Rule 10b13 financial definition of Rule 10b13
Rule 10b-13 (redirected from Rule 10b13)
rule prohibiting a company that has made a tender offer
or an exchange offer
for another company's stock
from acquiring the stock or bonds by any other means until the offer expires. This rule exists to help ensure fair play in the market
An SEC rule that prohibits persons who make a tender or an exchange offer from acquiring the security from other sources until the offer has expired.