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LSDefine

Simple English definitions for legal terms

takeover bid

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A quick definition of takeover bid:

A takeover bid is when a group of people or a company tries to take control of another company by buying a lot of its shares. They usually offer to pay more money for the shares than they are worth, in order to convince the shareholders to sell. This is called a tender offer. The goal of a takeover bid is to gain control of the target company and its assets.

A more thorough explanation:

A takeover bid is when an outside group or company tries to gain control of another company by buying a majority of its shares. This is usually done by offering a higher price than the current market value of the shares.

A tender offer is a type of takeover bid where the acquiring company offers to buy a minimum number of shares directly from the shareholders of the target company at a fixed price. This fixed price is usually higher than the current market value of the shares. The purpose of a tender offer is to gain control of the target company.

A cash tender offer is a type of tender offer where the acquiring company offers to pay cash for the shares of the target company. This is in contrast to offering other corporate shares in exchange. Most tender offers involve cash.

Company A wants to take over Company B. Company A offers to buy 51% of Company B's shares at $20 per share, which is higher than the current market value of $15 per share. This is a takeover bid. If Company A offers to buy the shares directly from the shareholders of Company B, it is a tender offer. If Company A offers to pay cash for the shares, it is a cash tender offer.

This example illustrates how a takeover bid, tender offer, and cash tender offer work. Company A is trying to gain control of Company B by offering a higher price for its shares. The tender offer allows Company A to buy the shares directly from the shareholders of Company B. The cash tender offer allows Company A to pay cash for the shares instead of offering other corporate shares in exchange.

takeover agreement | takeover defense

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16:47
i'd reach out to their admissions and check up on it
I did 2x and they said "The vast majority of candidates who have submitted their complete application by our deadline will be notified by the last day of April"
like kinda fucked
16:50
ugh that's so annoying
law schools that ghost should give you your money back
or reject
like man GIVE IT BACK!!!!
ClassyPleasantHeron
16:56
Schools explicitly asking applicants to retake the LSAT are TTTs pretending to be 2nd tier.
LMAOOO
like man oklahoma more like oklahowaboutyoueatmyshoe
me when that person on reddit said UofU wave and it's.... 3 people
help who just posted that right after I started bitching in chat
my heart fell straight into my ass mind u
and i just got a fucking app status tracker update... not for UofU... my BP is so spiked rn
QuarrelsomeTurkey
18:29
does anyone know if bu ever releases after 5 pm
Lol @jupitersmoons It feels like UofU is screwing with us haha
fr like I know it"s Mountain Time but bestie we have less than half an hour before typical EOD
what we doing
Real
19:17
new COAs are out
19:37
Anyone know how long it takes to get aid package after getting admitted to UChicago or Northwestern?
I’d ask in the t14 chat bc lol it may be a bit until you can get someone who can answer that question here
21:19
@syddak: Oof tough spot. Congrats on the As. Did either indicate either via email/mail that they would be following up with aid, and if so, did they provide a time frame? It may be acceptable to email them and indicate seat deposits are fast approaching and you are curious if you can expect further info (aid) from the school to aid u in ur decision..
0:26
@UnderRepresentedTryhard: that’s a greater than sign. Meaning outside t14
0:27
Schools>t14
IrishDinosaur
13:38
I'm convinced USC doesn't really exist
IrishDinosaur
13:38
it's an elaborate hoax
i showed a guy at asd my lsd profile. little does he know that im an influencer
babycakes
16:36
u such a crazy flexer
the fellas were impressed by the r less cycle
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