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Definition 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
Examples of tender offer in a Sentence
Recent Examples on the Web The court also often enforces claims involving tender offers, like the one at the center of Mr. Neumann’s case.
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New York Times, "The Fed will start with bond E.T.F.s.," 12 May 2020 In addition to Green, the Bengals extended tender offers to tight end Cethan Carter, guard Alex Redmond, defensive tackle Josh Tupou and safety Brandon Wilson.
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Tyler Dragon, Cincinnati.com, "Cincinnati Bengals extend tender offers to Brandon Wilson, Josh Tupou and others," 16 Mar. 2020 Wide receiver Kendrick Bourne has reportedly signed his tender offer with the 49ers.
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Chronicle Staff, SFChronicle.com, "49ers’ WR Kendrick Bourne signs tender deal, will return next season," 6 Apr. 2020 Running back Kenyan Drake, meanwhile, agreed to sign his one-year transition tag and Arizona also took measures to bring back right tackle Justin Murray and kicker Zane Gonzalez by offering them one-year tender offers.
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Bob Mcmanaman, azcentral, "Cardinals have now re-secured 10 of their own free agents with Garcia, Washington deals," 24 Mar. 2020 Running back Kenyan Drake has apparently taken himself off the NFL free-agent market and agreed to sign his one-year tender offer from the Cardinals.
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Bob Mcmanaman, azcentral, "Running back Kenyan Drake signs tender offer, returns to Cardinals for $8.4 million in 2020," 21 Mar. 2020 After nearly a year of advances, on March 2nd Xerox made a formal tender offer for HP, a much bigger rival computer-and-printer-maker.
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The Economist, "Tech takeovers Xerox launches a takeover bid for HP," 5 Mar. 2020 The new investment opens a tender offer for up to $350 million of common and preferred shares in the company.
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Patrick Shanley, The Hollywood Reporter, "Roblox Raises $150 Million in New Funding Round," 26 Feb. 2020 Hunt can become a restricted free agent in March, but Andrew Berry said Tuesday that the Browns anticipate giving him a tender offer to keep him with the team.
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Scott Patsko, cleveland, "Running backs and the Browns at NFL Combine 2020: What you need to know," 26 Feb. 2020
See MoreThese 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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Time Traveler for tender offer
The first known use of tender offer was in 1967
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