Stalking Horse Meaning
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. They then withdraw in favour of a stronger challenger if it looks likely that the leader can be defeated.
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What Does Stalking Horse Bidder Mean.
Stalking horse meaning. A horse or a figure like a horse behind which a hunter stalks game. The possibility of another stalking horse challenge this autumn cannot be ruled out. In politics someone who competes for a position that they have no chance of winning in order.
1 A person or thing that is used to conceal someones real intentions. Based on 2 documents. A candidate put forward to divide the opposition or to.
This is a very sensible arrangement. What Does Stalking Horse Mean. But nowadays movie production isnt so much a racket as a stalking horse for the.
In politics someone who competes for a position that they have no chance of winning in order. This is done to ensure that the bankrupt corporation does not have to settle for unacceptably low prices for its assets. The term is an old hunters term where the hunter would hide behind his horse while getting as close to the prey as possible.
Meaning of stalking horse. The term stalking horse originally denoted a horse trained to allow a fowler to conceal himself behind it or under its coverings in order to get within easy range of the game without alarming it. What does stalking horse mean.
The sale process will now be conducted without a stalking horse bid. A stalking horse is a buyer who has agreed to make a minimum bid before a bankruptcy auction. This strategy called a stalking horse bid acts as a way to test the market.
The stalking horse bidder typically enters into a sale contract with the debtor for the subject assets thereby setting a floor or minimum bid. The thing at the front is called a horse and the purple vehicle behind it is the cart. In politics a stalking horse is someone who stands against the leader of a party to test the strength of any opposition to the leader.
Definition of stalking horse. The stalking horse then withdraws in favour of a stronger challenger. Stalking Horse Protections has the meaning given to such term in the Stalking Horse Protections Orders and shall include in any event the protections in paragraph p and q of Exhibit A to the Pulp Assets Bid Procedures Orders.
A stalking horse is a buyer who has agreed to make a minimum bid before a bankruptcy auction. Something used to cover ones true purpose. The stalking horse bidder typically enters into a sale contract with the debtor for the subject assets thereby setting a floor or minimum bid.
In politics a stalking horse is someone who stands against a leader in order to see how strong the opposition is. A stalking horse bidder is an entity that a distressed company chooses to make the first bid when selling one or more of its assets in an auction type process. A stalking horse is somewhat of a misnomer as it hints the potential buyer is hidden from the public the courts and creditors.
However in reality their leadership role is an illusion and the stalking horse is really working to promote a challenge or debate that will benefit a third party whose identity remains a secret. Stalking Horse Agreement means one or more asset purchase agreements as may be amended modified restated or supplemented from time to time by and among the Debtors as sellers and the Stalking Horse Bidder as buyer which provides among other things for the sale or transfer of the Acquired Assets. Stalking Horse Protections definition.
Putting the CART in front of the HORSE would be the WRONG WAY ROUND and would be. Information and translations of stalking horse in the most comprehensive dictionary definitions resource on the web. Someone or something whose role is to become the focal point for or the initiator of a debate or challenge.
You have used me simply as a stalking horse for some of your more outrageous views. The sale process will now be conducted without a stalking horse bid. Stalking-horse - something serving to conceal plans.
Something used to mask a purpose. A fictitious reason that is concocted in order to conceal the real reason pretext dissembling feigning pretense pretence -. Its even called a horse and cart ride so you know which goes at the front.
A sham candidate put forward to conceal the candidacy of another or to divide the opposition. Its earliest known mention is found in the household and privy purse accounts of the Lestranges of Hunstanton for 1519-20 eleventh year of Henry VIIIs reign. Stalking horse synonyms Stalking horse pronunciation Stalking horse translation English dictionary definition of Stalking horse.
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