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counterbid

British

/ ˈkaʊntəˌbɪd /

noun

a bid made in response to a bid from another party, offering more favourable terms to the seller

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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counterbid

Shareholders may even hope the same desire might lead to a fresh counterbid from Paramount Skydance, extending the “bidding war”.

From The Wall Street Journal ● Jan. 21, 2026

We think a Southeastern counterbid would be difficult to complete without Michael Dell’s involvement.

From Forbes ● Mar. 7, 2013

Photograph: Rex Features Penguin's chief executive has ruled out accepting a counterbid from Rupert Murdoch's News Corporation, which owns rival publisher HarperCollins, saying that its venture with Bertelsmann's Random House is a done deal.

From The Guardian ● Oct. 29, 2012

“The dynamics are so perfectly aligned that literally anybody could team up and counterbid for NYSE,” said Yemi Oshodi, managing director of M&A and special situations trading at New York-based WallachBeth Capital LLC.

From BusinessWeek ● Feb. 23, 2011

Burton waited for the counterbid that wouldn’t come.

From "Moon Over Manifest" by Clare Vanderpool

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023