Take the offer

Take the offer

Buy stock by accepting a floor broker's (listed) or dealer's (OTC) offer at an agreed-upon volume. Antithesis of hit the bid.

Take the Offer

Informal; to agree to buy a security at a price offered by a dealer at an agreed-upon volume.
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Prior to announcing its intention to take the Offer directly to shareholders, Green Growth engaged Aphria's board to attempt to negotiate a friendly business combination that included, among other things, a very short exclusivity period to allow both parties to seriously consider the combination; a full go-shop provision in favor of Aphria; and the preservation of Aphria's management and commitment to board representation at the combined company.