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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
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
Elon Musk’s SpaceX, which reportedly valued itself at more than $200 billion in a recent employee tender offer, has enabled investor shares through secondary transactions.
—Hayden Field,mackenzie Sigalos, CNBC, 6 Sep. 2024
Canal+ has also made a tender offer to buy the African service MultiChoice Groups.
—Elsa Keslassy, Variety, 25 July 2024
See all Example Sentences for tender offer
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tender offer.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1967, in the meaning defined above
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 5 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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