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Self-Tender Offer
(redirected from Self Tender Offer)

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Self-tender offer
A company that tenders for its own shares.

Self-Tender Offer
A firm's offer to buy back its own stock for a price well above fair market value. A self-tender offer usually excludes a targeted number of shareholders; it is not intended to stop trade on its stock. Rather it is an attempt to prevent a real or suspected hostile takeover. If a firm becomes its own majority or plurality shareholder, it either makes a hostile takeover impossible or much more expensive for the company attempting to buy it out. See also: Antitakeover measure.


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Each of the self tender offers is expected to commence on or about December 4, 2006 and will remain open for a minimum of 20 business days.
The self tender offer is expected to commence on or about May 18, 2006 and will remain open for a minimum of 20 business days.
Private Placement to Fund Highly Accretive "Dutch Auction" Self Tender Offer ANKENY, Iowa -- Casey's General Stores, Inc.
 
 
 
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