tender offer

American

noun

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.

Etymology

Origin of tender offer

First recorded in 1960–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The Ellison-controlled Paramount disclosed Thursday in a regulatory filing that it was extending the deadline of its tender offer for Warner Bros.

From Los Angeles Times

Paramount’s own all-cash tender offer, for all of Warner Discovery at $30 a share, is set to expire at 5 p.m.

From Barron's

"We are committed to seeing our tender offer through," Ellison said in the letter to WBD shareholders.

From Barron's

The spinoff is expected to be completed this summer, but the value of the channels is in doubt, giving Paramount ammunition to claim that its $30-a-share tender offer for the entire company was more lucrative.

From Los Angeles Times

It has also been advising Paramount Skydance on its hostile tender offer for Warner.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023