Friendly Takeover
/ˈfrɛn.dli ˈteɪkˌoʊ.vər/
Definitions
- (n.) A corporate acquisition negotiated with and approved by the target company's board, reflecting cooperation rather than hostility.
The acquiring company secured a friendly takeover, avoiding a protracted bidding war.
Related terms
Commentary
A friendly takeover contrasts with a hostile takeover by involving the target company's consent, often streamlining the acquisition process.
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