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Tender Offer
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A Tender Offer is simply a way for a company to raise money from stockmarket investors by inviting them to make bids for the price they're willing to pay.
An offer for sale by tender is also described in the UK as a tender offer.
Buyers of shares are required to nominate the price at which they are willing to purchase a given quantity of shares.
See Also: Online share dealing service Stockmarket Centre
Last Updated: February 2008 © Moneyextra.com
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