HomeDefinitionsCompareDebt Fixed price tender offerThe financial definition for 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. Similar MatchesBlitzkrieg 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. Creeping tender offerCreeping tender offerThe process by which a group attempting to circumvent certain provisions of the Williams Act gradually acquires shares of a target company in the open market. Hedged tenderHedged tenderAn investor sells a portion of a stock holding short a tender offer in the event all shares tendered are not accepted. For example, investor Q has 5000 shares of XYZ. An acquiring company makes a tender offer of $100 a share when the shares are currently worth $80. Investor Q short-sells 2500 shares after the announcement and the price of the stock has approached $100. Company XYZ purchases only 2500 of the original shares at $100. Investor Q has sold all shares at $100 even as the price of the stock drops on a post-news dip. Further SuggestionsNoncompetitive tenderSelf Tender Self tender offer Short tender Tender Tender offer premium Click to compare definitions of Fixed price tender offer Click to view definitions beginning fi |