securities exchange offer
A City Code on Takeovers and Mergers defined term for an offer in which the consideration includes securities of the bidder other than loan stock or loan notes (unless the stock or notes carry substantially the same rights as any other securities of the bidder in issue or conversion or subscription rights into such securities or equity share capital of the bidder).
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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