friendly takeover

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Friendly takeover

Merger when the target firm's management and board of directors is in favor of the takeover. Antithesis of hostile takeover.

Friendly Takeover

The acquisition of one company by another with the full knowledge and consent of the target company's board of directors. Generally speaking, a friendly takeover requires the approval of shareholders in addition to the board of directors, but, in this case, shareholders tend to follow the board's lead. This is because, in a friendly takeover, the acquiring company offers a premium to the current stock price for each share. See also: Hostile takeover.

friendly takeover

The acquisition of a firm with approval of the acquired firm's board of directors. Compare unfriendly takeover.
References in periodicals archive ?
The centre was presented with its accreditation certificate by Brian Rowcroft, Project Lead Dementia Friendly Middlesbrough, Redcar and Cleveland.
"It is a distinction and honor for Oakton to be recognized as a Military Friendly School," says Academic Advisor Brooke Roche, who serves as veteran's liaison in Oakton's Office of Advising, Transitions and Student Success.
Characteristics: Smaller Lab, fun, very friendly, food focused, a cuddler.
Friendly did not immediately respond to Geek's request for comment.
Friendly - TLC Rentals & Leasing also plans on personalizing their services, to fit the specific needs of the TLC drivers; and with a new and larger parking space, drivers will find parking to be a stress-free task.
Dean Foods said that the acquisition of Friendly's Ice Cream is expected to be immediately accretive to margins and earnings, and Dean Foods expects that the acquisition will add approximately USD 0.06 earnings per share accretion in 2016.
Friendly's LWM2M GA release supports DTLS for security and all eight-object models: L2M2M Security, L2M2M Server, Access Control, Device, Connectivity Monitoring, Firmware, Location, and Connectivity Statistics.
It is safe to say that Friendly's liabilities must have been greater than the value of its assets -- that is the definition of bankruptcy.
Friendly's pre-judicial career would have been something to be proud of even if he had never ascended to the bench.
The Sharjah Baby Friendly Emirate Campaign was initiated in March 2012 under the patronage of Shaikha Budoor Bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) and president of the campaign.
This consumer dilemma is an opportunity for innovation on the part of retailers: 51 percent of shoppers say it's extremely or very important to choose a retailer that's environmentally friendly.
Friendly said his trouble in the department began two years ago when he learned that funds from two major endowments were being improperly shifted around.