public exchange offer

A takeover attempt in which the bidder corporation offers to exchange some of its securities for a specified number of the target corporation’s voting shares. Cf. TENDER OFFER. [Cases: Securities Regulation 52.30–52.50. C.J.S. Securities Regulation §§ 121–122, 127–128, 131–138, 140–141.]

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词条贡献者

资深译员Ting，亚洲顶尖法学院国际贸易专业，擅长翻译各类与国际贸易委员会调查程序相关的法律文件。