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Re: Makenlight post# 31257

Tuesday, 12/22/2015 5:33:08 PM

Tuesday, December 22, 2015 5:33:08 PM

Post# of 37236
DEFINITION of 'Stalking-Horse Bid'

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.


Read more: Stalking-Horse Bid Definition | Investopedia http://www.investopedia.com/terms/s/stalkinghorsebid.asp#ixzz3v5kCVItj
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