The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FAIR PRICE PROVISION Definition & Legal Meaning

Definition & Citations:

A legal provision that protects a company from an ACQUISITION based on a TWOTIER BID (i.e., a first tier comprised of an attractive frontloaded cash offer, and a second tier consisting of a lower price and/or lower percentage of cash). The provision requires that all of the target company

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