Business / Taxes / Tender Offer: When a corporation or other investor offers to buy a large portion of outstanding shares of another company, called the target company, at a price higher than the market price, it is called a tender offer. The tender is usually part of a bid to take over the target company. Current stockholders, individually or as a group, can accept or reject the offer. If the tender offer is successful and the corporation accumulates 5% or more of another company, it has to report its holdings to the Securities and Exchange Commission (SEC), the target company, and the exchange or market on which the target company's shares are traded.
Offer Verb Synonyms: proffer, provide, submit, put forward or forth, advance, tender, extend, make, suggest
Offer Noun Synonyms: proffer, propose, tender, bid
Tender Adjective Synonyms: gentle, soft, delicate, light, sensitive, soothing
Tender Verb Synonyms: chewable, edible, eatable, soft
Tender Noun Synonyms: sensitive, delicate, fragile, frail, infirm, unstable, shaky, weak, feeble, unwell, sickly, ailing, unsound
Business / Finance / Blitzkrieg Tender Offer: In the context of a takeover, refers to a tender offer that is priced so attractively that the tender is completed quickly. MORE
Business / Real Estate / Private Offering: An offering of securities to no more than 25 persons and sale to no more than 10 persons. MORE