An offer by one company to buy up all or greater part of another company's share is known as?
Question 1 Report
An offer by one company to buy up all or greater part of another company's share is known as?
Answer Details
An offer by one company to buy up all or a majority of another company's shares is known as a "take-over bid." Essentially, it is a proposal made by the acquiring company to purchase enough shares of the target company to gain control of its operations. This is typically done by offering shareholders a premium price for their shares. The acquiring company may use this strategy to gain access to the target company's assets, intellectual property, or customer base, or to eliminate a competitor in the marketplace. A takeover bid is also known as an acquisition bid or buyout offer.
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