Unconditional Bid

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Unconditional Bid

In a takeover of a publicly-traded company, an offer to pay a stated price per share, regardless of how many shares the acquirer purchases. An unconditional bid is most common after the acquirer already has a majority stake in the target company.

References in periodicals archive ?

He said: "We have made it crystal clear that to announce a preferred bidder we need definitive, unconditional bids on the table.

MILLER PUTS GERS BID INTO GEAR; ANOTHER IBROX EXCLUSIVE MILLER IN GEAR Yank makes his move as new Kennedy bid gets short shrift while Ng looks set to pull plug MILLER IN GEAR

Bob Braddock,centre co-ordinator, said:``We have received six offers and split them into conditional and unconditional bids.

There are two unconditional bids at pounds 3m which we are looking at now You know when you sell a house that you can never be sure of a final date but it should be soon.

Pop stars say goodbye as Mersey beat is silenced; Rock heroes play out final night at city's famous venue