Partial Tender Offer definition

Partial Tender Offer means an offer to purchase less than all the Outstanding Shares (of a same type and class) issued by an Offeree which is an Adherent Company.
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Examples of Partial Tender Offer in a sentence

  • On September 10, 2004, the Lola Trust and the Ernest Trust, disclosed that they held approximately 10% of th▇ ▇▇▇▇tanding shares of common stock, par value $0.0001 per share, of NRL (the "Common Stock"), and commenced a partial tender offer to purchase, for $19.89 in cash per share, up to 1,825,000 outstanding shares of Common Stock, so as to acquire up to 50.01% of the outstanding shares of Common Stock (the "Partial Tender Offer").

  • On September 10, 2004, the Lola Trust and the Ernest Trust, disclosed that ▇▇▇▇ held approximately 10% of the outstanding shares of common stock, par value $0.0001 per share, of NRL (the "Common Stock"), and commenced a partial tender offer to purchase, for $19.89 in cash per share, up to 1,825,000 outstanding shares of Common Stock, so as to acquire up to 50.01% of the outstanding shares of Common Stock (the "Partial Tender Offer").