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First, go to Fool Home page and find the tab that says Investing Wiki. There you will find all kinds of help for newbie investors including an investment dictionary.

Roche already owns much of Genetech and wants to own the rest. They have already made a few offers and it is currently offering about $95 a share.

If you do nothing, you will eventually be paid for your shares at whatever Roche ends up buying them for. If you accept the offer now as it stands, you will get the current bid minus a premium brokerage fee.
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