BNET Business Dictionary
Business Definition for: Dutch Auction
- an auction in which the lot for sale is offered at an initial price which, if there are no takers, is then reduced until there is a bid
Wiktionary Definition for: Dutch Auction
- #redirect dutch auction
Additional Resources
- Trick or treat? Dutch auction may gain popularity if Google's IPO effort is a success.(News)
- Byline: Gregory Crawford If Google Inc.'s initial public offering is wildly successful, institutional money managers expect to see more companies go public using a Dutch auction - but that doesn't mean they will be investing in them. "Trad Byline: Gregory...
- Research articles 2004-05-31
- ABC TO OFFER FINANCIAL BONDS BY DUTCH AUCTION
- AsiaInfo Services 07-01-2004 ABC to Offer Financial Bonds by Dutch Auction BEIJING, Jul 01, 2004 SinoCast via COMTEX -- Agricultural Bank of China ABC will invite a tender for its 2004 first issues of financial bonds on July 2 and it...
- Research articles 2004-07-01
- Domino's doesn't meet goals of Dutch auction tender offer
- ANN ARBOR, MICH. -- The final result of the Dutch auction tender offer by Domino's Pizza Inc. was undersubscribed, clearing the way for a possible special dividend to investors as early as next month, as the company is still cash-heavy, analysts said. Under its Dutch auction tender, the company...
- Research articles 2007-03-26
- Fitch Rates Banc of America Dutch Auction Pfd Corp's Pfd Stock 'A+'
- CHICAGO -- Fitch Ratings has assigned a long-term rating of 'A+' to the auction rate preferred stock issued by Banc of America Dutch Auction Preferred Corporation BADAPC, an indirect majority-owned subsidiary of Bank of America, N.A., which is the principal operating subsidiary of Bank of America Corporation BAC. BADAPC will...
- Research articles 2005-12-09
- Books-A-Million, Inc. Announces Intention to Commence a Dutch Auction Tender Offer
- BIRMINGHAM, Ala. -- Books-A-Million, Inc. (Nasdaq/NM:BAMM) announced today that its Board of Directors has approved a modified "Dutch Auction" tender offer to purchase up to 4,000,000 shares of its common stock at a price per share not less than $8.75 and not greater than $10.00.
- Research articles 2005-06-21
- Books-A-Million, Inc. Announces Preliminary Results of Its Dutch Auction Tender Offer
- BIRMINGHAM, Ala. -- Books-A-Million, Inc. (Nasdaq/NM:BAMM) announced today the preliminary results of its modified "Dutch Auction" tender offer, which expired at 12:00 midnight, New York City time, on July 21, 2005. In the tender offer, the Company offered to purchase up to 4,000,000 shares of its common stock at a...
- Research articles 2005-07-22
- Agilent Technologies Announces No Remaining Financing Conditions to Closing Its Modified ''Dutch Auction'' Self-Tender Offer
- PALO ALTO, Calif. -- Agilent Technologies Inc. (NYSE:A) today announced that there are no remaining financing conditions to closing its modified "Dutch Auction" self-tender offer for the repurchase of up to 73 million shares of its common stock as announced on Nov. 14, 2005.
- Research articles 2005-12-06
- Books-A-Million, Inc. Announces Final Results of Its Dutch Auction Tender Offer
- BIRMINGHAM, Ala. -- Books-A-Million, Inc. (Nasdaq/NM:BAMM) announced today the final results of its modified "Dutch Auction" tender offer, which expired at 12:00 midnight, New York City time, on July 21, 2005.
- Research articles 2005-07-27
- Hewitt Associates Commences a Dutch Auction Tender Offer
- LINCOLNSHIRE, Ill. -- Hewitt Associates, Inc. (NYSE:HEW), a global human resources services firm, today announced that it has commenced a modified "Dutch Auction" tender offer to purchase up to 8 million shares of its outstanding Class A, Class B and Class C common stock. The Company believes that the tender...
- Research articles 2005-02-11
- First Banks Inc. Announces "Dutch Auction" Tender Offer
- ST. LOUIS--BUSINESS WIRE--Dec. 30, 1998--First Banks Inc. (the "Offeror") announced today that it will commence a "Dutch Auction" tender offer to purchase for cash up to 400,000 shares of the issued and outstanding common stock, par value $.15 per share, of FIRST BANKS AMERICA, INC. (NYSE: FBA).
