| / English Dictionary |
TWO-TIER BID
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares
Classified under:
Nouns denoting acts or actions
Hypernyms ("two-tier bid" is a kind of...):
takeover bid (an offer to buy shares in order to take over the company)
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