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

Even young startups are pursuing tender offers, as demand surges for private artificial-intelligence stocks and founders recognize that such deals are crucial to retaining talent.

From The Wall Street Journal

Paramount this week extended the deadline of its tender offer to March 2.

From MarketWatch

The company advised shareholders to not take any action now regarding Paramount’s amended tender offer.

From The Wall Street Journal

Discovery, though Paramount has made an alternative tender offer to Warner shareholders.

From The Wall Street Journal

Once the deal has been completed, the joint venture will launch a mandatory tender offer for the remaining shares in CBA not held by Votorantim, it said.

From The Wall Street Journal