// definition
ROFO
Right of first offer
freshreviewed 0 days ago
Short definition
A contractual right to submit the first offer in a sale process, under the agreed conditions and timetable. It allows the holder to bid at an early stage of that process; it guarantees neither a completed sale nor an automatic right to match every later offer. The agreement’s clauses determine its scope.
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Primary sources
- Humana, Form 8-K, 13 October 2026Item 7.01: CenterWell’s right to submit the first offer in a sale process for remaining clinics after the end of 2033. The full contractual clauses are not attached.