Third-person singular simple present indicative form of counterbid.(verb)
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Use "counterbids" in a sentence
"Hertz Global Holdings , vying with Avis Budget Group in bids and counterbids since last year, sweetened its offer to $72 a share Monday for the smaller competitor."
"It is fitting that the takeover battle for Potash Corp. of Saskatchewan provides fertile ground for rumors of counterbids."
"One alternative would be to encourage counterbids by miners such as BHP Billiton for some of the assets Chinalco is buying."