any-and-all bid(redirected from Any or All Bids)
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A bid to buy all stock in a company available for sale at the specified price. Any-and-all bids are useful for acquiring companies during hostile takeovers. Rather than working through the board of directors, an acquirer can simply place an any-and-all bid for stock at, say, 10% over its current market price, and buy from any stockholder willing to sell.
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.