Takeover bid in which the acquirer offers to pay more for the shares needed to gain control than for the remaining shares, or to pay the same price but at different times in the merger period; contrasts with any-or-all bid.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). two-tier bid. Retrieved September 25, 2026, from http://smartdefine.org/two-tier_bid/definitions/1165729 |
| Chicago | Barry Goldsmith. 2010. "two-tier bid" http://smartdefine.org/two-tier_bid/definitions/1165729 (accessed September 25, 2026). |
| Harvard | Barry Goldsmith 2010, two-tier bid, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/two-tier_bid/definitions/1165729>. |
| MLA | Barry Goldsmith. "two-tier bid" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/two-tier_bid/definitions/1165729> |