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hostile tender offer

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hostile tender offer
An offer to purchase shares from a firm's stockholders when directors of the target firm have recommended that stockholders not sell their stock. Hostile tender offers sometimes cause the directors of the target company to seek a better offer from another party. Compare tender offer. See also unfriendly takeover.
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667 shares of First Interstate stock, launch a hostile tender offer for First Interstate's stock, solicit proxies and consents from First Interstate shareholders to vote against the First Bank merger and attempt to replace First Interstate's board of directors with its own nominees.
HOW FOE BECAME FRIEND\Favorable market turned tide for Wells by Daily News (Los Angeles, CA)
No hostile tender offer was received by National Starch and the transaction was completed as a friendly takeover.
Deductibility of target's professional fees in a hostile takeover by Morzorati, Lynn M. / The Tax Adviser
There are those who say that the problems of our big American companies have been brought on or compounded by our tax policies, our national deficit, our inept global commerce program, our hostile tender offer and junk bond binge, our lack of competitiveness vs.
Going, going, gone by Lear, Robert W. / Chief Executive (U.S.)
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