- Research articles 1998-12-30
- Reebok International Ltd. Announces Dutch Auction Self-Tender for 24,000,000 Shares
- STOUGHTON, Mass.--BUSINESS WIRE--July 29, 1996--Reebok International Ltd. (NYSE:RBK) announced today that its Board of Directors has authorized the purchase by the Company of 24,000,000 shares of the Company's Common Stock pursuant to a "Dutch Auction" self-tender offer. The tender offer price range will be from $30.00 to $36.00 net...
- Research articles 1996-07-29
- Ecolab Inc. Announces Dutch Auction Self-Tender Offer For Up To 3 Million Shares As Part Of A 6 Million Share Stock Repurchase
- ST. PAUL, Minn.--BUSINESS WIRE-- May 12, 1995--Ecolab Inc. announced today that its Board of Directors has authorized the purchase by the Company of up to 6 million shares of its common stock, representing approximately 9% of its outstanding shares. The Ecolab board authorized a Dutch Auction self-tender offer for...
- Research articles 1995-05-12
- Reebok announces preliminary results of 'Dutch Auction' self-tender offer
- STOUGHTON, Mass.--BUSINESS WIRE--Aug. 28, 1996--Reebok International Ltd. (NYSE:RBK) today announced that a preliminary count by Boston Equiserve, the Depositary for the Company's "Dutch Auction" self-tender offer, indicates that, subject to final verification, 17,018,090 Common shares have been accepted for purchase at a price of $36.00 per share.
- Research articles 1996-08-28
- Biogen Idec Announces Final Results of Its Modified "Dutch Auction" Tender Offer
- CAMBRIDGE, Mass. -- Biogen Idec Inc. (NASDAQ: BIIB) today announced the final results of its modified "Dutch Auction" tender offer which expired at 12:00 midnight ET on Tuesday, June 26, 2007. Biogen Idec has accepted for payment an aggregate of 56,424,155 shares of its common stock at a purchase price...
- Research articles 2007-07-02
- Sport-Haley, Inc. Announces Commencement of "Dutch Auction" Tender Offer
- Sport-Haley, Inc. (NASDAQ: SPOR) (the "Company") today announced that it has commenced its previously announced modified "Dutch Auction" tender offer to purchase up to 472,000 shares of its common stock at a price not greater than $5.30 nor less than $4.80 per share, net in cash. The Company will purchase,...
- Research articles 2007-01-03
- United Capital Corp. Announces ``Dutch Auction'' Self-Tender Offer to Repurchase up to 1,000,000 Shares
- GREAT NECK, N.Y. -- United Capital Corp. (AMEX: AFP) today announced that its Board of Directors has authorized a "Dutch Auction" self-tender offer for up to 1,000,000 shares of its common stock, or approximately 12% of its outstanding shares. The offer will commence on December 5, 2005 and will expire...
- Research articles 2005-11-28
- O.I. Corporation Announces Authorization of Modified Dutch Auction Tender Offer for 300,000 Shares of Its Common Stock
- COLLEGE STATION, Texas -- O.I. Corporation (NASDAQ:OICO) today announced that its Board of Directors has authorized and it intends to initiate a modified Dutch auction self-tender to purchase up to 300,000 shares of its common stock at a range of $13.00 to $14.75 per share. The low end of the...
- Research articles 2007-06-11
- Books-A-Million, Inc. Announces Commencement of Its Dutch Auction Tender Offer
- BIRMINGHAM, Ala. -- Books-A-Million, Inc. (NASDAQ/NM: BAMM) announced today that it has commenced its previously announced modified "Dutch Auction" tender offer to purchase up to 4,000,000 shares of its common stock at a price per share not less than $8.75 and not greater than $10.00.
- Research articles 2005-06-23
- Agilent Technologies Announces Intent to Repurchase up to $2.7 Billion of Its Common Stock through a Modified ''Dutch Auction'' Tender Offer
- PALO ALTO, Calif. -- Agilent Technologies Inc. (NYSE:A) today announced that it will commence a modified "Dutch Auction" tender offer to purchase up to 73 million shares of its common stock at a price per share not less than $32.00 and not greater than $37.00. The tender offer is expected...
- Research articles 2005-11-14
- Syms Corp. Announces Final Results of Its Dutch Auction Self-Tender Offer; 436,286 Shares Tendered and Purchased at $18 per Share
- SECAUCUS, N.J. -- Syms Corp. (NYSE:SYM) today announced the final results of its "Dutch Auction" self-tender offer to purchase up to 3,350,000 shares of its outstanding common stock at a price not less than $16.00 and not greater than $18.00 per share, which expired on Friday, May 26, 2006.
- Research articles 2006-05-30
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