what is the use of tender stocks ?
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Explanation:
A tender offer is a type of public takeover bid constituting an offer to purchase some or all of shareholders' shares in a corporation. Tender offers are typically made publicly and invite shareholders to sell their shares for a specified price and within a particular window of time.
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Answer:
A tender is the invitation to bid for a project or accept a formal offer such as takeover bid. Tendering usually refers to the process whereby governments and financial institutions invite bid for large project that must be submitted within a finite deadline.
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