A stalking horse agreement is an initial offer on the assets of a bankrupt company that sets the bar for other interested parties so they can't underbid the purchase price.
Diversified Gas & Oil clinches 'stalking horse' deal to buy assets from EdgeMarc Energy
A stalking horse agreement refers to an initial bid for a bankrupt company's assets and sets the lower limit in a bankruptcy auction.
Suven gets US court approval to buy assets of Rising Pharmaceuticals
In politics,
a stalking horse is a candidate put forth to test the field for someone else or someone to draw votes away from a third candidate.
Election Day is over, but the language remains Grammar Moses
US-based agricultural company S and W Seed Company (NASDAQ : SANW) has entered
a stalking horse bid of USD 23m to purchase substantially all of the assets of US-based sorghum operator Chromatin, Inc., which entered into receivership earlier this year, the company said.
Deal snapshot: S AND W SEED ENTERS STALKING HORSE BID FOR CHOMATIN SORGHUM ASSETS FOR USD 23M
31 March 2017 - Bankrupt outdoor retail network Gander Mountain Co has filed
a stalking horse bid by a joint venture comprised of Gordon Brothers and Hilco Merchant Resources to purchase substantially all of its assets, the company said.
Bankrupt Retailer Gander Mountain Files Stalking Horse Bid by Gordon Brothers, Hilco Merchant Resources JV
Barry Sheerman MP for Huddersfield and hard right enemy of Jeremy has stated in the Examiner that he is willing to stand as
a stalking horse.
Panto stalking horse ALL day [...]
(NYSE: RICE), an independent natural gas and oil company, has signed
a stalking horse asset purchase agreement with a subsidiary of Alpha Natural Resources Inc.
Rice Energy signs stalking horse asset purchase agreement with subsidiary of Alpha Natural Resources
On Friday Rich Mirman, Freedom's chief executive, said the team he's leading to buy the company out of bankruptcy had decided to forego making
a stalking horse bid for the company.
STOCK ADVISORY FIRMS OK JOURNAL/GANNETT MERGER Also in M&A: Insiders decline stalking-horse role at Freedom Comm
A stalking horse bidder is common in buying assets out of bankruptcy.
Complex sale
And having discounted wannabe stalking horse Adam Afriyie, the unheard of MP for Windsor, as
a stalking horse to challenge David Cameron, eyes turned to home Secretary Theresa May who has decided to run for leadership when the time comes.
? IT'S now par for [...]
28, a court filing identified Investment Recovery Services of Fort Worth, Texas, as
a stalking horse, and it bid $2 million.
Companies agree to buy Isaacson, but jobs are another question
He added: "There is no person in the Cabinet ready to do the damage, it needs
a stalking horse." But Mr Brown yesterday insisted he was staying put, saying only he had the experience and leadership to steer Labour to the general election.
PM WARNED OF STALKING HORSE RIVAL
Mr McDonnell, who chairs the Socialist Campaign Group of left-leaning MPs, said: "I would never stand as
a stalking horse.
MP rejects stalking horse claim; POLITICS
ID is more than just creationism's Trojan horse--it is
a stalking horse for the Religious Right's effort to steamroll its way into American education and public policy.
Intelligent design: creationsim's Trojan horse: a conversation with Barbara Forrest
A stalking horse is the preferred bidder in a bankruptcy-court-supervised auction; the term is derived from fowlers who bid behind their horses when hunting birds, and it implies that other participants in the auction may not wish to be identified.
Sale date set for machine-tool portions of DeVlieg Bullard II