Macy was not under the threat of the poison pill since the Federated directors approved its bid on March 2.

However, once he did apply, the other owners knew that he would lend the upstart league instant credibility and quickly approved his bid.

Still, by the time the board approved his final bid, the price had jumped from the initial management offer of $40.50 to an estimated $53.50.

That raised its offer to about $26 billion-- and it noted that the F.T.C. had already approved its bid.

So now, the shareholders have to decide whether to approve JER's bid of $2.475 a share at a meeting called for Sept. 27.

In the fall of 1932, the NHL formally approved Norris' bid to acquire the team from the receiver.

A bankruptcy court has approved Google's $900 million bid for a large chunk of Nortel's patent portfolio.

Clearing up accounting questions has become a prerequisite for regulators to approve Qwest's bid to enter the long-distance phone business in its home region.

If the Government approves the company's bid, an application will be made in 1991 for a parliamentary bill.

Yesterday Seagram had a board meeting possibly to approve its bid, several people close to the talks said.