The SEC agreed to consider takeover rules.
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The Securities and Exchange Commission said it will try to decide if issuers of securities should be allowed to exclude certain divisions of shareholders from a tender offer. It also will seek public comment on a proposal that stipulates that all security holders must receive the highest price paid to any one of them in a tender offer. The panel delayed a vote on a proposal that would require bidders to make a tender offer available to all the shareholders of a firm. The proposed rules could affect corporate takeover attempts.