exclusionary tender offer

exclusionary tender offer definition - business

exclusionary tender offer

An offer to purchase shares of a firm's stock on a pro rata basis while excluding the offer from one or more specific shareholders. The SEC prohibits exclusionary tender offers.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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