mandatory general offer
noun[C]
ukus(abbreviationMGO);(alsomandatory offer)FINANCE
anofferthat ashareholdermust make tobuyall thesharesin acompanywhen they already own a third of thecompany:
The company'ssinglebiggestshareholderyesterdaytriggeredamandatorygeneraloffer(MGO) after his shareholdingbreachedthe 33%level.