Unsolicited Bid

Unsolicited Bid
An offer made by an individual, company or group of investors to purchase a company that was not actively seeking a buyer. The bid is a result of the unsolicited bid submitter's initiative and not due to any request made by the bid-upon company. Unsolicited bids may also sometimes be referred to as hostile bids if the company being bid for doesn't want to be acquired.

An unsolicited bid to purchase a company that was not intending to sell may be followed by other unsolicited bids as the news travels. These other bids may up the purchase price and start a bidding war or takeover fight. Unsolicited bidding can occur when a company wants to purchase another company in order to control its market share, profit from its expected growth, have access to proprietary technology or limit competitors from taking advantage of these situations.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Bid price — A bid price is the highest price that a buyer (i.e., bidder) is willing to pay for a good. It is usually referred to simply as the bid. In bid and ask, the bid price stands in contrast to the ask price or offer , and the difference between the… …   Wikipedia

  • unsolicited — un‧sol‧i‧cit‧ed [ˌʌnsəˈlɪstd◂] adjective an unsolicited offer, request etc is made without being asked for by anyone: • Hilton, which owns, manages or franchises 240 hotels and 16 casinos, made an unsolicited offer Monday for a rival chain. •… …   Financial and business terms

  • Takeover Bid —    The initial offer by a predator company for another. The bid can be in cash, shares or a combination. Bids usually have a closing date for acceptance. The bid can be hostile (without the acceptance or cooperation of the target company), or… …   Financial and business terms

  • Business Overview — ▪ 2009 Introduction Automobiles.       The American automotive industry began 2008 in precarious condition, and as the year unfolded, the situation went from bad to worse. First, gasoline prices of $3.50 to $4 per gallon throughout much of the… …   Universalium

  • Barrick Gold — Infobox Company company name = Barrick Gold company company type = Public (tsx|ABX) (nyse|ABX) genre = foundation = 1983 founder = Peter Munk location city = Toronto location country = flagicon|CAN Canada key people = Peter Munk, Founder Chairman …   Wikipedia

  • Dates of 2008 — ▪ 2009 January As we meet tonight, our economy is undergoing a period of uncertainty.… At kitchen tables across our country, there is a concern about our economic future. U.S. Pres. George W. Bush, in his final state of the union address, January …   Universalium

  • London Stock Exchange — Infobox Exchange name = London Stock Exchange nativename = type = Stock Exchange city = London country = United Kingdom coor = coord|51|30|54|N|0|05|56.5|W|region:GB LND type:landmark foundation = 1801 owner = London Stock Exchange Group key… …   Wikipedia

  • Willamette Industries, Inc. — Infobox Defunct Company company name = Willamette Industries, Inc. company fate = Hostile buyout by Weyerhaeuser foundation = 1906 defunct = June 14, 2002 [ [http://www.wipo.int/amc/en/domains/decisions/html/2005/d2005 0522.html WIPO Domain Name… …   Wikipedia

  • Swiss challenge — A Swiss challenge is a form of public procurement in some (usually lesser developed) jurisdictions which requires a public authority (usually an agency of government) which has received an unsolicited bid for a public project (such as a port,… …   Wikipedia

  • MOL Magyar Olaj- és Gázipari Nyrt. — Infobox Company name = MOL Hungarian Oil and Gas Public Limited Company company type = Public Limited Company foundation = 1991 location = flagicon|Hungary Budapest, Hungary key people = Zsolt Hernádi, CEO György Mosonyi, GCEO industry = Oil and… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”