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

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

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