open market purchase

The group also said that open market purchases of more than 20 percent of a company's stock should be made through a formal tender offer.

French rules require an increase of at least 2 percent in the value of the bid if open market purchases are made above the formal offer.

The company said latest quarter and year extraordinary items represent gains from open market purchases of the company's 8 1-2 percent convertible subordinated debentures.

Speculation about open market purchases by Mr. Kerkorian could well drive up the stock price, making his acquisition more expensive.

It lends money out at an artificially cheap rate (the rediscount rate) and conducts open market purchases.

The S.E.C. is expected to restrict open market purchases of more than 10 percent of a takeover target's stock.

The central bank may purchase government bonds by conducting an open market purchase, i.e. by increasing the monetary base through the money creation process.

The Pittsburgh-based Alcoa, the world's largest aluminum producer, said it would buy shares from time to time through open market purchases, negotiated purchases and tenders.

"Except for the open market purchase, the total estimated cost for the subscription of new shares in STM will be about 10.62 million dollars," Su said.

He, along with George L. Harrison, the Governor of the Federal Reserve Bank of New York, recommended open market purchases to increase reserves.

These transactions in foreign exchange will have an effect on the monetary base analogous to open market purchases and sales of government debt; if the central bank buys foreign exchange, the monetary base expands, and vice versa.

In a filing with the Securities and Exchange Commission, Mr. Kluge said that he had increased his Orion stake to 25.6 percent, from 24 percent, through open market purchases of 283,000 Orion shares between Jan.

At the hearing, G.E. and Whirlpool agreed there would be no open market purchases of Roper stock until the judge ruled on the request for the restraining order, according to a spokeswoman for G.E.

The Henley Group Inc. reported that it had raised its stake in the Santa Fe Southern Pacific Corporation to 16.7 percent, from 15.7 percent, through open market purchases of $24.85 million in additional shares.

The bill would also nearly double the time required for a tender offer to remain open, require much faster reporting time for accumulations of 5 percent of a company's stock, and provide greater disclosure by people making open market purchases.

LEAD: The Carlyle Group, a Washington investment firm whose offer to negotiate a takeover of Fairchild Industries had been spurned, has stepped up its open market purchases of the Chantilly, Va., electronics concern.

He did say that puts were "a shade better" than a partial tender or open market purchases for his investor group, but argued that it would be hard to buy that many puts at attractive prices in the few weeks before the expiration date.

Representative John D. Dingell plans to introduce legislation Monday that would outlaw or restrict a host of tactics frequently used in hostile takeovers, including "greenmail," "golden parachutes," "poison pills" and open market purchases of a target's stock.

However, the AOC's procurement authority does provide considerable discretion in the level of competition required when using small purchase procedures for open market purchases and nothing prohibits the AOC from requiring subcontracting goals and accomplishments from prime contractors.

Hongkong Land became a Group subsidiary for the first time following a multi-year programme of steady open market purchases while Jardine Pacific raised its interest in Hong Kong Air Cargo Terminals Limited from 25% to 42%.