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Term of the Day
two-tier tender offer
back-end value
tender offer
Definition
A
strategy
to acquire all of the
outstanding
shares
of a
company
by
offering
to
purchase
a
controlling interest
in a company at one
price
and subsequently reducing the
price
per
share
offer
for the
balance
.
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Popular 'Stocks' Terms
equity
common stock
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Related Terms
tender offer
friendly takeover
hostile takeover
back-end value
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