Web www.software-risk.co.uk

Takeover bid in which the acquirer offers to pay more for the shares needed to gain control than for the remaining shares, or to pay the same price but at different times in the merger period; contrasts with any-or-all bid.

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
Record At Greenhill
Amvescap Escapes CI International
CI Financial Ready To Go Hostile for Amvescap
Restricted stock
Investment bank
Gray list
Fiduciary out
Exchange of stock

Similar Areas

Finance Items

Selected Books

Keywords

Two-tier bid

M&A

mergers and acquisition