exchange offer Meaning in Cambridge Business English Dictionary
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Meaning of "exchange offer" - Business English Dictionary

exchange offer

noun [C]
 
 
FINANCE
an occasion when a company offers to buy its own or another company's shares from existing shareholders offering securities (= financial assets such as shares and bonds) as payment instead of cash: The mobile communications group improved 4.5p to 38.5p after agreeing a share exchange offer said to be worth 41.9p a share.
(Definition of exchange offer from the Cambridge Business English Dictionary © Cambridge University Press)
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