The target companys management may retaliate by soliciting competing offers from other companies in hopes that a bidding war will frighten off the attacker 目标公司的管理层可以请求另一家公司提出竞争性的收购要约，以寄希望于可以用竞价战争来吓退恶意收购者。
Depending on how many shares a potential acquirer buys in the market ; a formal offer to other shareholders may be required under stock exchange regulations 根据潜在的收购者在市场上所买进的股票的多少，有时需要根据交易所的规定，向其他持股人发出正式的收购要约。
Luxury automaker porsche said saturday it plans to raise its stake in volkswagen ag to 31 percent , triggering a mandatory offer for the whole of the company 豪华跑车制造商保时捷公司上周六宣布，计划把其在德国大众公司的股份增加到31 ，对大众发出强制性收购要约。
Even if the russian deal is approved , mr mittal can still scupper it , by buying 73 % of arcelor shares through his own tender offer before it expires in july 即便与俄罗斯人的合并案获得通过，米塔尔仍可以在7月份收购要约失效以前通过购买阿塞洛73的股权来达成自己的目标。
Article 83 . the buyer shall make a public announcement of the purchase offer 15 days after he submits a listed company purchase report in pursuance with provisions of the preceding paragraph 第八十三条收购人在依照前条规定报送上市公司收购报告书之日起十五日后，公告其收购要约。
Article 83 the purchaser shall announce his takeover offer 15 days after the date on which , pursuant to the provisions in the preceding article , he submits the report regarding the takeover of the listed company 第八十三条收购人在依照前条规定报送上市公司收购报告书之日起十五日后，公告其收购要约。
But enough long - term shareholders were persuaded either of vw ' s potential or of the chances for a higher bid from porsche that few seemed ready to accept the offer set in motion yesterday 但是，有足够数量的长期股东或是相信大众汽车的潜力，或是相信保时捷可能提高出价，因此似乎没什么人准备接受昨日提出的收购要约。
An “ unfriendly ” or “ hostile ” acquisition attempt is usually characterized by an offer far in excess of the market value of the shares , which is meant to induce current stockholders into selling “不友好”或“敌意”收购企图一般表现为价格远高于目标公司股票的市场价值的收购要约，以诱使现有股东出售所持有股份。
Chapter 2 , the legislation and practice of public takeover , which introduces the constituting elements , publicized demands , expiring date , change and cancelling and the legal regulations after the accomplishment of the agreement 介绍了收购要约的构成要素、公布要求、有效期限、变更与撤销以及要约完成后的法律规制等问题。
At a five - hour board meeting on june 11th , arcelor ' s bosses formally rejected mittal ' s 25 . 8 billion ( $ 32 . 3 billion ) takeover bid and reiterated their determination to merge with russia ' s severstal 在6月11日长达5个小时的董事会议上，阿塞洛正式回绝了米塔尔价值258亿欧元（ 323亿美元）的收购要约，并且重申了自己与俄罗斯谢维韦尔钢铁公司的合并计划。
