Japanese Association of Securities Dealers Automated quotation System (Jasdaq) is the Japanese equivalent of nasdaq.

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Tender offer

Usually means that one firm or person is making an offer directly to the shareholders in another firm to sell (tender) their shares at specified prices. Less otherwise stated in a company’s memorandum, obtaining 50% or more of the shares of the target firms is equivalent to having received shareholder approval. Tender offers can be friendly or hostile.

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