Unconditional Bid

Unconditional Bid

In a takeover of a publicly-traded company, an offer to pay a stated price per share, regardless of how many shares the acquirer purchases. An unconditional bid is most common after the acquirer already has a majority stake in the target company.
References in periodicals archive ?
Deposits and Guarantees required: The contractor participating in the present proceedings is required to make an unconditional bid bond in the Polish zloty
Offers should be accompanied by an unconditional bid bond of 5% of the total value of the tender and be vaild for 180 days from the last date of tender submission.
However, despite "intensive discussions" taking place today and into the night the takeover saga shows no signs of reaching a conclusion soon with Duff and Phelps frustrated in their attempts to get an unconditional bid on the table.
By the end of June, I had an unconditional bid from Nanjing for the whole company," he said.
Majority shareholder Penman has accepted an unconditional bid of pounds 300,000 and will officially hand over the club at the start of the week.
Australia's major gas pipeline owner APA Group is fuming over the competition regulator's decision to thwart its plans to lodge an unconditional bid for EnergyAustralia's Iona gas storage plant in Victoria, which would fetch over $1 billion.
Deposits and Guarantees required: Contractor taking part in the present proceedings is required to make an unconditional bid bond in Polish zlotys
Deposits and Guarantees required: Contractor involved in this procedure is required to make an unconditional bid bond in the Polish zloty in the amount of 30 000 PLN.
Deposits and Guarantees required: The contractor involved in this procedure is required to make an unconditional bid bond in Polish zlotys