👉 In finance, an "outbidder" refers to a party that bids for or acquires another bidder's shares in a public company. This could be in connection with a merger, acquisition, or other transaction where one bidder is bidding up another. For example, if a private investor buys the majority of shares in a public company and wants to take over control, they might outbid the public company's current shareholders to acquire as much of the shares as possible. This can lead to a more
