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two-tier bid

n.
1.a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares

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  • Idiom of the Day

    laid up
    to be confined to bed, to be unfit for work
    My friend has been laid up for a few days because of a cold.



    1.
    In spite of the problems, we managed to finish it on time

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