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tender offer

noun

Definitions

  1. A type of public takeover bid in which a prospective acquirer invites all stockholders of…

    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.

    • The potential deal — where OpenAI would sell existing company shares in a so-called tender offer — could total $300 million, depending on how many employees agree to sell their stock, they said.

The neighborhood

Vish — recursive loop

No curated loop yet for tender offer. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA