any-and-all bid

noun phrase

Meaning

A tender offer in which the buyer agrees to purchase every share offered by shareholders, without setting a maximum limit on the total number of shares to be acquired.

Examples

  • The corporation launched an any-and-all bid to consolidate ownership before the merger.
  • Investors were pleased that the any-and-all bid allowed them to sell their entire stake at once.

Synonyms: tender offer, buyout offer, takeover bid, full tender