Sentence examples for tendered shares from inspiring English sources

It addresses the timing of offers—how long stockholders must have to withdraw their tendered shares.

The Williams Act lays down minimal requirements for acquiring corporations in the process of a tender offer, which includes disclosure of the acquisition's purpose, offering plans for future changes, and paying the same price for all tendered shares.

It addresses the terms of permissible offers, requiring bidders to pay the same price to all tendering shareholders, and requiring, in the event of oversubscription in partial offers, purchases to be prorated among all who tendered shares.

Depository Trust charged Carnegie a fee of $2,700 for publicizing its offer to banks and brokerage firms across the country, and PaineWebber allowed tendered shares to be sent to one of its accounts, which it administered because PaineWebber was the clearing broker for First Colonial Securities, the brokerage firm Carnegie used.

Update: Take-Two has responded, pointing out that the tendered shares represent just 8.3 percent of the total.

Almost as good for shareholders: an open-ending, in which the operator commits to redeeming tendered shares at full net asset value.

ABN Amro shareholders have until Oct. 4 to tender their shares to Barclays and until Oct. 5 to tender shares to the consortium.

Last month, shareholders agreed to tender shares amounting to 55 percent of the company in cooperation with his bid.

Under the procedure, the company said, each stockholder will be invited to tender shares at prices of $22 to $26 a share.

In a survey of 59 Genentech shareholders by Citigroup this month, 92 percent said they would not tender shares at that price.

The Waksals have said they were obliged to tender shares to Bristol-Myers because they were recommending that other shareholders do so.