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Unfriendly Takeover

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Hostile Takeover
The acquisition of one company by another without the consent of the target company's board of directors. Generally speaking, a hostile takeover involves the acquiring company buying stock directly from shareholders, sometimes by offering a particularly high price. The acquiring company may buy up to 5% of the target company without registering the move with the SEC. See also: Friendly takeover, Corporate raider.

unfriendly takeover
The acquisition of a firm despite resistance by the target firm's management and board of directors. Also called hostile takeover. Compare friendly takeover. See also killer bee, raider.


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Monaco executives are "acting as if they're concerned about an unfriendly takeover or a takeover at an unreasonable valuation," said analyst Frank Magdlen, director of research at The Robins Group in Portland.
News" is certainly the bread and butter of b-to-b titles--what the damn government is about to do to you (or, on occasion, for you), pricing trends, "Corporation A makes unfriendly takeover bid for Corporation B," etc.
Unfriendly takeover attempts were still very rare in the country at that time and the two takeover bids were unsuccessful.
 
 
 
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