Definition
A Tender Offer is a public proposal by an individual or entity to purchase a substantial percentage of a company`s shares directly from the shareholders, at a specified price and within a certain timeframe, often aiming for control or significant influence.
Frequently asked questions
What is a tender offer?
A tender offer is when a buyer wants to buy a big share of a company directly from shareholders.
What is a tender offer on Quizlet?
A tender offer on Quizlet is a public proposal by an individual or entity to buy a substantial percentage of a company`s shares directly from shareholders, usually at a premium.
Why is it called a tender offer?
It is called a tender offer because shareholders can "tender" or sell their shares for a set price in a given time.