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Short tender |
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Short tenderPractice prohibited by SEC that involves the use of SEC SEC to respond to a SEC offer.Short tender Similar MatchesTender offerTender offerWhen 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. TenderTenderTo offer a product for sale at a specified price, usually in response to a specific request from a potential purchaser. Government procurement, for example, that is not open to international tendering is a form of nontariff barrier. Self tender offerSelf tender offerA company that tenders for its own shares. Blitzkrieg tender offerBlitzkrieg tender offerIn the context of a takeover, refers to a tender offer that is priced so attractively that the tender is completed quickly. Noncompetitive tenderNoncompetitive tenderOffer by an investor to purchase Treasury securities at a price equivalent to the weighted average discount rate or yield of accepted competitive bids in a Treasury auction. Noncompetitive tenders are always accepted in full. Further SuggestionsSelf TenderFixed price tender offer Tender Hedged tender Creeping tender offer Tender offer premium |
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