competing bid
Frequency: 6.58.1 per million words
Refers to a rival offer, especially in business takeovers or auctions.
Categories:
Examples (10)
- The board is currently evaluating a competing bid from another firm.
- A last-minute competing bid was submitted just before the deadline.
- If a competing bid emerges, the deal could become more complex.
- The emergence of a competing bid has driven up the company's stock price.
- Do we have enough capital to counter their competing bid?
- The company officially rejected the unsolicited competing bid, stating it undervalued their assets.
- Shareholders were notified that a competing bid had been received.
- The investment group is preparing to launch a competing bid to acquire the tech startup.
- We anticipate several competing bids for such a valuable asset.
- The initial offer was withdrawn after a higher competing bid was presented.