creeping acquisition

The gradual purchase of a corporation’s stock at varying prices on the open market.

• As a takeover method, a creeping acquisition does not involve a formal tender offer, although the SEC may classify it as such for regulatory purposes.

— Also termed creeping tender offer.

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词条贡献者

双语律师Howard，毕业于法国一流的高级翻译学院，擅长翻译各类与欧美消费者隐私法规相关的法律文件。