Public takeover bid - Financial definition
Translations: FR offre publique d'achat (n.) ES oferta publica de adquisición (n.f.) , oferta pública de compra (n.f.) DE öffentliches Übernahmeangebot (n.n.)
Synonyms:
public tender offer, takeover bid
Concise definition of the term public takeover bid
A public takeover bid is the announcement of company A to the shareholders of company B stating its intention to acquire all of B’s shares at a certain price and over a given period of time in order to gain control of its business.
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