tender offer
tender offer
Definition
tender offer
tender offer Finance Definition
An
offer to purchase shares in a company with the objective of taking over the
company. A tender offer is made whether the deal is friendly or hostile. The
tender offer outlines the purchase price for the shares and states whether cash
or shares of the acquiring company are being offered. A tender offer also
includes other relevant details.
tender offer
Law Definition
n
A corporate law offer to buy
all shares of a corporations stock up to a certain number by shareholders at a
fixed price (usually higher than market value) within a certain period of time.
Tender offers are usually precursors to corporate takeover moves. The Williams
Act of 1968 was passed by Congress to regulate tender offers so that
shareholders can make an informed decision about whether or not to tender their
shares for sale.
Browse dictionary entries near tender offer
- tender
- tendentiousness
- tendentiously
- tendentious
- tendency
- tendencious
- tendencies
- tendance
- tend
- tenches
- tenderer
- tenderfeet
- tenderfoot
- tenderfoots
- tenderhearted
- tenderheartedly
- tenderheartedness
- tenderization
- tenderize
- tenderized
