Agreed Bid

Agreed Bid

A bid by a company to buy a publicly traded company with the full knowledge and consent of the target company's board of directors. That is, an agreed bid is a bid for a friendly takeover. In an agreed bid, the acquiring company generally offers a premium to the current stock price for each share.
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The project director Wendy Kelly said it is now three years since officials started to work with young people on the project - and that they had been faithful to the agreed bid.
Eurocopter, the world's largest civil helicopter maker, will launch an agreed bid worth C$13 a share valuing the Canadian company at C$625 million ($637 million) and has won commitments from shareholders owning 60 percent of the shares, EADS said.
Our first move was announced recently when we made an agreed bid for listed Australian gold producer Dominion Mining Ltd.
Marine oil storage and production vessels operator BW Offshore has made an agreed bid worth $629 million for rival Prosafe Production (Prodp), the two Norwegian firms announced, after a $500 million asset sale paved the way to the new offer.
We sold our small holding in Datacash following an agreed bid by MasterCard.
s (Whitehouse Station NJ) $41 billion agreed bid for Schering-Plough Corp.
The shares have fallen heavily since the plan for an agreed bid by Resolution fell through in late 2007 but yesterday bounced by 8p to 81.
Mr Ashley is believed to be in talks with Nike as the US company tries to persuade the entrepreneur not to block its agreed bid for England football team kit sponsor Umbro.
Barclays reports on Thursday, but has already provided a preview of its interims in documents relating to its agreed bid for Dutch rival ABN.
Genting were said to be the driving force behind Stanley's attempted takeover of London Clubs International, talks which met an abrupt end last week with the announcement that Harrah's, the US gaming group, had made an agreed bid for London Clubs.
They had hoped to make an agreed bid but are likely to pursue SRH with a lower unsolicited bid Emap's broadcasting operations include the radio stations Kiss, Kerrang and Magic and TV station The Hits.
Safeway has effectively ruled out an imminent agreed bid after it recently denied that it was in talks with another group.