Sentences with phrase «stalking horse bid»

Representation of purchasers and potential purchasers in bankruptcy auctions and sales, including negotiation of stalking horse bid protections and litigation involving challenges to the sale.

The Weinstein Company has voluntarily filed for bankruptcy and entered into a stalking horse bid for the majority of its film and TV assets with the Dallas - based private equity firm Lantern Capital..

In the high - profile tussle for 6,000 wireless patents from bankrupt Nortel Networks, Google kicked off the tug - of - war with a stalking horse bid of $ 900 - million — far greater than anyone expected.

Fairfax agrees to buy Toys «R» Us Canada in $ 300 - million stalking horse bid, source says, Financial Post United States

The company could not pursue potential other offers until judge Stuart Bernstein approved the mechanism for the auction, as well recognized Ziff Davis» stalking horse bid, according to court papers.

Univision Holdings (univision) has offered to acquire Gawker Media, challenging a $ 90 million stalking horse bid from media company Ziff Davis in the auction for the U.S. internet publisher, people familiar with the matter said.

Auctions are scheduled for both the Stalking Horse bids and SUNE's ownership of TERP and GLBL (including Class B shares with 10 to 1 voting rights superiority) before the end of the month.

Not exact matches

The auction was triggered by a recent $ 300 - million stalking horse offer Fairfax made that allowed others to make competing bids for the Canadian operations until Monday at 10 a.m. EST, but court filings showed no bidders other than Fairfax registered an offer.

Upon filing the case, the company sought approval of an asset sale process pursuant to which Standard General would act as stalking horse and be permitted to credit bid its portion of the secured debt owed by the company under the 2013 credit agreement.

U.S. District Court Judge Mark Wallace in Santa Ana on Monday approved the request by moving back the deadline for so - called stalking - horse bids, which set a minimum price for a bankrupt company's assets.

The Sagard / Fairfax - led investor group made the «stalking horse» bid at the outset of the auction process, which was ultimately determined to be the successful bid.

Google opened bidding in April with a $ 900 million «stalking horse» bid, and said it hopes the patents will ward off litigation from more established rivals.

At press time hhgregg had one stalking horse bidder and was said to be taking additional bids until April 21.

Instead, it will look for a «stalking horse» to make the lead bid at an auction next month and will pass the proceeds of any sale to creditors.