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A public offer by one firm to directly buy the shares of another firm is called a tender offer

What is tender offer?

A tender offer is a type of public takeover bid in corporate finance. A tender offer is a public, open offer or invitation to all stockholders of a publicly traded corporation made by a prospective acquirer.

A tender offer is a structured liquidity event in which multiple sellers can tender their shares to an investor, a group of investors, or the company. In other words, it's a possible way for you to sell some of your company's stock while it's still private.

Tender offers must be open for at least 20 business days after they are launched. Tender offers, on the other hand, are frequently not completed within 20 business days if their conditions are not met within that time frame. In addition, an offer

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