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excommunicate
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exclusionary self-tender
ex·clu·sion·ar·y self-ten·der (plural ex·clu·sion·ar·y self-ten·ders)


noun 
Definition:
 
tender offer for selected own stock: a tender offer made by a company for a particular amount of its own stock, while excluding targeted stockholders
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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