Self-Tender Defense Explained: Strategy, Function, and Case Study

Discover how a self-tender defense protects against hostile takeovers, learn the strategy's workings, and explore a famous example involving Unocal and Mesa Petroleum.
Seeking Alpha

Keros Therapeutics Commences Issuer Tender Offer to Repurchase up to $194.4 Million Shares

LEXINGTON, Mass., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Keros Therapeutics, Inc. (KROS), a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapeutics to treat a ...
KEYT

Is your company considering a tender offer? Here's what you should know.

Is your company considering a tender offer? Here’s what you should know. Private companies often operate under the assumption employees will wait years—sometimes up to a decade—for an initial public ...
Seeking Alpha

Celanese Announces Cash Tender Offers for up to $1,000,000,000 Aggregate Principal Amount of 6.665% Senior Notes due 2027 and 6.850% Senior Notes due 2028

DALLAS, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Celanese Corporation (CE) (“Celanese”), a global chemical and specialty materials company, today announced that its direct wholly-owned subsidiary Celanese US ...
Morningstar

Pitney Bowes Inc. Commences Cash Tender Offers for Two Series of Notes

Pitney Bowes Inc. (NYSE:PBI) (“Pitney Bowes” or the “Company”) today announced the commencement of tender offers to purchase (each offer a “Tender Offer” and collectively, the “Tender Offers”), ...
Business Insider

Mount Logan Capital Inc. Commences Self Tender Offer to Purchase up to an Aggregate $15 Million of its Common Stock

NEW YORK, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) today announced that it is commencing a tender offer to purchase for cash up to $15 ...
Business Insider

NCL Corporation Ltd. Announces Expiration, Pricing Terms and Results of its Debt Tender Offer

MIAMI, Sept. 12, 2025 (GLOBE NEWSWIRE) -- NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (“NCLH”), today announced the expiration and results of its ...
Morningstar

Global Atlantic (Fin) Company Announces Any And All Cash Tender Offer For Subordinated Debentures Due 2051

Assuming the Tender Offer is not extended, Global Atlantic expects the Settlement Date to be the third business day after the Expiration Time, which is expected to be November 26, 2025, for all ...
Nasdaq

Bread Financial Holdings, Inc. Announces Tender Offers for Up to $150 Million in Senior and Subordinated Notes

Bread Financial Holdings, Inc. has announced cash tender offers to purchase up to $150 million in its 9.750% Senior Notes due March 2029 and 8.375% Fixed-Rate Reset Subordinated Notes due June 2035, ...
Nasdaq

Morgan Stanley China A Share Fund, Inc. Announces 2026 Tender Offer and Change to Performance-Related Conditional Tender Offer Policy

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) announced today that its Board of Directors (the “Board”) has taken the actions described below. If more ...
Business Wire

AECOM announces cash tender offer for any and all 5.125% Senior Notes due 2027

DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM) today announced that it has commenced a cash tender offer (the “Tender Offer”) for any and all of its $997,293,000 principal amount outstanding 5.125% Senior ...