HandbookDates and deadlines
When does a tender offer expire?
What it means and how to read it on a deal.
/
Tracking Alpha
What it is
The day the tender offer is scheduled to expire, as most recently extended. Holders who want the offer price tender before it.
On the site asTender deadlineTender offer expiresTender expires
How to read it
In Key dates, the Next column and the regulatory card. Offers are often extended; the date shown is the latest one filed.
Related terms
- Tender offerA deal in which the buyer offers to buy the shares directly from holders, who choose whether to tender; a merger usually follows for the shares not tendered.
- Minimum tender conditionIn a tender offer, the share of the outstanding shares that must be validly tendered, often counted together with shares the buyer already owns, before the buyer has to buy any.
