search query: @indexterm commercial law / total: 549
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| Author: | Ogowewo, T. |
| Title: | The underlying themes of tender offer regulation in the United Kingdom and the United States of America |
| Journal: | Journal of Business Law
1996 : SEP, 5, p. 463-481 |
| Index terms: | COMMERCIAL LAW UNITED KINGDOM USA |
| Language: | eng |
| Abstract: | The tender offer is an acquisition employed to effect changes in the ownership or control of a company; such changes may take the form of a takeover or merger. Its mechanics involve the bidder making a public declaration to all the relevant security holders of the target company that if they tendered their securities to the designated depository within a limited period they will receive a premium. If the bidder obtains enough securities to give it control, the bidder will use the securities to vote out the existing board and install its own. |
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