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

Dan Primack Feb 27, 2025 - Business Stripe is a mirror for VC hopes and fears Stripe this morning announced a new employee tender offer that values the payments giant at $91.5 billion. —Lucinda Shen, Axios, 27 Mar. 2025

More than half the proceeds go to a tender offer for long-time shareholders, house-cleaning that venture lawyers typically advise before a company flips its registration. —Zennon Kapron, Forbes.com, 28 May 2025

Rippling has also secured new investment: The document containing the criminal investigation claims is tied to a new fund-raising round and tender offer for existing shares, which values the company at $16.8 billion. —Grady McGregor, New York Times, 21 May 2025

Last year, OpenAI held an employee tender offer, allowing staffers to sell some of their equity to the company. —Hayden Field, CNBC, 23 May 2025

Word History

First Known Use

1967, in the meaning defined above

Rhymes for tender offer

• counteroffer
• coffer
• proffer
• scoffer

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