cash-and-shares
adjective[before noun]
ukusFINANCE
used todescribeatakeover(= when acompanygetscontrolof anothercompany)in which thebuyeroffersacombinationofmoneyandsharestoshareholders:
cash-and-shares bid/offer/dealShareholders canchoosebetween thebasiccash-and-sharesofferor acashalternative.