tender offer

tender offer

noun
a public offer to purchase stock of a corporation from its shareholders at a certain price within a stated time limit, often in an effort to win control of the company.

Origin:
1960–65

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
tender offer

noun
an offer to buy shares in a corporation (usually above the market price) for cash or securities or both 
WordNet® 3.0, © 2006 by Princeton University.
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