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Two-tier bidTakeover bid in which the acquirer offers to pay more for the shares needed to gain control than for the remaining shares, or to pay the same price but at different times in the merger period; contras [..]
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Two-tier bidDefinition A type of takeover bid in which an acquiring company offers a higher premium on shares of the target company to enough shareholders so as to take a controlling interest (often 51%). The rem [..]
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