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LSDefine

Simple English definitions for legal terms

cash tender offer

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A quick definition of cash tender offer:

A cash tender offer is when someone wants to buy a company and offers to pay a lot of money to the people who own shares in that company. They make this offer publicly and ask the shareholders to sell their shares at a fixed price, which is usually higher than the current market price. This is a way for the buyer to take control of the company. It's called a "tender offer" because the buyer is asking the shareholders to tender their shares for sale. Most of the time, the buyer offers to pay cash for the shares, instead of offering other company shares in exchange.

A more thorough explanation:

A cash tender offer is a type of takeover bid where a company offers to buy a minimum number of shares directly from the shareholders at a fixed price, usually at a premium over the market price. The purpose of this offer is to gain control of the corporation.

Company A wants to acquire Company B. Company A offers to buy 51% of Company B's shares at $50 per share, which is higher than the current market price of $40 per share. This is a cash tender offer because Company A is offering to pay cash for the shares instead of offering other corporate shares in exchange.

This offer is attractive to Company B's shareholders because they can sell their shares at a higher price than the current market value. If enough shareholders accept the offer, Company A will gain control of Company B.

Another example of a cash tender offer is when a company wants to take over a competitor. The company may offer a premium price for the competitor's shares to gain control of the market.

cash sale | cash-transaction report

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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