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Term of the Day - Stalking-Horse Bid


Rahul Gupta (Project Controller ACA MBA(Fin.))     11 May 2010

Rahul Gupta
Project Controller ACA MBA(Fin.) 
 1101 likes  8004 points

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What Does Stalking-Horse Bid Mean?

An initial bid on a bankrupt company's assets from an interested buyer chosen by the bankrupt company. From a pool of bidders, the bankrupt company chooses the stalking horse to make the first bid.

This method allows the distressed company to avoid low bids on its assets. Once the stalking horse has made its bid, other potential buyers may submit competing bids for the bankrupt company's assets. In essence, the stalking horse sets the bar so that other bidders can't low-ball the purchase price.

Hv a nice day......

avater

Ankur Garg (Company Secretary and Compliance Officer)     11 May 2010

Ankur Garg
Company Secretary and Compliance Officer 
 15473 likes  114609 points

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I have maintained a file to record the meaning of terms posted by you. As per my senior we can always shake other person with the knowledge of these kind of terms.


Thanks for sharing.

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Rahul Gupta (Project Controller ACA MBA(Fin.))     11 May 2010

Rahul Gupta
Project Controller ACA MBA(Fin.) 
 1101 likes  8004 points

View Profile | My Other Post

Thanks Mr Ankur. for considering. It gives me lot of confidence.

Thanks a lot.

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Ankur Garg (Company Secretary and Compliance Officer)     11 May 2010

Ankur Garg
Company Secretary and Compliance Officer 
 15473 likes  114609 points

View Profile | My Other Post

I would also suggest everyone to retain the meaning. It may be useful for future especially in interview for relatetd job.

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