From Longman Business Dictionarytender offerˈtender ˌofferFINANCE1an occasion when an investor offers to buy a particular quantity of existing shares or bonds at a particular price. The sale occurs only if all the existing owners agree to sell at this price2a type of new share offer, when investors say how many shares they are willing to buy and at what price. Only investors who make offers at or above the STRIKING PRICE (=the actual price fixed after offers have been received) obtain shares3in the US, an offer to shareholders of a company to buy a particular number of shares from them at a particular price, which can be done as a way of gaining control of the companyThe company has been the object of a hostile tender offer. → offer
