Recent Examples of tender offer from the Web
Upon completion of the tender offer and the stock sales, Altaba expects to own a roughly 11% stake in Alibaba.
That is more than the $48 billion valuation SoftBank Group and a consortium of investors placed on the company in a tender offer earlier this year.
Ryan Pace has drawn criticism for not using the second-round contract tender offer for Cameron Meredith, which would’ve landed the Bears a second-round draft pick if another team had signed the wide receiver.
Young, Isaac Asiata, a 2017 fifth-round pick, and center Jake Brendel, who a restricted free agent who received a tender offer, serve as the primary backups on the offensive line.
Snead received a low tender offer from the Saints at the start of free agency.
On Friday, Qualcomm extended its NXP tender offer to April 20.
Alexion and Wilson said Wednesday that investors owning 73 percent of Wilson’s shares have expressed support for the takeover, which is being structured as a tender offer.
After Elliott disclosed its stakes, KKR twice increased the price of a tender offer for the company and finally succeeded in acquiring it in December.
These 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.
Financial Definition of TENDER OFFER
What It Is
How It Works
The prospective acquirer typically offers a higher price per share than the corporation's stock price. This provides shareholders with a greater incentive to unload their shares. For example, if a stock's current price is $10/share, someone wishing to take over the company might issue a tender offer for $12/share on the condition that he can acquire at least 51% of the shares.
TENDER OFFER Defined for English Language Learners
Definition of tender offer for English Language Learners
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
legal Definition of tender offer
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