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What is Open Offer ?

This article was posted on Jun 25, 2009

Open Offer: Perhaps the most above board of takeover bids, in which the bidder makes its intention known through an open advertisement, followed by letters of offer to shareholders, to buy the shares of the target company at a stated price, usually quite above the ruling market price. The bidder may thus acquire a sufficiently larger number of shares to have a controlling interest in he target company, paving the way for a merger.

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  1. Amol Says:
    July 17th, 2012
    Posted at: 1:56 pm

    can i sell infy now


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