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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
And, third, this transaction provides an immediate liquidity event for all of our stockholders who elect to participate in the self tender offer.
—Alex Weprin, The Hollywood Reporter, 20 Dec. 2024
That valuation boosted Musk’s roughly 42% stake in SpaceX to $147 billion, an increase of 60% from SpaceX’s previous tender offer that valued the firm at $210 billion.
—Ty Roush, Forbes, 11 Dec. 2024
For example, Softbank reportedly invested another $1.5 billion in OpenAI last month through an employee tender offer.
—Richard Nieva, Forbes, 16 Dec. 2024
Musk’s company is also reportedly seeking a tender offer that would value it at $350 billion, up from $210 billion earlier this year.
—Rocio Fabbro, Quartz, 5 Dec. 2024
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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 9 Jan. 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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