Tender offer – A public offer to buy shares from
Post# of 1188
Posted On: 06/16/2012 3:02:38 AM
Tender offer – A public offer to buy shares from existing stockholders of one public corporation by another public corporation under specified terms good for a certain time period. Stockholders are asked to "tender" (surrender) their holdings for stated value, usually at a premium above current market price, subject to the tendering of a minimum and maximum number of shares.
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DISCLAIMER
I am the Owner/Admin of Investors Hangout and do not trades stocks!
Just doing what I do best, music and coding. I like Honeypots.
I am the Owner/Admin of Investors Hangout and do not trades stocks!
Just doing what I do best, music and coding. I like Honeypots.
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