Tuesday, 24 September 2013


Today's word: DAWN RAID
Theme for this fortnight: MERGERS & ACQUISITIONS

A takeover attempt by an individual or a company in which instructions are given to buy all available shares of the target company at current market price as soon as stock exchange is opened for business on a particular date. With this base the bidder makes an attractive offer to the other sharesholders in order to make a full takeover bid.


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