stalking-horse

(redirected from Stalking horse)
Also found in: Dictionary, Thesaurus, Financial, Idioms, Wikipedia.

stalking-horse

1. a horse or an imitation one used by a hunter to hide behind while stalking his quarry
2. a candidate put forward by one group to divide the opposition or mask the candidacy of another person for whom the stalking-horse would then withdraw
References in periodicals archive ?
A bankruptcy judge has approved the stalking horse bids for the various brands from Flowers Foods Inc (NYSE:FLO), McKee Foods Corp, United States Bakery Inc, Apollo Global Management LLC (NYSE:APO) and C Dean Metropoulos & Co.
Subject to Court approval, the stalking horse proposal will serve as the opening bid during an auction process that is scheduled to take place in August, and will be subject to higher and better offers.
This stalking horse deal is the latest one signed by Hostess, which previously agreed transactions worth more than USD440m for the sale of most of its bread brands plus the Drake's snack cake business.
The purchase price payable under the stalking horse agreement is based on a formula, tied primarily to the principal amount of unpaid loan balances under servicing contracts and outstanding servicing advances as of the closing date.
Earlier in January, Hostess announced it had selected sector player Flowers Foods Inc (NYSE:FLO) as the stalking horse bidder for most of its bread business, with an offer of up to USD360m.
Earlier this month, Hostess announced it had selected sector player Flowers Foods Inc (NYSE:FLO) as the stalking horse bidder for most of its bread business, with an offer of up to USD360m.
Furthermore, Hostess had also chosen Flowers Foods as the stalking horse bidder for its Beefsteak bread brand, signing another deal worth USD30m.
Blockbuster, which entered bankruptcy in September, agreed in February to be sold to creditors in a stalking horse bid with the initial offer set at USD290m (EUR206m).
The auction resulted in cash proceeds that are approximately 54 percent higher than contemplated by the stalking horse asset purchase agreement executed by Sunburst in October.
M2 EQUITYBITES-January 29, 2013-Hostess chooses stalking horse bidders for Drakea[euro](tm)s, bread businesses(C)2013 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-February 12, 2018-Appvion Seeks US Bankruptcy Court Nod for Stalking Horse Bid
A stalking horse had a double benefit if the prey was an armed person.