Examlex
Find the first term and the common difference for the arithmetic sequence. Round approximations to the nearest
hundredth.
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Lockup Agreement
The part of the underwriting contract that specifies how long insiders must wait after an IPO before they can sell stock.
Economies of Scale
Cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.
White Knight
A corporation or individual that acquires a corporation on the verge of being taken over by forces deemed undesirable by the company's board or management.
Hostile Takeover
An acquisition attempt by a company or investor to acquire another company against the wishes of the target company's management and board of directors.
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