Construct · 1 fields · 1 citations

pressure to tender: a standalone construct

One name. One construct. A landmark on the map.

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Corporate law

the pressure on target shareholders to accept a bid they value below its price because holding out risks a worse position if it succeeds.

In corporate law, pressure to tender refers to the pressure on target shareholders to accept a bid they value below its price because holding out risks a worse position if it succeeds. This meaning comes from Bebchuk (1985) in Harvard Law Review.[1]

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Nearby constructs

holding2 fields · 2 citationsjingle · one word, two constructs position3 fields · 6 citationsjingle · one word, three constructs pressure6 fields · 13 citationsjingle · one name, six constructs

References

Bebchuk, L. A. (1985). Toward Undistorted Choice and Equal Treatment in Corporate Takeovers. Harvard Law Review, 98(8), 1693. https://doi.org/10.2307/1341064

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