Bid: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Bid

  • an offer to buy all or the majority of the capital shares of a company in an attempted takeover
  • the highest price a prospective buyer for a good or service is prepared to pay

Wiktionary Definition for: Bid

  • #(Past tense: '''bade''', past participle: '''bidden''') ''(transitive)'' to issue a command; to tell
  • Ex:''He '''bade''' me to come in.''
  • #(Past tense: '''bade''', past participle: '''bidden''') ''(transitive)'' to invite; to summon
  • Ex:''She was '''bidden''' to the wedding.''
  • #(Past tense: '''bade''', past participle: '''bidden''') ''(transitive)'' to utter a greeting or salutation
  • Ex:''We '''bade''' him farewell.''
  • Ex:'''1999:''' " H e walked up to the village of Wall and '''bade''' good morning to the guards on the gate." — ''Stardust'', Neil Gaiman, page 15 (2001 Perennial Edition).
  • #(Past tense and past participle: '''bid''') ''(intransitive)'' to make an offer to pay or accept a certain price
  • Ex:''Have you ever '''bid''' in an auction?''
  • #(Past tense and past participle: '''bid''') ''(intransitive)'' (''card games'') to announce one's goal, before starting play
  • #(Past tense and past participle: '''bid''') ''(transitive)'' to offer as a price
  • Ex:''She '''bid''' £2000 for the Persian carpet.''
  • #(Past tense and past participle: '''bid''') ''(transitive)'' (''card games'') to announce one's goal, before starting play
  • An offer at an auction
  • (''ultimate frisbee'') a (failed) attempt to receive or intercept a pass
  • Ex:''Nice '''bid'''!''
  • first person singular present tense of bidden; to pray
  • #sort; kind; type ; race
  • #sot

