For people that want to research this stuff, here are some of my links: Delaware corporations laws: http://delcode.delaware.gov/title8/c001/index.shtml#P-1_0 Title 8 appliers to mergers and acquisitions: http://delcode.delaware.gov/title8/c001/sc09/index.shtml Quick and dirty SEC Rules: https://www.sec.gov/interps/telephone/cftelinterps_exchangeactrules.pdf SEC Act of 1934: https://www.sec.gov/about/laws/sea34.pdf