tender offer
2
7.5
- noun
- /ˈtɛndər ˈɔfər/
- Specialized
:
oferta pública de adquisición
- During the board meeting, they discussed the possibility of making a tender offer to purchase shares from shareholders.
- a hostile tender offer
Examples
-
Mentor Graphics then commenced a tender offer at an approximately 50% premium to Quickturn's crisis-affected market price, but at more than a 20% discount to the pre-crisis price.
Academic text (2016) -
Hostile tender offers are more frequent, as are solicitations of public shareholders in proxy fights.
Academic text (1998) -
I'm announcing a tender offer at 65 tomorrow.
-
They made a tender offer we can't ignore.
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We've made a generous tender offer for the omnibank shares.
-
They would have to buy up the stock in a "tender offer," which would be doable since it's probably dirt cheap, but complicated and expensive.
Blog text (1) -
This could happen when the company releases information without notifying the exchange in advance, or when another company announces an unsolicited tender offer for the company whose stock is now subject to the trading halt.
Blog text (17) -
The international technology group SCHOTT, based in Mainz, Germany, acquired a majority interest of 70.8% in MORITEX Corporation, Tokyo, in November 2008 as a result of the tender offer bid.
Blog text (31) -
Today, the company announced a tender offer to acquire shares at a significant premium to the market price.
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The CEO revealed plans for a tender offer as a part of their strategy to increase market share.
Synonyms
232
2.7
An offer of money to buy something, often at an auction
218
1.4
Say a price you will pay to buy something
8
7.2
An official written offer to do work for a set price
4
4.2
An offer to buy enough shares in a company to gain control
Antonyms
How Aggressive
- Specialized
12
5.8
- Specialized
2
7.5
- Jargon
4
4.2
49
4.7
- Specialized
1
4.4
Surface Forms
Morphology
The words 'tender' (a formal bid) and 'offer' (a proposal) transparently indicate a formal/business proposal, so a B1 learner who knows both words would likely infer this is a business or formal offer. However, the precise financial meaning — an offer specifically to purchase corporate shares (often at a premium) — is specialised jargon not fully predictable from general vocabulary knowledge, so the expression is not fully transparent.
Etymology
The noun tender offer comes from tender meaning to 'hand in' and offer meaning a proposal. In business, a buyer asks shareholders to 'hand in' their shares for a set price often above the market, so a tender offer means a formal offer to buy shares.