Hakuhodo DY Launches Tender Offer for Digital HD at ¥1,970 per Share
The Japanese advertising group has announced a tender offer bid to acquire shares of Digital HD at a fixed price of ¥1,970 each.
Summary
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Terms & Concepts
Tender Offer Bid (TOB): A public offer to purchase some or all shareholders' shares in a corporation at a specified price, usually at a premium over the current market price.