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Dutch Auction Underwriting
A method of public offering in which the price of the offering is set after taking all bids and determining the highest price at which the total offering can be sold.
Competitive Bidding
A procurement process in which multiple suppliers submit bids to win a contract to provide goods or services.
Offer Price
The price at which sellers are willing to sell their shares or securities; also the price a buyer pays to buy a security.
Ex-rights Date
The date on which a stock trades without the right to receive a specific dividend or distribution announced by the company.
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