BOCA RATON, Fla. â Mark Calcavecchia took advantage of Bernhard Langer's messy finish Sunday to complete a wire-to-wire victory in the PGA Tour Champions' Boca Raton Championship. Calcavecchia had a 20-foot bogey save on the par-3 16th and parred the final two holes for a 2-under 70 and a two-stroke victory over Langer on The Old Course at Broken Sound.
There are two alternative methods for closing a public transaction after a definitive agreement is reached between the buyer and seller: a one-step merger and a two-step tender offer and merger: The two-step tender offer, contrary to the implications of its name, is the quickest way to close a deal.
Tender of Defense Law and Legal Definition. It is an act by which one party places its defense, and all costs associated with said defense, on another person or organization. There is usually a contract or other agreement in place requiring that person or organization to take on the defense. This transfers the obligation of the defense and possible indemnification to the party on whom tender was made. This term is usually insurance related.