When a firm purchases shares directly from a major shareholder it is also known as a(n)

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When a firm purchases shares directly from a major shareholder it is also known as a(n)

When a firm purchases shares directly from a major shareholder it is also known as a(n)

▸ greenmail.

▸ open market purchase.

▸ tender offer.

▸ targeted repurchase.

Textbook

Fundamentals of Corporate Finance

Edition: 2^nd

Authors: Berk, DeMarzo, Harford

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