Business, Legal & Accounting Glossary
The price that is paid to shareholders after the buyer already has control over a company in a two tier tender offer. This is an offer to buy a company in which the buyer offers to purchase enough shares in order to gain control of the company at a certain price, and then offers to purchase the remaining shares at a lower price. The amount that is paid to the remaining shareholders is the last stage of a two tier tender offer.
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This glossary post was last updated: 19th November, 2021 | 0 Views.