If the other party agrees, they start a blind bidding process whereby both parties make secret offers or bids, which will only be disclosed if both offers match certain standards.
Should the Rangers make an offer and the Red Wings match it, the Rangers would lose nothing.
Santos president Luis Oliveira recently announced that Ganso could go if "the offer matches our expectations" before adding that the club had yet to receive a bid.
Fox tried to sell the divisional series games to ESPN or Turner Sports, but the offers did not match their financial expectations.
The bids and offers are matching, moving up in chunks at the speed of an overcaffeinated Pac-Man.
In the first two areas, it walked away from limited accords, saying the offers by its partners were inadequate and did not match its own.
Kaushal's offers to give blood but his type does not match.
Many transit workers have said the authority's offer barely matches inflation in a year that the authority had a $1 billion surplus.
Our offer matches our evaluation.
Finally Mr. Sosnoff had trouble convincing the Street that his offer of $35 a share in cash and securities matched the company's plan.