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

Buzzy artificial intelligence company Scale AI is wrapping up a tender offer that allows early employees and investors in the nine-year-old private company to sell shares to new or returning investors. —Kerry A. Dolan, Forbes.com, 17 Apr. 2025

Bloomberg reported on Monday that SpaceX is considering a tender offer that would value the rocket company at $350 billion, up from $210 billion earlier this year. —Ari Levy, CNBC, 3 Dec. 2024

The company was valued at $12.5 billion in a 2024 tender offer. —Jordan Novet, CNBC, 15 Apr. 2025

Bad blood has been brewing between the two companies since Rippling banned former employees who now work at competitors, including Deel and Workday, from its tender offer stock sale in June. —Maria Gracia Santillana Linares, Forbes, 18 Mar. 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