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takeover bid

DEFINITIONS OF: takeover bid

1

n an offer to buy shares in order to take over the company

Types:
two-tier bid
a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares
any-and-all bid
a takeover bid where the acquirer offers to buy any and all shares outstanding
Type of:
tender offer
an offer to buy shares in a corporation (usually above the market price) for cash or securities or both
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