back to article Capgemini set for stalking horse splash of $50m on bankrupt Ciber

French multinational IT consultancy Capgemini is set to gobble Ciber, which has filed for bankruptcy protection under Chapter 11 of the United States bankruptcy code. Capgemini and Ciber announced today that they have entered into an agreement pursuant, which will see the French corporation acquire the North American …

  1. BebopWeBop

    Forgive me if I am wrong - I'm sure someone will correct me in that car, but I had always understood a 'stalking horse' to be the bidder used (with little hope of acquiring and organisation or succeeding to a political position) to put pressure on the target, who is then more amicable towards a rival (the actual stalker) taking over. Would't Cap's acquisition of assets if the organisation is broken up by Capp reclude this description

  2. BebopWeBop

    case not car of course.

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