Investment / TOB (take over bid) - tender offer

trade
 

TOB (take over bid) - tender offer

A tender offer(TOB (take over bid)) is a broad solicitation by a company or a third party to purchase a substantial percentage of a company’s shares or units for a limited period of time.
The offer is at a fixed price, usually at a premium over the current market price, and is contingent on shareholders tendering a fixed number of their shares or units.
 
   
     

Investment / TOB (take over bid) - tender offer