SINCE 1828
tender offer
nounDefinition of tender offer
: 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
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The tender offer was expected to be worth up to $35 million. — Greg Bensinger, WSJ, "DoorDash More Than Doubles Valuation to $4 Billion," 16 Aug. 2018 Fresh off a tender offer with SoftBank, Uber is offering its employees and investors another opportunity to liquidate their shares. — Johana Bhuiyan, Recode, "Uber turned a profit thanks to its deals in Southeast Asia and Russia," 23 May 2018 Photo: Michael Probst/Associated Press On Monday, Deutsche launched a tender offer to buy back up to €1 billion ($1.14 billion) of its traditional non-preferred bonds. — Paul J. Davies, WSJ, "How Deutsche Bank is Dealing With its Big Weakness," 21 Nov. 2018 The legislation would make stock buybacks more transparent by requiring they be conducted through tender offers, which are subject to more disclosure. — Emily Stewart, Vox, "Stock buybacks, explained," 2 Aug. 2018 At those prices, Altaba said the tender offer would be valued at $83.35 a share, or a 23.7% discount. — Colin Kellaher, WSJ, "Altaba Looks to Buy Back 24% of Shares in Exchange for Alibaba Stock," 7 June 2018 The Bears are unlikely to tender offers to tight end Daniel Brown or inside linebacker John Timu. — Brad Biggs, chicagotribune.com, "Deadline for Bears to make decision on restricted free agents approaching quickly," 12 Mar. 2018 The Lions did not tender offers to exclusive rights free agents Kasey Redfern or Rodney Coe, who's coming off sports hernia surgery. — Dave Birkett, Detroit Free Press, "Detroit Lions tender offers to QB Jake Rudock, WR TJ Jones," 14 Mar. 2018 The second-round tender offers a $2.9 million salary for 2018 and would cost another team a second-round pick. — Josh Katzenstein, NOLA.com, "Saints offer restricted free agent Willie Snead low tender: report," 13 Mar. 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'tender offer.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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