tender offer

A tender offer is a proposal made by an individual or company to buy shares from existing shareholders of a publicly traded company at a specified price, usually above the current market value. The goal is often to acquire enough shares to gain control of the company or influence its direction. Shareholders can choose to sell their shares directly to the offeror during the specified period. Tender offers are regulated to ensure fairness and transparency, allowing all shareholders to decide whether to accept or decline the offer within the given timeframe.