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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
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 As of last week, OpenAI is allowing employees to sell about $1.5 billion worth of shares in a new tender offer to SoftBank. Hayden Field, CNBC, 4 Dec. 2024 Bloomberg reported that Musk’s SpaceX is talking about pursuing a tender offer that would value the company at $350 billion. Allie Garfinkle, Fortune, 4 Dec. 2024 In a tender offer expected to occur later this month, insiders are looking to receive a dramatically higher valuation than the $210 billion figure reported earlier this year. Garth Friesen, Forbes, 3 Dec. 2024 See all Example Sentences for tender offer 

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 23 Dec. 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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