TWO-TIER BID

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares

Classified under:

Nouns denoting acts or actions

Hypernyms ("two-tier bid" is a kind of...):

takeover bid (an offer to buy shares in order to take over the company)

Credits