Posted in Finance, Accounting and Economics Terms, Total Reads: 260
Definition: Go Shop Period
During a merger or an acquisition, the target firm has an option to find better price from another firm for the offer. This is possible only for a fixed time period after the original offer. This period is known as the “Go- Shop Period”. In case of a better offer price, then the company has an option to take up the new offer instead of the original offer.