Tender Offer

What is a tender offer?

A tender offer is an offer from an investor, or investor group, to purchase a specified minimum of the company’s shares at a price point that is typically higher than the stock price, making the offer attractive to current shareholders. Since the offer is made to current shareholders, the purchase of a controlling interest in the company stock may be done without the company’s approval. With no required company involvement, tender offers can be hostile takeovers. Shareholders of the acquired entity may realize a significant return on the transaction and the acquiring company benefits can include increased revenue as well as decreased competition. For support and additional information, explore our Capital Markets Transactions solutions