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Glossary > S > "Stalking Horse Bid" Definition

Stalking Horse Bid

A strategy used by bankrupt companies whereby they obtain an initial bid on their assets from an interested buyer of their choosing.

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Stalking Horse Bid - A strategy used by bankrupt companies whereby they obtain an initial bid on their assets from an interested buyer of their choosing.

Stalking Horse Bid : a strategy used by bankrupt companies whereby they obtain an initial bid on their assets from an interested buyer of their choosing.