The agreement of a tender offeror to abandon its tender offer and not purchase any additional stock is called a(n)________ agreement.

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A standstill agreement is an agreement between a tender offeror and the target company, which specifies that the offeror will not acquire any additional shares of the company's stock for a specified period of time. The purpose of a standstill agreement is to allow the target company time to evaluate the offeror's proposal and to explore other strategic alternatives without the threat of a hostile takeover. Choices A, C, and D are not relevant to this concept.

The Agreement of a Tender Offeror to Abandon Its Tender