any-and-all bid

Any-and-All Bid

A bid made to purchase all stock being offered at a specific price.

Notes:

Any and all bids are commonly used by companies attempting takeovers. The acquiring company will place an order to buy any stock being offered for a set duration or up to a set quantity.

For example, if company A wanted to acquire 50% of company B's stock, they may place an any and all bid for $10. This would result in company A buying any shares being offered on public exchanges for $10 or less.

See also: Bid, Sandbag, Takeover, Target Firm

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any-and-all bid

An offer to purchase all shares offered at a specified price until a predetermined date. A firm may make an any-and-all bid for the shares of a company it intends to acquire. Compare two-tier tender offer.