Many mini-tender offers are made with respect to companies that do not trade on an established market, however.
Insurers have been reluctant to move quickly - even Farmers has not decided to act in its more established markets.
Furthermore, there is no established market for the loans of failed banks.
But I am less sure whether the bigger houses, with their established markets, benefit other than in terms of public relations.
The commercial paper market might still challenge these established markets, although for the reasons discussed above it has not yet developed critical mass.
Lack of an established market, high cost, and the need for trained operators slowed its adoption.
This is the group's most established market to date.
But of course Google+ will grow faster than those services, because it is moving into an established market where users understand the basic proposition.
Being publically offered on an established American market for three months.
A purchaser at an established market does, therefore, obtain good title.