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exploding offer

exploding offer
 n.— «“On April 17, we had an exploding offer from Pennzoil,” Wyant says. Pennzoil offered $32 in cash to all shareholders for 100 percent of Facet stock. The offer, which was issued Friday afternoon, expired the following Sunday at 9 p.m.» —“Facet Finds Itself Hungry After Battle” by Cynthia Dees Tulsa Business Chronicle (Oklahoma) Jan. 23, 1989. (source: Double-Tongued Dictionary)

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