Tender
To offer for delivery against futures. |
Similar financial terms
Tender offerUsually means that one firm or person is making an offer directly to the shareholders in another firm to sell (tender) their shares at specified prices. Less otherwise stated in a company’s memorandum, obtaining 50% or more of the shares of the target firms is equivalent to having received shareholder approval. Tender offers can be friendly or hostile.
Tender offer premium
The premium offered above the current market price in a tender offer.
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.
