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Even so, the thought of an 18% stake overhanging the market was enough to send Standard Chartered's shares lower, although analysts said it could also ignite bid speculation.
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And competition in the country's hottest markets, like Silicon Valley, Dallas and Manhattan, is still hot enough to ignite bidding wars.
Three weeks ago HBOS ignited bid speculation by admitting it was considering an offer to counter the Santander bid, which is unpopular with Abbey investors as it requires them to swap each of their shares for one in the Spanish bank.
Persimmon's takeover of Westbury has ignited some bid talk.
Those can ignite a bidding war among certain newspapers and magazines.
The group's $2.5 billion offer tops a deal with ON Semiconductor and may ignite a bidding war.
An associate of Mr. Lohan's ran through the plan: ignite a bidding war between TMZ and its rival Web site Radar for Mr. Lohan's side of the story and for embarrassing recordings he claimed to have of his fiancée, Kate Major.
UFJ said repeatedly that it would prefer to merge with Mitsubishi Tokyo, but it had been under pressure from shareholders to give serious consideration to any proposal from Sumitomo Mitsui -- Sumitomo has put an offer on the table that values UFJ at $29 billion -- because doing so could ignite a bidding war and raise the price paid for UFJ.
That led to a $63.08-a-share deal that was nearing completion when Boston Scientific ignited a bidding war last December.
Shareholders have been pressing UFJ to give serious consideration to any proposal from Sumitomo Mitsui in the hopes of igniting a bidding war, and probably raising the offer price.
Other bidders, such as France's Axa, Germany's Allianz, or Generali, of Italy, could enter the fray, igniting a bidding war, say experts.
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