unfriendly takeover

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Related to unfriendly takeover: hostile takeover, hostile tender offer, Hostile Acquisition, Hostile bid, Take Over Bid

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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However, the Service has announced that it will apply the INDOPCO decision to both friendly and unfriendly takeovers.

The impact of INDOPCO on subsequent rulings

The buyout, if successful, will turn World into a privately owned company as a step to discourage an unfriendly takeover.

World finishes tender offer for MBO, to release results Friday

With the management buyout scheme aimed at discouraging an unfriendly takeover, World plans to delist its stock possibly in November.

Apparel maker World successfully completes tender offer

Among the accomplishments that Turley remembers most vividly is his battle, in 1985, to save Eckerd from an unfriendly takeover, a battle that ended with the 1986 leveraged buyout that took the public company private.

Turley honored for life's work

In the process, he saved Peoples from an unfriendly takeover by another chain drug executive.

CDR honors Fantle for achievements

In stark contrast to the mid-1980s, when its earnings fell and it had to fight off an unfriendly takeover, Eckerd used its financial resources during 1989 to acquire three chains: the 16-store Dunaway Drug Stores chain, based in Marietta, Ga.

Acquisitions bolster Eckerd market share

Unlike Tribune, Gannett and, lamentably, the late Knight Ridder, these companies are protected from unfriendly takeovers because family and management maintain control through non-trading voting stock.

Private moment: twelve daily newspapers made the trek from public to private ownership as a result of the Knight Ridder breakup. Is this a trend that will continue?

In the 1980s the show followed the news, such as insider-trading scandals, and also trends, like unfriendly takeovers.

Public televisions national news skein celebrates 20 years covering Wall Street to Main Street: market shopping for bulls, bears: long before it became trendy, `NBR' kept consumers abreast of economy. (Nightly Business Report)

Family-run businesses also fear unfriendly takeovers once the company is public, he says.