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That topped a competing bid from Virgin Atlantic Airways.
o Only competing bid was at a higher price.
Instead, it is a competing bid, which was not unexpected.
"I believe I made a competing bid that was superior.
The deadline for a competing bid passed yesterday.
In the second stage, the current high bidder (Comcast) can respond with its own competing bid.
One clear impetus to lead to a higher bid would be if a competing bid emerged.
Dell's failure to include Blackstone may have locked out a competing bid and cost Dell shareholders.
Under its arrangement, Quest granted Insight the right to match a competing bid.
Sure enough, Quest's go-shop period expired without a competing bid.
Still, news of a competing bid fueled optimism for Global Crossing's creditors yesterday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com