Definition of counterbid
- After three days of further bids and counterbids, with the threat of action by competitors not hitherto involved, Axelman made McKee an especially attractive offer …
- —Paul S. Nathan
- … when the terms of the bid are agreed by the boards of the two companies, and no other company makes a counter-bid, the whole operation can be carried out relatively simply and inexpensively.
- —L. C. B. Gower
counterbidor counter-bid verb, transitive + intransitive counterbid or counter-bid; counterbidding or counter-bidding
- Marriott counterbid days later, offering $13.6 billion; Anbang responded on March 28, offering $14.2 billion …
- —Laura Berman