Tender offer - General offer made publicly and directly to a firms shareholders to buy their stock at a price well above the current market price.
When a company decides to list its shares on the Stock Exchange, it can either offer its shares to the public at a price which it stipulates, or it can make an "offer by tender".Put simply, it invites the public to bid for the shares, and when all the tenders are in, it sells them to the highest bidders, thus raising the maximum amount of capital. Sometimes, the issue of shares will be subject to a reserve price.Offers by tender are less common than offers for sale.
Tender offer : general offer made publicly and directly to a firms shareholders to buy their stock at a price well above the current market price.
when a company decides to list its shares on the stock exchange, it can either offer its shares to the public at a price which it stipulates, or it can make an "offer by tender".put simply, it invites the public to bid for the shares, and when all the tenders are in, it sells them to the highest bidders, thus raising the maximum amount of capital. sometimes, the issue of shares will be subject to a reserve price.offers by tender are less common than offers for sale.
Tender offer