Additional Resources

No Bid Proposal Strategy
This template helps to formulate and document a no bid strategy to confirm the no bid decision and capture lessons learned. This template also helps you improve the pursuit of new opportunities with the same prospect in future. By using this template, you can ensure a well-conceived plan and even...
Tags: Template, Strategy, Management
Tools & templates 2004-08-26
Kemper and GE caught by surprise Conseco bid
Kemper Corp. agreed to accept a surprise bid from Conseco Inc. that left General Electric's bid stranded. Conseco entered a bid for $67 pet share in the eleventh hour on June 23, and GE chose not to compete for the company.
Tags: General Electric Co.
Research articles 1994-07-05
V Communications Final Bid Helps eBay Users Win More Auctions
SAN JOSE, Calif. -- V Communications, a leading developer and publisher of advanced PC utilities, today announced that Final BidTM, a new on-line auction bid manager, is now shipping. Designed for eBayR users, Final Bid manages auctions and places bids for items at the last possible moment, increasing the chance...
Tags: eBay Inc.
Research articles 2004-09-14
DALSA Announces Normal Course Issuer Bid
DALSA Corporation (TSX: DSA), an international leader in high performance digital imaging and semiconductors, announced today that it has received approval from the Toronto Stock Exchange (the "TSX") to acquire for cancellation, by way of normal course issuer bid (the "Bid"), up to 951,334 Common Shares of the Company, which,...
Tags: DALSA Corp.
Research articles 2007-08-21
Taking things personally: Northrop's bid for TRW is dubbed "opportunistic." But if one company knows another very well, is that so bad? - New Deals - Northrop Grumman's acquisition bid for TRW Inc - Brief Article
FEW TAKEOVER BATTLES focus on personalities as much as Northrop Grumman's bid for fellow defense contractor TRW. The $5.9 billion stock offer was occasioned by the sudden departure of TRW CEO David Cote in February-to take on a bigger job running Honeywell. Indeed, news reports paint a picture of a...
Tags: acquisition, Northrop Grumman Corp., TRW
Research articles 2002-05-01
Coca-Cola's second bid to acquire Orangina under review - by French competition council - Brief Article
PARIS -- Coca-Cola Co.'s second bid to acquire Orangina has been referred to France's competition council, which rejected the initial bid on the grounds that the deal would allow the company to dominate distribution to cafes, hotels and restaurants.
Tags: Coca-Cola Co.
Research articles 1999-05-31
Bidder erred in marking photocopies; GAO says Corps rightly rejected bid.(Contractors Corner)
The General Accounting Office GAO has ruled that the use of marked photocopies of a Corps' bid schedule rendered the bid "ambiguous and nonresponsive." GAO ruled that the Corps was correct in rejecting the bid. The General Accounting Office GAO has ruled that the...
Tags: General Accounting Office
Research articles 2004-07-07
Noranda Announces Mailing of Issuer Bid and Take-Over Bid Circulars
TORONTO -- Noranda Inc. (TSX:NRD)(NYSE:NRD) today announced that it had mailed an issuer bid circular to its common shareholders and a take-over bid circular to common shareholders of Falconbridge Limited, in connection with Noranda's previously announced issuer bid for up to 63.4 million Noranda common shares...
Research articles 2005-03-24
Costello veto threat to Qantas bid.
Nov 23, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Macquarie Bank-led consortium making a bid for Qantas Airways may be required to prove the bid is in Australia's national interests. Formal talks on the bid are scheduled to co Nov...
Tags: Qantas Airways Ltd.
Research articles 2006-11-23
Bid Request
Use this template to request the business firm for bid, including credit terms and any other relevant information.
Tags: Business Company, LetterPremier.com
Tools & templates 2008-01-01
pSivida Achieves Compliance with NASDAQ Minimum Bid Price Requirement
BOSTON -- pSivida Corp. (NASDAQ:PSDVV)(ASX:PVA) today announced that it received notification from the NASDAQ Stock Market that it had regained compliance with Marketplace Rule 4450a(5) the Rule relating to the maintenance of a minimum $1.00 bid price of the company's American Depository Shares ADSs. The company had been notified in...
Tags: common Stock, company, compliance, Nasdaq Stock Market Inc.
Research articles 2008-06-12
Cablevision Systems' shareholders vote down Dolans' bid to take the
Once again, the Dolans' bid to take their company private was shot down.
Tags: Cablevision Systems Corp., shareholder
Research articles 2007-10-24
PhotoMedex Receives Notice from NASDAQ Related to Minimum Bid Price
MONTGOMERYVILLE, Pa. -- PhotoMedex, Inc. (Nasdaq:PHMD) announced today that it received notification from The Nasdaq Stock Market ("Nasdaq") on November 19, 2007 that the Company was not in compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq's Global Market exchange under Marketplace Rule 4450a(5). Such a...
Tags: Nasdaq Stock Market Inc.
Research articles 2007-11-23
AT&T rejects takeover bid
NEW YORK AP -- AT&T rejected a $40 billion takeover bid for its cable TV business Wednesday from Comcast.
Tags: AT&T Corp.
Research articles 2001-07-19
ERGEN'S POWER PLAY.(EchoStar Communications Corp. makes $32 billion bid for DirecTV Inc.'s parent)(Brief Article)
EchoStar Makes a $32B Bid for Direc TV EchoStar Makes a $32B Bid for Direc TV
Tags: EchoStar Communications Corp.
Research articles 2001-08-13
Ottakar's catches HMV's eye.
HMV, owner of bookseller Waterstones, has made a 440p-a-share bid for book retailer Ottakar's. Ottakar's independent directors are recommending the bid, which follows an earlier management-backed bid at 400p a share. HMV, owner of bookseller Waterstones, has made a 440p-a-share bid for book...
Tags: HMV
Research articles 2005-09-16
iVOW Receives Notice from the Nasdaq Stock Market Regarding Non-Compliance With the Minimum Bid Price Rule
SAN DIEGO -- iVOW, Inc. (NASDAQ:IVOW), a provider of disease management services for the treatment of chronic and morbid obesity, announced today that it received a Nasdaq Staff Deficiency Letter stating that iVOW has failed to comply with the minimum bid price requirement for continued listing set forth in Marketplace...
Tags: bid price, Nasdaq Stock Market Inc.
Research articles 2006-10-18
Week in Review.(Briefs)(Royal Bank of Scotland PLC bid for LaSalle Bank Corp.)(Magna International Inc. to acquire DaimlerChrysler AG. Chrysler Group)(Pick-Fort Shelby Hotel financed by ShoreBank)
RBS-led group makes hostile bid for ABN Amro, LaSalle Netherlands-based ABN Amro Holding N.V. said Monday that it received a hostile takeover bid of $96.4 billion and a related bid of $24.5 billion for its Chicago-based LaSalle Bank Corp. subsidiar RBS-led group makes hostile...
Tags: ABN AMRO, Chrysler LLC, Crain, Daimler AG
Research articles 2007-05-14
PeopleSoft rejects revised Oracle bid
PeopleSoft Inc.'s board has unanimously rejected Oracle Corp.'s $6.3 billion cash offer, claiming that it is still too low and raises antitrust concerns. The offer is a raise from Oracle's earlier bid of $5.1 billion. PeopleSoft argued in a statement that the revised bid still "undervalues the company based on...
Tags: Oracle Corp., PeopleSoft Inc.
Research articles 2003-06-30
American Home Products and Pfizer in bidding war over Warner-Lambert
Shares of Warner-Lambert Co. have been steadily increasing due to the growing sentiment that Pfizer, Inc. is not only sincere about its $82.4 billion allstock bid for the company, but will raise the bid, if necessary. What led to some confusion as to the seriousness of Pfizer's offer was the...
Tags: Pfizer Inc.
Research articles 1999-11-15
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