- open offer
An offer of new shares usually at a discount to existing shareholders on a pre-emptive basis, similar to a rights issue. The usual practice is to invite shareholders to apply for any number of shares. Unlike a rights issue, application forms are used (instead of provisional allotment letters) which cannot be traded nil paid and no arrangements are made for the sale of shares not taken up by shareholders. The principle of pre-emption (right of preemption) is usually achieved by providing for a guaranteed "minimum entitlement". If any shareholder declines his minimal entitlement, the excess shares are allocated to those applying for shares in excess of their minimum entitlements. If excess applications cannot be met in full, applications are scaled down.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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Open offer — Ein Open Offer (deutsch: offenes Angebot) ist eine besondere Form eines Kaufangebots, bei der der Verkäufer eines Objekts als Open Offer ein Angebot stellt, sich die Gegenpartei bei Angebotsannahme zu einer Abnahme zwingend verpflichtet, der… … Deutsch Wikipedia
Open Offer — Dieser Artikel wurde aufgrund inhaltlicher und/oder formaler Mängel auf der Qualitätssicherungsseite des Portals Wirtschaft eingetragen. Du kannst helfen, indem Du die dort genannten Mängel beseitigst oder Dich an der Diskussion beteiligst. Ein… … Deutsch Wikipedia
open offer — An issue of shares by a company for cash to existing shareholders on a basis pro rata to existing shareholdings. It is similar to a rights issue. However, the key difference is that the right to subscribe for shares in an open offer is not… … Financial and business terms
Open Offer — A secondary market offering that is similar to a rights issue in which a shareholder is given the opportunity to purchase stock at a price that is lower than the current market price. The purpose of such an offer is to raise cash for the company … Investment dictionary
open offer — A mechanism by which issuers raise funds through a pro rated offer of new shares to existing shareholders. Each qualifying shareholder is entitled to subscribe for new shares, but entitlement is not readily transferable and, if the entitlement… … Euroclear glossary
Offer — steht für Wirtschaftsbegriffe: Open Offer, Kaufangebot Self Liquidating Offer Cash Offer, Kapitalerhöhung Offer ist der Familienname von: Avner Offer (*?), britischer Wirtschaftshistoriker Siehe auch: Ofer … Deutsch Wikipedia
Offer — Indicates a willingness to sell at a given price. Related: bid * * * ▪ I. offer of‧fer 1 [ˈɒfə ǁ ˈɒːfər, ˈɑː ] verb [transitive] 1. to say that you are willing to give someone something, or to give them it: offer somebody something • The … Financial and business terms
offer — An expression indicating one s desire to sell a commodity at a given price; opposite of bid. Chicago Board of Trade glossary To show the desire to sell a futures contract at an established price. The CENTER ONLINE Futures Glossary Indicates a… … Financial and business terms
Open adoption — is an adoption in which the biological mother or parents and adoptive family know the identity of each other. In open adoption, the parental rights of biological parents are terminated, as they are in closed adoptions and the adoptive parents… … Wikipedia
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