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- Tender offer
Public takeover bid in which a prospective buyer offers to all a public corporation's stockholders to buy their shares at a specified price
In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and ma... Wikipedia
