Company Sale, Multiple-Bidder War, and Managing Purchasing
Monday, July 26, 2021 Advantages of Engaging Multiple Bidders When selling a company through a competitive auction process, a seller may have multiple bidders seeking to purchase the target company. Having multiple bidders compete to purchase the target company can be advantageous to the seller for several reasons. First, it can result in a higher price paid for the target company if the seller makes it known that multiple bidders have submitted serious offers, by initiating a bidding war. Second, it creates leverage for the seller and uncertainty for the bidders, potentially enabli...
Source: natlawreview.com