overbid

Examples

• All

• First, the court calculated the deterrent effect of a bridge loan conversion using a 5% overbid assumption.

  Academic text (2017)

• In each instance, the acquirer gave the target a loan that was convertible into common shares in the event of an overbid.

  Academic text (2017)

• In the event of a 10% overbid, Softbank could convert the loan into shares and sell into the overbid for a $1.64 billion profit.

  Academic text (2017)

• Some practitioners claim that match rights have no significant effect in M&A deals because an overbid will always be shopped back to the first bidder.

  Academic text (2017)

• Because significantly higher overbids can happen, the calculations provide a rather conservative illustration of how the deal protection effects of financing arrangements can dwarf those of termination fees on their own.

  Academic text (2017)

• Under an 11.4% overbid assumption, the cost imposed on a third-party bidder would be $3.4 million from loan conversion as compared to the court's estimate of $1.5 million.

  Academic text (2017)

• Examples include the Wilshire Enterprises, Inc./J&J Brothers Holdings, Inc. merger announced on December 18, 2015, and completed on February 18, 2016, in which a bidding contest caused the initial bidder to go from $1.50 per share to $3.38 per share, and the Terra Industries, Inc./CF Industries Holdings, Inc. deal announced on March 2, 2010, and completed on April 15, 2010, which involved a premium greater than 100% from an overbid.

  Academic text (2017)

• The auction ended with a surprising overbid that drove the final price up significantly.

• In the competitive real estate market, the overbid on the house made it difficult for other buyers to compete.

• Bidders often face challenges when their overbid exceeds what the house is truly worth.

Synonyms

O

overcall

vsoverbid

• Jargon

1 9.9

A higher bid you make after an opponent bids when your partner has not bid

is a general higher or unreasonable bid across auctions and games

Antonyms

U

to underbid

• Jargon

6.7

Offer a lower bid than your hand's value in a card game

How High

overbid

1 5.5

bid

232 2.7

Surface Forms

Morphology

Etymology