assented shares

assented shares

SHARES in a company which a shareholder has agreed to sell to a takeover bidder for the company. If in the interim the shareholder sells his shares in the market, any purchaser is automatically committed to accept the bid.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson