tender offer

American  

noun

1. a public offer to purchase stock of a corporation from its shareholders at a certain price within a stated time limit, often in an effort to win control of the company.

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Etymology

Origin of tender offer

First recorded in 1960–65

Example Sentences

The U.S. dollar-denominated bonds issued by India's Adani Ports and Special Economic Zone rose on Monday, after the company commenced a cash tender offer for a buyback of securities.

From Reuters

There "is no certainty as to when the possible tender offer would take place, or whether it would take place at all," it added.

From BBC

Rovio announced the start of a strategic review and preliminary non-binding discussions regarding a potential tender offer for its shares in February, a statement from the group said.

From Reuters

Santander last month valued its Mexican business at around 8.1 billion euros with the launch of a voluntary tender offer to acquire shares it does not own, a step towards its de-listing.

From Reuters

The rest will be used for a tender offer for employees’ shares.

From New York Times