hostile takeover(redirected from Hositle Takeover)
Also found in: Dictionary, Thesaurus.
Related to Hositle Takeover: poison pill
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.
See unfriendly takeover.