an acquisition or merger, the number of shares of the acquiring company that a
shareholder of the purchased company receives for each share of stock that he
or she holds.
"exchange ratio." YourDictionary, n.d. Web. 17 August 2018. <http://www.yourdictionary.com/exchange-ratio>.
exchange ratio. (n.d.). Retrieved August 17th, 2018, from http://www.yourdictionary.com/exchange-ratio