Recent Examples of tender offer from the Web
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.
Qualcomm on Friday extended its tender offer to acquire NXP to April 2.
The Texans didn't submit a qualifying tender offer for defensive tackle Angelo Blackson on Wednesday.
And Miami offered three exclusive rights free agents — linebacker Mike Hull, center Jake Brendel, and defensive back Jordan Lucas — tender offers, committing one-year contracts to each of those veterans.
This year's first-round tender offers a $4.1 million salary for 2018 that would force another team to trade a first-round pick as compensation.
Last year, the team did not tender an offer to RFA linebacker Christian Jones but still re-signed him for $1.5 million, slightly below the low tender offer.
Separately on Friday Qualcomm extended the offer period of its tender offer to buy all the outstanding common shares of NXP Semiconductors NV.
The Cardinals extended tender offers to four exclusive rights free agents, the team announced on Friday.
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.
First Known Use of tender offer
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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