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
This year, Plaid hired Goldman Sachs to raise up to $400 million in a tender offer that would allow shareholders to cash out, according to a person familiar with the matter.
—
Erin Griffith, New York Times, 18 Feb. 2025
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
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Erin Griffith, New York Times, 18 Feb. 2025
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
See All Example Sentences for tender offer
Cite this Entry
“Tender offer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tender%20offer. Accessed 3 Mar. 2025.
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