Aug 24, 2020 20:04
3 yrs ago
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English term
lowering the downside
English
Bus/Financial
Finance (general)
The Grubhub spread widened from $1.00 to $1.50 as Grubhub’s cover bid, Uber, bought a competing business thus lowering the optionality of a competing offer and/or lowering the downside for Grub on a break.
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+3
33 mins
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lowering the potential and extent of a decline in price
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29 mins
improving the chances of success
:
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