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tender offer

American  

noun

  1. a public offer to purchase stock of a corporation from its shareholders at a certain price within a stated time limit, often in an effort to win control of the company.


Etymology

Origin of tender offer

First recorded in 1960–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Semiliquid funds can elect to repay up to 7% without having to amend their tender offers.

From The Wall Street Journal

In January, Toyota Fudosan raised its bid from the original offer of ¥16,300 a share and started the tender offer, which runs through March 16.

From The Wall Street Journal

Three days later, Paramount announced it was taking a tender offer directly to shareholders.

From The Wall Street Journal

It’s a great outcome for Paramount, which only had to raise its hostile tender offer by $1 a share to avoid a prolonged bidding war.

From Barron's

Paramount, led by David Ellison, went directly to shareholders with a tender offer in December, after being rebuffed by Warner multiple times.

From The Wall Street Journal