tender offer
nounDefinition 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 company is doing another third-party tender offer with existing investors TPG and Altimeter and new investors Coatue in the range of $400 million to $600 million. — Johana Bhuiyan, Recode, "Uber turned a profit thanks to its deals in Southeast Asia and Russia," 23 May 2018 The Japanese company wrangled with shareholders for three months and twice extended a tender offer for Ocata before Astellas accumulated more than 50 percent of outstanding shares to gain control of the biotech. — Jonathan Saltzman, BostonGlobe.com, "Stem-cell biotech seeing strong growth," 2 July 2019 July 1, which again will see some ridiculous overpayments lavished on unrestricted free agents, technically is the same day restricted free agents also can be tendered offer sheets. — Kevin Paul Dupont, BostonGlobe.com, "Blues’ Stanley Cup blueprint: Don’t expect league to follow suit," 15 June 2019 The ship space was booked on France’s Brittany Ferries, Denmark’s DFDS and England’s Seaborne Freight Ltd., bypassing due processes such as tender offers. — Costas Paris, WSJ, "U.K. Finds a Faulty Shipping Safety Net for Brexit," 8 Jan. 2019 The tender offer was extended to correlate with the timing of remaining regulatory approval in Russia, where Coty has operations, the companies said. ... — Aisha Al-muslim, WSJ, "Investor Extends Offer to Boost Stake in CoverGirl Maker," 19 Apr. 2019 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. 2018These 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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