Whats the difference between a bid and an enquiry
what the scunthorpe chairman has described was an enquiry. "would you be interested in selling Hooper?
A bid would be an official approach with an offer to purchase at an explicit value. for example a letter fax or email from an official source ie letter from QPR signed by the sporting director stating that they are prepared to offer £850k to purchase the registration of Hooper, an increased bid would be a second official communication with an enhanced offer.
what the scunthorpe chairman has described was an enquiry. "would you be interested in selling Hooper?
A bid would be an official approach with an offer to purchase at an explicit value. for example a letter fax or email from an official source ie letter from QPR signed by the sporting director stating that they are prepared to offer £850k to purchase the registration of Hooper, an increased bid would be a second official communication with an enhanced offer.
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