counterbidder

counterbidder

(ˈkaʊntəˌbɪdə)
n
a person or organization that makes a bid in opposition to another bid
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Potash, the world s biggest fertilizer company, talked up the chances of a counterbidder on Monday, but some potential rivals have already virtually ruled themselves out.
S&N has tried twice in recent years to make big acquisitions to close the gap on US groups Stryker, Zimmer and Johnson & Johnson, but on both occasions it was beaten by a counterbidder.
Last week the two dissident directors put out a statement reporting that a possible counterbidder was examining Chesterton's books.
Suggestions that a potential counterbidder was watching in the wings waiting to spoil the show fizzled out.
Abbey National is thought to have appointed an extra team of advisers to look at a bid, while speculation still swirled around Royal Bank of Scotland as a possible counterbidder to Bank of Scotland.
Its compatriot Royal Bank of Scotland - a potential counterbidder for NatWest - fell 72p to pounds 13.19p.
So the only likely counterbidders would appear to be other private equity companies, which have worked with Silver Lake on other deals including the $11.3 billion takeover of SunGard Data Systems and the $9.4 billion takeover of NXP Semiconductors (NASDAQ:NXPI).
Terra Firma said in a statement 26.19 per cent of music company EMI's shareholders had accepted its 265 pence per share deal, up from 3.82 per cent on July 13 In the interim, two possible counterbidders, Warner Music Group and former EMI chief executive Jim Fifield, said they had withdrawn from the battle.
Other obstacles for potential counterbidders include the rise in ABN's share price, up over 24% since the day before Barclays acknowledged talks, and the desire to gain access to the bank's books, so far granted only to Barclays.
or French luxury goods group LVMH Moet Hennessy Louis Vuitton SA could be seen as counterbidders. The speculation has focused, however, on Constellation, possibly with a partner, such as Bacardi, though analysts warned a counterbid would be tricky because Pernod's agreement with Bristol, England-based Allied is sealed and fully priced.
Other obstacles for potential counterbidders include the rise in ABN's share price - up over 24 per cent since the day before Barclays acknowleged talks - and the desire to gain access to the bank's books, so far granted only to Barclays.
Analysts at Bear Stearns said Vodafone Group and France Telecom's Orange were possible counterbidders, although others said both were likely to be deterred by antitrust concerns.