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Question
______ means any offer of securities to a select group of persons by a company other than by way of the public offer.
Fill in the Blanks
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Solution
Private placement means any offer of securities to a select group of persons by a company other than by way of public offer.
Explanation:
Private placement refers to the issue of securities by a company to a selected group of persons instead of offering them to the general public. It is a quicker and more cost-effective method of raising capital compared to a public offer.
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Concept of Private Placement
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