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Fixed-price tender offer

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Fixed-price tender offer
A one-time offer to purchase a stated number of shares at a stated fixed price, usually at a premium over the current market price.
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Nasdaq: BLKB), the leading provider of software and related services designed specifically for nonprofit organizations, announced today that its Board of Directors has authorized a self tender offer to purchase up to 2,620,690 common shares, or approximately 6% of its outstanding common shares as of May 31, 2005, through a fixed-price tender offer at a price of $14.
Blackbaud, Inc. Announces Self Tender Offer for Up To 2,620,690 ... by Business Wire
Nasdaq: DTAS) announced today that its Board of Directors has authorized a self-tender offer to purchase up to 6,426,735 common shares, or approximately 10% of its outstanding common shares as of January 31, 2003, through a fixed-price tender offer.
Digitas Announces Self Tender Offer; Digitas Approves the Repurchase ... by Business Wire
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