Title

SEC Adopts Rules for Financial Disclosure Requirements for Acquisitions and Dispositions
Client Memorandum

Created date

5/28/2020

On May 21, 2020, the SEC adopted amendments to its financial disclosure requirements relating to acquisitions and dispositions of businesses. The new rules are a welcome easing of the burden of complying with certain of the current financial disclosure requirements for acquisitions and dispositions by limiting the requirements of financial statements for acquisitions that are clearly immaterial.