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Hostile Takeover |
Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson | 0.01 sec. |
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Hostile takeover A takeover of a company (usually made by an open tender offer to shareholders) against the wishes of the current management and the Board of Directors by an acquiring company or raider.
Hostile Takeover What Does Hostile Takeover Mean? A takeover attempt that is resisted strongly by the targeted company. Investopedia explains Hostile Takeover Hostile takeovers are usually bad news for both companies, as the target company's employees' morale and attitude can turn quickly to animosity toward the acquiring firm. Related Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Dairy Milk maker Cadbury will face a hostile takeover bid from US food giant Kraft, according to reports. TransAlta will continue to pursue its $655-million hostile takeover bid of Canadian Hydro Developers but hasn't sweetened the pot, the independent utility and power player said Friday. It describes a particular type of hostile takeover in which the assets of the purchased company are immediately sold off (business liquidation). |
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