ShmoopTube

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finance a la shmoop what is a tender offer isn't that how all offers should

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be made you know tenderly like like Elvis and he was the king yeah you know [Man discussing tender offers]

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Love Me Tender love me shmoop this last album anyway tendering is just a fancy [Elvis dancing on stage]

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semi British II word for asking and it applies most often to governments and

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large corporate entities seeking bids and you know for stuff like as part of

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its huge commitment to providing true diversity in communities the US [Man wearing giant foam diversity finger]

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government is going to build a chain of establishments called

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stocks and bonds yeah these stocks and these bonds so there will be bondage [Wooden stocks and furry bonds appear]

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parlors in each of the 50 capital cities in America with opposite stylings of a

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whip it tenders for offers from contractors who submit bids to build the

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building shells the noise reducers the you know leather storage areas the first

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aid facilities yeah and it happens and so on why is this hole tender process [Man bent over a table and doctor walks away]

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needed like why can't the government just hire their buddies to go out and

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build it well if they had no guidelines or um discipline him then the room for

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corruption in all kinds of misappropriation and it would be too big [Uncle sam stood beside woman on construction site]

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and arrests would be made and cuffs would come out and file not the fun kind

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so there's a process the government tenderly asks for bids and then people

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you know submit well the same applies to corporate America things like takeover [Men shaking hands]

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bids like good I don't know Google's paying all cash to buy Netflix they make

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a tender offer at 300 bucks a share to buy all the shares out there why is it

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tender well because Google is gently asking and hoping and praying that [Google hugging Netflix stock]

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Netflix shareholders will in fact sell them their shares for 300 bucks apiece

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once Google has enough share as well they effectively own the company

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remember the common shares both the board and they can do with it what they

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want hopefully those Netflix errs will you know behave these guys really just [Man smashing TV]

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need to Netflix and chill

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