A __________ is a general invitation to all of the shareholders of a target company to sell their shares for a specified price.

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A tender offer is a general invitation to all shareholders of a company, inviting them to sell their shares at a specified price. The offer is usually made by an acquiring company looking to gain a controlling stake in the target company. The offer is usually communicated through public announcements, and shareholders are given a specific timeframe within which to choose to accept or decline the offer.

A __________ Is a General Invitation to All of the Shareholders