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tender offer

noun

Simple Definition of tender offer

  • business : an offer to buy a certain number of stock shares of a company for a set price in order to gain control of the company

Full Definition of tender offer

  1. :  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

1967

First Known Use of tender offer

1967

Rhymes with tender offer


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