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Tender Offer (Noun)

Meaning

An offer to buy shares in a corporation (usually above the market price) for cash or securities or both.

Classification

Nouns denoting communicative processes and contents.

Examples

  • The company's board of directors decided to accept the tender offer presented by the potential acquirer after a unanimous vote.
  • Tender offers often create controversy among existing shareholders who are uncertain about the fate of the company.
  • To successfully implement a hostile takeover, the corporation made a tender offer to buy controlling shares of the target company.
  • The majority shareholders opposed the hostile tender offer, citing concerns about the possible negative impact on the corporation's employees.
  • The bidders launched a tender offer aimed at acquiring up to 60% of the outstanding common shares of their rival firm.

Hypernyms

  • Offering
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