purposes of the U.S. securities laws; and innocent missteps can extend that burden.
