tender offer
( plural )
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A type of public takeover bid in which a prospective acquirer invites all stockholders of a publicly traded corporation to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and maximum number of shares.
tender offer
The board debated whether to recommend acceptance of the tender offer, which invited shareholders to tender their shares at a specified price during a limited period and was contingent on a minimum and maximum number of shares being offered.
The board debated whether to recommend acceptance of the tender offer, which invited shareholders to tender their shares at a specified price during a limited period and was contingent on a minimum and maximum number of shares being offered.
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