Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,897,983,903 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Hostile Tender Offer
(redirected from Hostile bid)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Hostile Tender Offer
In a hostile takeover, an offer to buy the target company's stock from shareholders. A hostile tender offer occurs when the target company's board of directors has recommended that shareholders not sell, and it will usually try to make a better offer than the hostile tender offer to buy out shareholders and avoid being taken over. The success of a hostile tender offer depends on how high it is compared to what the board of directors is willing to offer. See also: Antitakeover measure.

hostile tender offer
An offer to purchase shares from a firm's stockholders when directors of the target firm have recommended that stockholders not sell their stock. Hostile tender offers sometimes cause the directors of the target company to seek a better offer from another party. Compare tender offer. See also unfriendly takeover.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Byline: Jon Griffin KRAFT Foods were today given a November 9 deadline for an pounds 11 billion plus hostile bid for Cadbury after the British confectionery giant rejected its earlier offer.
But it also hinted at a hostile bid by reserving the right "to pursue all necessary steps" to win over the firm's shareholders if the deal was opposed.
The company said that Rio's bid trumped a hostile bid by another rival in the aluminum sector, Alcoa.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.