Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A bid made in response to a previous bid by another party
  • v. To make a counterbid

Etymologies

counter- +‎ bid (Wiktionary)

Examples

  • Nasdaq OMX Inc. Chief Executive Robert Greifeld is determined to mount a counterbid for NYSE Euronext , say people close to him.

    For Nasdaq's Greifeld, an NYSE Bid Is All but Certain

  • *** Markets Nasdaq OMX chief executive Robert Greifeld is determined to mount a counterbid for NYSE Euronext, say people close to him.

    Business Watch

  • He said the offer created an exit opportunity for APG, which it probably would consider fair value, and means a counterbid in conjunction with Goodman was very unlikely.

    ProLogis Joins Battle for ProLogis European

  • The consortium, Maple Group Acquisition Corp., last month unveiled a counterbid for TMX in an effort to upset a merger deal struck between TMX and London Stock Exchange Group PLC, announced in February.

    Four Firms to Join TMX Bid

  • When the French group behind products such as President Camembert cheese built up its 29% stake, a group of Italian banks and industrialists rallied to the defense of Parmalat and tried to come up with a counterbid in order to keep the company in Italian hands.

    Lactalis Advances in Parmalat Bid

  • In a letter filed Wednesday with government regulators, Energy Transfer lawyers admonish Southern for its decision to negotiate with Williams Cos ., which made a $5 billion cash counterbid for Southern on June 23.

    Energy Transfer Says Southern Union in Breach of Deal

  • Parmalat shares fell 0.4% to €2.28 $3.24 Wednesday, suggesting an Italian counterbid is unlikely.

    Italy Takes Step to Hold Up Foreign Takeovers

  • Traders in Frankfurt said speculation was rife that Finland's Konecranes Oyj could make a counterbid.

    Terex Bids for Demag Cranes

  • Nasdaq OMX and Intercontinental Exchange ditched their counterbid.

    Deutsche Börse's Discriminating Dividend

  • This time, it was U.S. antitrust authorities saying they would block Mr. Greifeld's counterbid for NYSE Euronext .

    Will Nasdaq Exchange New York for London?

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