Topic: What Is the Definition of Stalking Horse Bidder
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What is a “stalking horse” bidder and what are the benefits?
The party that initially contracts to purchase assets from a debtor in a bankruptcy case is commonly referred to as the stalking horse. Being the stalking horse has significant advantages. First, the stalking horse generally has a greater o... Read More »
Source: http://www.kl.com/newsstand/Detail.aspx?publication=4107
What is financial definition of Stalking Horse ?
1. In a corporate bankruptcy in which the corporation wishes or is required to sell its assets, an initial bid on those assets by a third party chosen by the corporation. This is done to ensure that the bankrupt corporation does not have to... Read More »
Source: http://financial-dictionary.thefreedictionary.com/Stalking+Horse
What is financial definition of Stalking Horse Bid ?
1. In a corporate bankruptcy in which the corporation wishes or is required to sell its assets, an initial bid on those assets by a third party chosen by the corporation. This is done to ensure that the bankrupt corporation does not have to... Read More »
Source: http://financial-dictionary.thefreedictionary.com/Stalking+Horse+...