Stalking-horse Bid

What is Stalking-horse Bid?

An initial offer on a bankrupt company's assets by a potential buyer choosen by the fallen company.

Pete: I heard Cogswell Cog's is going bankrupt.

John: Yes, I heard Spacely Sprockets put a bid in to buy them.

Pete: Yeah I heard that too... but the way I heard it, Spacey just put in a stalking-horse bid and may not want Cogswell at all.

See liquidation, bankruptcy

Illinician

1. -noun Ill⋅in⋅ician (Ill-in-ish-uhn) 1. one who holds a public office and cannot hide lies as well as others 2. a person skilled cover..

Faggling

1. 1. A faggling would be a fag in the making. Generally under the age of eleven and male. 2. Someone who is sexually suggestive... All th..

Judge Joe Brown

1. verb-to be told offor schooledby an older man, who is probably right for getting on your ass. If it's an older woman, use the verb..

All you need for a faster workflow in one place.

Stalking-horse Bid Edit Meaning