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Partial Tender Offer

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Partial Tender Offer
An offer to buy some of the stock in a publicly-traded company for a price well above fair market value. The company making the tender offer specifies the maximum number of shares it will buy. As with other tender offers, it is not intended to stop trade on its stock. It may be part of a hostile takeover or, if a company is buying back its own stock, an attempt to keep a hostile takeover from happening. See also: Self-Tender Offer.

partial tender offer
An offer to purchase less than all the shares of a company by specifying a maximum number of shares that will be accepted.


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receive fair and equal treatment in the event of any proposed takeover of the company and to guard against partial tender offers, open market accumulations and other abusive tactics to gain control of Beverly to the detriment of shareholders.
TASE:ELRN) (NASDAQ:ELRN), announced today that it has completed its previously announced partial tender offer to purchase up to 10,139,455 convertible debentures (series A) (the "Debentures") of Starling Advanced Communication Ltd.
SAN ANTONIO -- Tesoro Corporation ("Tesoro") (NYSE:TSO) today confirmed that it is aware of the public announcement made by Tracinda Corporation regarding a proposed unsolicited partial tender offer to be made to Tesoro's stockholders from Tracinda to purchase up to 21,875,000 shares of Tesoro's common stock, or approximately 16% of Tesoro's outstanding shares of common stock, for $64.
 
 
 
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