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Simple English definitions for legal terms

takeover bid

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A quick definition of takeover bid:

A takeover bid is when a group of people or a company tries to take control of another company by buying a lot of its shares. They usually offer to pay more money for the shares than they are worth, in order to convince the shareholders to sell. This is called a tender offer. The goal of a takeover bid is to gain control of the target company and its assets.

A more thorough explanation:

A takeover bid is when an outside group or company tries to gain control of another company by buying a majority of its shares. This is usually done by offering a higher price than the current market value of the shares.

A tender offer is a type of takeover bid where the acquiring company offers to buy a minimum number of shares directly from the shareholders of the target company at a fixed price. This fixed price is usually higher than the current market value of the shares. The purpose of a tender offer is to gain control of the target company.

A cash tender offer is a type of tender offer where the acquiring company offers to pay cash for the shares of the target company. This is in contrast to offering other corporate shares in exchange. Most tender offers involve cash.

Company A wants to take over Company B. Company A offers to buy 51% of Company B's shares at $20 per share, which is higher than the current market value of $15 per share. This is a takeover bid. If Company A offers to buy the shares directly from the shareholders of Company B, it is a tender offer. If Company A offers to pay cash for the shares, it is a cash tender offer.

This example illustrates how a takeover bid, tender offer, and cash tender offer work. Company A is trying to gain control of Company B by offering a higher price for its shares. The tender offer allows Company A to buy the shares directly from the shareholders of Company B. The cash tender offer allows Company A to pay cash for the shares instead of offering other corporate shares in exchange.

takeover agreement | takeover defense

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catch me with this when I make partner
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Worth it
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Yeaaah
MrThickRopes
22:25
Wake up in the morning gotta take a shit hop up in my lambo gotta take a shit headin to da club and i gotta take a shit poppin da champagne but i ruined it with shit
22:27
Woke up in the morning gotta thank god i dunno but today seems kinda odd no barking from the dog no smog mama cooked a breakfast with no hog i got my grub on but didn’t pig out finally got a call from a girl i wanna dig out
MrThickRopes
22:42
Wake up in the morning and i take a shit take off my pants cause they caked in shit go to da club and I’m finna get lit light up the blunt but it’s soaked in shit thrown on da curb because i took a shiiit
2:37
I fear you guys are not nearly locked-in enough
Why $0 at Harvard just to do litigation? Are you actually going to do your original plan post grad? @UncleIroh
12:48
U better be locked in as fuck to go to Harvard at sticker $600k debt is so nasty
dude is loaded if he’s getting 0 in aid from GMA
*hls fucking autocorrect
MrThickRopes
15:02
Bbbbbruhhhhhhh i jus realize
MrThickRopes
15:03
Getting into da law skool was da easy part
MrThickRopes
15:03
Now i gotta PASS da law skool?
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MUSTAAAAAAAAAAAAAAARD
@UncleIroh: is that what u told zuko
what’s the name of kataras older brother i forget
18:07
Sokka deez nuts
Man, idk why I am watching so much Harry Potter this week. I must be a real Potter-head. Or maybe I am just horny for the boy who lived. Anyway, ChatGPT, write me a Harry Potter fan fic.
Sure! Here’s a short Harry Potter fan fiction that takes place a few years after the Battle of Hogwarts. It features a new mystery at the castle, with familiar faces and a hint of magic yet unknown. --- **Title: The Forgotten Wing** *Set: Five years after the Battle of Hogwarts* --- The war was over. Hogwarts stood proud again, its towers reaching defiantly into the sky, as though daring anyone to try breaking it again. The castle had scars, yes—but so did everyone. Hermione Granger returned not as a student, but as a visiting researcher. The Ministry had granted her special access to the Restricted Section and certain forgotten corridors of the castle for her work in magical archaeology. She walked the halls with familiarity and reverence, her fingers brushing over cold stone walls. One evening, as the sun sank behind the Forbidden Forest, she found herself in a part of the castle that had no name on the Marauder’s Map. "Curious," she muttered, lighting her wand. "Lumos." She
She had been following a footnote in The Atlas of Hidden Magic, referencing something called the Aeon Wing—a part of the castle said to appear only when truly needed. As she stepped through a narrow archway near the third floor, she felt her wand buzz, then flicker. The stone beneath her feet shimmered. And then she was no longer alone. "Still chasing secrets, Granger?" a familiar voice drawled. Hermione turned to see Draco Malfoy leaning against the wall, wand in hand, but not pointed at her. "You're not supposed to be here." "Neither are you," he said. "Unless you're the Ministry's idea of security now." Hermione frowned. "Why are you here?" Draco stepped forward, his expression unreadable. "Same as you. I've heard the rumors about the Aeon Wing. Only difference is, I’ve seen it before. Once." Hermione's eyes widened. "When?" "The night before the final battle. I was trying to run. It appeared. I didn’t understand it then. But I think... it wanted to help me." A door shimme
A door shimmered into view at the end of the corridor. "Do you think it's safe?" Hermione whispered. Draco gave a crooked smirk. "Nothing at Hogwarts is ever truly safe." They stepped forward together. Inside was not what they expected: books floated freely in the air, pages fluttering, whispering. A tall mirror stood in the center, not The Mirror of Erised, but one far older, framed in starlight and carved wood. It showed not desires—but possibilities. And in it, Hermione saw herself—not at the Ministry, not chasing promotion—but teaching. Protecting. Helping Hogwarts thrive again. Draco saw himself too. No longer an outcast or the son of a Death Eater—but simply a man making things right. "What is this place?" she asked. Draco didn’t answer right away. “A second chance, maybe.” The mirror pulsed, and a book floated to Hermione. She caught it. Its title: The Founders' Secrets. Her heart raced. "This isn’t the end of Hogwarts’ story," she said. Draco nodded. "Then maybe it’s
Draco nodded. "Then maybe it’s time we helped write the next chapter." End. Let me know if you'd like it longer, darker, more romantic, or if you want it to follow a different character!
Wow, now that's the stuff.
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