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You work for a biotechnology company that uses Streptomyces strains to produce pharmaceutical products. A phage has infected and killed some of your Streptomyces strains during production, resulting in dramatically decreased yields. To protect the strains from infection you propose to
Tender Offer
A proposal made publicly by an individual or entity to buy shares from shareholders of a publicly traded company at a specified price for a limited time.
Acquisition Cost
The total cost incurred to acquire an asset, including the purchase price and all related expenses.
Minority Shareholders
Shareholders who own less than 50% of a company's shares and, therefore, do not have a controlling interest in company decisions.
Exclusionary Self-tender
A corporate strategy in which a company offers to purchase its own shares from shareholders, typically at a premium, as a means to reduce the number of outstanding shares and thus potentially increase the share price.
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