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Tempus's managers, who had already accepted a lower offer made last month by Havas Advertising, the world's fifth-biggest ad group, now say they will reconsider.
Tempus's managers, who had already accepted a lower offer last month from Havas Advertising, the fifth-biggest advertising group, say they will now reconsider.
Gazumping - when a seller accepts a higher offer from a new buyer, having previously accepted a lower offer - is among the most contentious of house-buying practices.
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Why are the Pauls accepting a lower offer?
The polyurethane-foam maker Foamex International has agreed to accept a lower offer to be acquired by Trace International Holdings Inc., for $12 a share, a total of $162 million.
Owners might also be in a rush to sell and therefore willing to accept a lower offer than they would otherwise.
In some cases, agents use appraisals to convince sellers that their expectations are too high and that they should accept a lower offer.
The deal was approved when Cosmos's majority owner, the RMF Corporation, agreed to accept a lower offer after San Miguel discovered that some Cosmos equipment was below Coca-Cola's standards.
Consolidated Edison will scrap its proposed $7.5 billion buyout of Northeast Utilities unless Connecticut regulators agree before the end of the month to reconsider proposed restrictions on the merger, or unless Northeast shareholders accept a lower offer, according to analysts.
Fabregas has ruled out moving to Madrid but Arsenal do not see why they should be forced to accept a lower offer from Barça if their Spanish rivals are prepared to pay more.
Australia, New Zealand and South Africa, mindful that when their 10-year, £366m television deal with Rupert Murdoch expires in 2005 they may have to accept a lower offer in real terms, proposed the nine-nation tournament in order to tap into the more lucrative European TV market.
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