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

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

Meanwhile, Netflix’s rival suitor Paramount continues to push its roughly $77.9 billion tender offer for all of Warner Discovery, including the cable networks.

From The Wall Street Journal

The tender offer was set to expire last week, but Paramount extended the window after failing to solicit sufficient interest among Warner shareholders.

From Los Angeles Times

Paramount has made a tender offer to Warner shareholders and last week extended its deadline to Feb. 20.

From The Wall Street Journal