Tender Offer Notification
Definition
Tender Offer Notification. Notification of an offer made to shareholders, normally by a third party, requesting them to sell (tender) their shares for a specified price usually at a premium over prevailing market prices. Generally, the objective of a tender is to take control of the target company.
SWIFT whole text: "Offer made to shareholders, normally by a third party, requesting them to sell (tender) their shares for a specified price usually at a premium over prevailing market prices. Generally, the objective of a tender is to take control of the target company."
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
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