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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
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
Furthermore, should its public tender offer for Showmax parent company MultiChoice be successful, a secondary listing on the Johannesburg stock market could follow.
—Jesse Whittock, Deadline, 22 July 2024
Design software startup Figma has closed a tender offer valuing the design software startup at $12.5 billion, a spokesperson tells Axios.
—Kerry Flynn, Axios, 18 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 17 Sep. 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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