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When negative externalities are present in a market,
Tender Offer
A public offer made by an individual, company, or group to purchase a large percentage of another company's shares or bonds at a specified price.
Class of Shares
Different categories of stock in a corporation, each conferring distinct rights and privileges.
Due Diligence Defense
A legal defense where a defendant shows that they have taken all necessary steps to avoid violating the law, usually in relation to investments or financial transactions.
Material Omissions
Failure to disclose important information that results in presenting a misleading picture of the facts.
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