Sentences with phrase «stalking horse bidder»
Several newspapers, including The New York Times and The Wall Street Journal, have reported that over the weekend General Growth's board voted in favor of Brookfield becoming the stalking horse bidder in its reorganization.
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The issue of the stalking horse bidder will be decided at a bankruptcy court hearing scheduled for May 5.
One more term I've heard a couple of times lately is a «stalking horse bidder» anyone care to explain that one?
At press time hhgregg had one stalking horse bidder and was said to be taking additional bids until April 21.
Successfully represented stalking horse bidder to purchase Golfsmith International Headquarters for $ 20.5 million.
Not exact matches
The Weinstein Co. announced in a statement that no other bidder made a better offer than Dallas - based Lantern Capital, which made a «stalking - horse»...
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.
According to court papers filed late Thursday, the bidder is taking on a role of a «stalking horse» in a court - approved auction set for Monday in New York.
As so - called stalking - horse bidders, Sprint and Standard General will have to compete with potential rivals in a court - supervised auction.
Tribune Publishing has already said it wants to be the bidder that sets the opening price for the actual auction next month — the «stalking horse» position in the process.
Hager, the stalking - horse bidder, spent the auction on the phone with his investors.
U.S. Bankruptcy Judge Martin Glenn in Manhattan today approved a procedure to auction Borders» assets that makes a group of liquidators, rather than Najafi Cos.» BB Brands, the so - called stalking - horse bidder.
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the «stalking horse» bidder, and NRG has separately announced the purchase of 26 C&I solar projects.