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Unconditional Bid

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Unconditional Bid
In a takeover of a publicly-traded company, an offer to pay a stated price per share, regardless of how many shares the acquirer purchases. An unconditional bid is most common after the acquirer already has a majority stake in the target company.


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By the end of June, I had an unconditional bid from Nanjing for the whole company," he said.
``There are two unconditional bids at pounds 3m which we are looking at now You know when you sell a house that you can never be sure of a final date but it should be soon.
An NRL public tender has sought unconditional bids on principal-to-principal basis at the option of seller for the export of oil in lots of 25,000 tonnes during November 1, 2003 and March 31, 2004.
 
 
 
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