Any-and-All Bid
A bid made to purchase all stock being offered at a specific price. Investopedia Says:
Any and all bids are commonly used by companies attempting takeovers. The acquiring company will place an order to buy any stock being offered for a set duration or up to a set quantity.
For example, if company A wanted to acquire 50% of company B's stock, they may place an any and all bid for $10. This would result in company A buying any shares being offered on public exchanges for $10 or less. Related Terms:
Bid
Sandbag
Takeover
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