blended price

blended price definition - business

blended price

The weighted average price paid to shareholders in a two-tier tender offer. If 60% of shares are purchased for $20 each and the remaining 40% of shares are acquired for $15 each, the blended price is (0.60 × $20) + (0.40 × $15), or $18.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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