any-and-all bid(redirected from Any-or-All Bids)
Also found in: Dictionary, Thesaurus.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.