Bidding War

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Bidding War

A situation in which two persons or organization are so interested in a product, asset, or potential employee that they offer successively higher prices or salaries for it. For example, two potential employers for a recent graduate may be so interested that when the first offers $50,000, the other comes back with $55,000, which leads the first to increase to $60,000, and so forth. Bidding wars usually occur very rapidly.

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References in periodicals archive ?

'This is not a bidding war. I don't think we should be engaging the government in a bidding war.

PSE will not engage government in bid war to acquire PDS

Some 23% of people who have bought, or are in the process of buying, a house have found themselves embroiled in a bidding war, with other buyers upping their offers as they compete over a property.

Survey: Bidding wars don't work

"I had an accepted offer $11,000 above the asking price right away because the buyers did not want to get into a bidding war," said Nova.

Selling East New York

"We always said we wouldn't get into a bidding war or pay inflated prices to keep it.

BBC VOICE'S OFF; ITV 'poaches' hit after bidding war snub

We are in dis-W cussions about its future, but we won't get into a bidding war."

Final bid FORTHEVOICE

One senior source revealed: "We'd really like to hang on to the Voice, it's a brilliant show and viewers love it, but we won't get into a bidding war with ITV."

Singled out; [euro]73m music show axed in war on channel's costs; And ITV could snatch it within days on 3-year deal; EXCLUSIVE

A senior BBC source said: "We'd like to hang on to the Voice - it's a brilliant show and viewers love it - but we won't get into a bidding war with ITV."

BBC AXE THE VOICE IN PS55M FUNDING ROW; CHANNEL HOP TALENT SHOW SWITCH ITV look set to snap up hit programme

"Interested parties remained determined to acquire the site as a bidding war broke out before the gavel finally came down at PS122,000."

PS122k for piece of RAF heritage; AUCTION

This move ends a bidding war involving ISSI, Uphill and US chipmaker Cypress Semiconductor Corp,

The Bidding War Ends: ISSI Stockholders Approve Acquisition by Uphill

Investors expect that Tyson's offer will start a bidding war.

Deals, jobless data push stocks up

OCTOBER 31 -- Rockstar Bidco, the coalition of tech companies that won Nortel's patent portfolio in a 2009 bidding war, launches the next salvo in the ongoing smartphone patent wars, filing patent infringement suits against Google and seven makers of Android smartphones.

October 31 -- Rockstar Bidco, the coalition of tech companies that won Nortel's patent portfolio in a 2009 bidding war, launches the next salvo in the ongoing smartphone patent wars, filing patent infringement suits against Google and seven makers of Android smartphones

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