Firms engaging in fixed price tender offers tend to be larger, with an average market value (SIZE) of $1,172 million as compared to an average of $810 million for firms engaging in Dutch auction
Global Alumina Corporation (TSX: GLA.U), a Canada-based company engaged in exploration and development of bauxite resources in Guinea, has commenced a substantial issuer bid by way of a Dutch auction
A selection of wines will be available to taste over the two days and there will be a Dutch auction
on selected wines.
announced the final results of its modified "Dutch auction
" tender offer, which expired on Sept.
She added: "We raised pounds 1,700 through a raffle, bingo and a Dutch auction
But the consortium have become frustrated in their dealings with Hamilton, who they accuse of trying to arrange a Dutch auction
between themselves and the UPA (United Plotholders Association) bid headed by Surrey-based property developer Andrew Smith.
Brookfield Homes Corporation commenced its Dutch auction
tender offer for up to 5,000,000 shares of its outstanding common stock, at prices ranging from $15.5 to $18.5 per share, for a total of $78 million to $93 million if the maximum number of shares are repurchased.
In a Dutch Auction
each holiday lot starts at the maximum price and at regular intervals the price drops until it reaches the reserve price.
Due to recent market conditions, Shaw Industries is revising and extending its Dutch Auction
tender offer for up to 12 million shares of its common stock, representing approximately 9.1 percent of its currently outstanding shares.
WR Hambrecht & Co.'s approach, called OpenIPO, introduces a Dutch auction
method to price and allocate IPO shares over the Internet.
Among the suggestions from academe is that the Treasury replace the current auction technique with a so-called Dutch auction
. While not a new suggestion, it is one worthy of rigorous analysis.
Universal Logistics announced the commencement of a modified "Dutch auction
" tender offer to purchase up to 300,000 shares, or about 1.1%, of its outstanding common stock using funds borrowed under our existing line of credit and available cash, cash equivalents and short-term investments, at a price of not less than $21.00 and not more than $24.00 per share.