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Best-Price Rule |
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Best-Price Rule An SEC rule stating that that a tender offer ? an offer by a company to buy back some of its own shares ? must be available to all holders of that class of share and that the highest price paid must be the price paid to all holders who take advantage of the tender offer. This rule exists to ensure fairness and prevent favoritism in tender offers. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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