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 buyout firm last September teamed up with Korea Zinc’s top shareholder Young Poong to launch a 2 trillion won ($1.5 billion) tender offer for a bigger ownership stake in the metals giant, hoping to oust its chairman Yun B. Choi from running the company. Zinnia Lee, Forbes, 7 Feb. 2025 In November, OpenAI allowed employees to sell about $1.5 billion worth of shares in a tender offer to SoftBank, people familiar with the matter told CNBC at the time. Hayden Field, CNBC, 30 Jan. 2025 In September, Young Poong and MBK announced a tender offer for Korea Zinc shares, sweetening its bid twice in the process. Daisuke Wakabayashi, New York Times, 22 Jan. 2025 The funds are expected to be used to buy shares from shareholders through a future tender offer. Ryan Lawler, Axios, 8 Jan. 2025 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 16 Feb. 2025.

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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