Firm Offer


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Firm Offer

An offer to buy a security, company, property or anything else in which the price is not subject to negotiation. For example, one may make a firm offer to purchase a $400,000 house for $500,000 provided the seller makes all requested repairs. In this situation, the seller may either accept or decline the offer, but he/she cannot change it.
References in periodicals archive ?
For example, five consecutive 24-hour periods from your Conditional Firm offer becoming Unconditional to secure an alternative place.
You have a window of five days, for example five consecutive 24 hour periods from your Conditional Firm offer becoming Unconditional to secure an alternative place.
The firm offer accelerates the expected closing of the transaction and the transfer of shares to on or around 31 December 2015, from June 2016.
A firm offer is not certain to emerge, despite the agreement in principle signed by the companies last October, Harvard added.
Under the UK's takeover rules, the bidder has until 13 August to make up its mind whether to make a firm offer, or walk away, the target company has said.
16 January 2012 - The board of British carpets maker and seller Victoria plc (LON:VCP) said on Monday that the sale process announced on Friday will continue with the deadline for firm offers by the end of February, despite opposition from shareholder Alexander Anton.
3 April 2013 - The Irish Takeover Panel said today it had imposed a deadline until 10 May for US investor RP Management LLC, or Royalty Pharma, to announce whether it would submit a firm offer for Irish biotechnology company Elan Corporation plc (NYSE:ELN).
UGL Limited has until 6 December 2011 to make a firm offer for DTZ under the British takeover regulation, the target company said in a statement without disclosing financial details.
Since the current talks over the new approach are not sure to result into a firm offer, Regal Petroleum's board continues to recommend shareholders to accept the GBP77m bid from Energees which will stay open until 24 January, the UK company said in a press release.
This is in addition to the Broker Firm Offer, which resulted in $11.
The Medibank Private Share Offer has reached another milestone with the successful completion of the Broker Firm Offer, which saw the submission of $11.