the firm announces a standing offer to buy a fixed number of shares at a specifi

Question

the firm announces a standing offer to buy a fixed number of shares at a specified price, and investors choose whether they’d like to accept the offer. what method is described in the preceding situation? 1 auction. 2 open-market transaction 3 tender offer. 4 direct negotiation the firm announces a standing offer to buy a fixed number of shares at a specified price, and investors choose whether they’d like to accept the offer. what method is described in the preceding situation? 1 auction. 2 open-market transaction 3 tender offer. 4 direct negotiation the firm announces a standing offer to buy a fixed number of shares at a specified price, and investors choose whether they’d like to accept the offer. what method is described in the preceding situation? 1 auction. 2 open-market transaction 3 tender offer. 4 direct negotiation

Explanation / Answer

3) Tender Offer
The company make announcement to their shareholders that they are interested in buying fixed number of shares at specified price,if they are interested they can accept the offer.

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