tender offer

noun

: a public offer to buy not less than a specified number of shares of a stock at a fixed price from stockholders usually in an attempt to gain control of the issuing company

Examples of tender offer in a Sentence

Recent Examples on the Web
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The source of his net worth comes from the following: SpaceX was founded in 2002 and is worth nearly $210 billion based on a tender offer launched during the second half of 2024. Marley Malenfant, Austin American-Statesman, 13 Nov. 2024 The veteran general manager concocted a plan to tender offer sheets to the Edmonton Oilers’ Philip Broberg and Dylan Holloway simultaneously. Jeremy Rutherford, The Athletic, 20 Aug. 2024 The pay-TV group, which may pursue a secondary listing in Johannesburg pending its MultiChoice tender offer, would remain a French tax resident. Naman Ramachandran, Variety, 22 July 2024 In 2015, Angelo and Yorkville Advisors were fined $135,000 by the Italian financial regulator the Commissione Nazionale per le Società e la Borsa for failing to make a public tender offer to buy the shares of certain shareholders involved in a deal. Bypaolo Confino, Fortune, 18 Sep. 2024 See all Example Sentences for tender offer 

Word History

First Known Use

1967, in the meaning defined above

Time Traveler
The first known use of tender offer was in 1967

Dictionary Entries Near tender offer

Cite this Entry

“Tender offer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tender%20offer. Accessed 28 Nov. 2024.

Legal Definition

tender offer

noun
: a public offer to purchase a specified number or range of shares from shareholders usually at a premium and in an attempt to gain control of the issuing company
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