株かぶ式しき公こう開かい買かい付つけ制せい度ど

noun

tender offer; takeover bid; TOB

A legal procedure under the Financial Instruments and Exchange Act where a purchaser publicly announces an offer to buy shares from existing shareholders at a specified price and period. Often abbreviated as TOB.

See also: 株式公開買い付け

• その会かい社しゃは株かぶ式しき公こう開かい買かい付つけ制せい度どを利り用ようして子こ会がい社しゃ化かを進すすめた。

  The company used a tender offer to proceed with making it a subsidiary.

• TOBとは株かぶ式しき公こう開かい買かい付つけ制せい度どの略りゃく称しょうです。

  TOB is an abbreviation for tender offer system.