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The company's first CEO, Neil Montefiore, was appointed in 1996. [3] In January 1997 in the lead-up to the deregulation of the telecommunications industry in Singapore, MobileOne offered a free trial of its cellular service to build market share. [4] On 1 April 1997, MobileOne was officially allowed to conduct business as a mobile phone ...
A forced free trial is a direct-marketing technique, usually for goods sold by regular subscription, in which potential buyers are sent a number of free product sample, usually periodic publications. Often, publishers distribute free copies and the reader is not asked to subscribe.
A mini-tender offer is an offer to acquire a company's shares directly from current investors in an amount less than 5% of issued stock.In the United States, the advantage is that it does not required all the disclosures required for larger tender offers and the relevant filings with the U.S. Securities and Exchange Commission though they remain subject to the anti-fraud provisions.
The conservative social media company has lost roughly half its market value since May 30, the day former President Donald Trump was convicted of 34 felony counts in a hush money trial. Trump ...
China's ByteDance, the parent of short video app TikTok, is offering to buy back shares from its employees outside the United States for $160 apiece, a source familiar with the matter said on ...
San Francisco-based Figma will provide employees with more equity at a $10 billion valuation as they signed up after Adobe's buyout offer valued the company at $20 billion, the source said.
In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate takeovers.
The most common share repurchase method in the United States is the open-market stock repurchase, representing almost 95% of all repurchases. A firm will announce that it will repurchase some shares in the open market from time to time as market conditions dictate and maintains the option of deciding whether, when, and how much to repurchase.