If management turns down the offer, the bidder can, and often does, take the offer directly to the shareholders in the form of a tender offer.
"To preemptively diffuse any cynical criticism that you may encounter with respect to our request, which might claim that we are requesting a tender offer with the intention of tendering our own shares, we hereby commit not to tender any of our shares if the company consummates any form of a tender offer at any price.
This involved inserting a rule into the District Plan (a legal instrument) requiring landowners/managers of the most erosion prone land (described as Overlay 3A) to establish trees or shrubs at the appropriate density, and to maintain tree cover already present on such land, with the ECFP providing the subsidy in the form of a grant (tender).
If the mayor has his way, this could well be the year when salt, once a form of legal tender, is finally devalued as a prized condiment in the American diet.
Yet this is the ideal world envisaged by some of Malaysia's activists championing the Islamic gold dinar and silver dirham as a new form of legal tender to replace paper money – a utopia that could see the light of day as early as the middle of next month.
This competition can take the form of mergers, tender offers, or proxy fights.
Together, we all form a tender ecosystem that must work together, in spite of our differences of opinion and ways of expressing ourselves.
Reverse mortgages can be tendered in the form of a lump sum, line of credit, monthly payout or combination payment method.
It's shocking (he has never smoked) but somehow fitting, since the show's environment is a kind of dead zone, not fit for any form of life more tender than spiders, snakes, or scorpions.
From interviews conducted in [5, 4], a clear indication is that quality, on average, has improved informants working in the health corporations and local administration saw this as a result of competition being introduced in the form of competitive tendering.
The envelopes with bids will be opened at 15:15 the same day as stipulated in the form of invitation to tender annexed.
