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 Wall Street Journal Financial software company Stripe will let its employees cash out more of their stock shares, marking its third worker tender offer, as the business continues to hold off an initial public offering. Sasha Rogelberg, Fortune, 18 June 2024 Novartis said it’s met all tender offer conditions to acquire German biotech Morphosys. Elaine Chen, STAT, 16 May 2024 After Kakao’s successful tender offer upped its stake to 35%, HYBE relented and sold 44% of its SM Entertainment shares to Kakao later that month. Glenn Peoples, Billboard, 5 Mar. 2024 The tender offer was delayed by the drama of CEO Sam Altman’s ouster and return late last year. David Meyer, Fortune, 19 Feb. 2024 See all Example Sentences for tender offer 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tender offer.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1967, in the meaning defined above

Time Traveler
The first known use of tender offer was in 1967

Dictionary Entries Near tender offer

Cite this Entry

“Tender offer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tender%20offer. Accessed 15 Jul. 2024.

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
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