partial tender offer
Partial Tender Offer
An offer to buy some of the stock in a publicly-traded company for a price well above fair market value. The company making the tender offer specifies the maximum number of shares it will buy. As with other tender offers, it is not intended to stop trade on its stock. It may be part of a hostile takeover or, if a company is buying back its own stock, an attempt to keep a hostile takeover from happening. See also: Self-Tender Offer.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
partial tender offer
An offer to purchase less than all the shares of a company by specifying a maximum number of shares that will be accepted.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.