Tag: auctions

What the Heck is a Stalking Horse Bid? Definition & Origin

What the Heck is a Stalking Horse Bid? Definition & Origin

With all the talk of the Hostess company in bankruptcy, I wanted to know what the term ‘stalking horse’ meant to the financial markets as in recent news from Food Business News, a stalking horse bidder was named for the Hostess company. The plain definition