The Safe Harbor Legislation

The safe harbor legislation:

A) is implemented with the goal of giving the bidder and the target company equal opportunities to present their cases to the shareholders.
B) applies only when the target company's equity securities are registered under the 1934 Act.
C) holds companies immune from liability as long as they warn the public about factors that might undermine their forecasts.
D) applies to transactions executed on a securities exchange as well as face-to-face transactions.