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

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 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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