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

法律翻译Roger，在一家顶尖欧洲律师事务所的北京办公室担任全职法律翻译，专注翻译各类与北欧业务有关的法律文件。