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Term of the Day for Wednesday, October 13, 2010
takeover bid
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Term of the Day takeover bid
The amount a company or group of investors is willing to pay in order to acquire a company. The bid is an offer to the shareholders of the target company. The shareholders will have to approve of the bid before an acquisition can be made, and can vote to hold out for more money from the acquiring company or to wait for a competing bid.
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Pay off your loans and other debts before you start investing. When you have loans, they usually assess a higher interest rate than what you can make on your investments.
Keep reading this tip...
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Thinking of buying a bond issued by a corporation? Learn the basics about corporate bonds as well as how to evaluate the yield, maturity, duration, rating, callability and convertibility.
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| Quote of the Day
The trick is to stop thinking of it as your money. - An IRS Auditor
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