Answer:
The correct answer to the following question is Tender offer .
Explanation:
Tender offer can be defined as an offer made by an acquirer ( who can be any individual purchaser or the company itself ) to purchase all or some number of shares from the stockholders shares in a company. Here the purchaser is offering a price that is premium to the market price. As per the SEC ( securities exchange commission ) any purchaser who is acquiring 5% or more percent of shares of the company has to inform SEC and exchange about it.
