tender offer


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 tender offer was expected to be worth up to $35 million. Greg Bensinger, WSJ, "DoorDash More Than Doubles Valuation to $4 Billion," 16 Aug. 2018 Fresh off a tender offer with SoftBank, Uber is offering its employees and investors another opportunity to liquidate their shares. Johana Bhuiyan, Recode, "Uber turned a profit thanks to its deals in Southeast Asia and Russia," 23 May 2018 Photo: Michael Probst/Associated Press On Monday, Deutsche launched a tender offer to buy back up to €1 billion ($1.14 billion) of its traditional non-preferred bonds. Paul J. Davies, WSJ, "How Deutsche Bank is Dealing With its Big Weakness," 21 Nov. 2018 The legislation would make stock buybacks more transparent by requiring they be conducted through tender offers, which are subject to more disclosure. Emily Stewart, Vox, "Stock buybacks, explained," 2 Aug. 2018 At those prices, Altaba said the tender offer would be valued at $83.35 a share, or a 23.7% discount. Colin Kellaher, WSJ, "Altaba Looks to Buy Back 24% of Shares in Exchange for Alibaba Stock," 7 June 2018 The Bears are unlikely to tender offers to tight end Daniel Brown or inside linebacker John Timu. Brad Biggs, chicagotribune.com, "Deadline for Bears to make decision on restricted free agents approaching quickly," 12 Mar. 2018 The Lions did not tender offers to exclusive rights free agents Kasey Redfern or Rodney Coe, who's coming off sports hernia surgery. Dave Birkett, Detroit Free Press, "Detroit Lions tender offers to QB Jake Rudock, WR TJ Jones," 14 Mar. 2018 The second-round tender offers a $2.9 million salary for 2018 and would cost another team a second-round pick. Josh Katzenstein, NOLA.com, "Saints offer restricted free agent Willie Snead low tender: report," 13 Mar. 2018

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.

See More

First Known Use of tender offer

1967, in the meaning defined above

Keep scrolling for more

Learn More about tender offer

Statistics for tender offer

Last Updated

18 Apr 2019

Look-up Popularity

Time Traveler for tender offer

The first known use of tender offer was in 1967

See more words from the same year

Keep scrolling for more

More Definitions for tender offer

tender offer


Financial Definition of tender offer

What It Is

A tender offer is a proposal by an investor to all current shareholders of a publicly traded corporation to tender their shares for sale at a certain price at a certain time.

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.

Why It Matters

Tender offers can be executed without the consent of the company's board of directors. The potential acquirer can work directly with shareholders to takeover the company. Sometimes this is referred to as a "hostile takeover."

Source: Investing Answers

tender offer


English Language Learners Definition of tender offer

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

tender offer


Legal Definition of tender offer

: 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

More from Merriam-Webster on tender offer

Rhyming Dictionary: Words that rhyme with tender offer

Comments on tender offer

What made you want to look up tender offer? Please tell us where you read or heard it (including the quote, if possible).


not to be persuaded, moved, or stopped

Get Word of the Day daily email!

Test Your Vocabulary

Words from Greek and Latin Quiz

  • roman forum
  • Which of the following months comes from a Latin word for “ten”?
True or False

Test your knowledge - and maybe learn something along the way.


Test Your Knowledge - and learn some interesting things along the way.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!