Hammering
/ˈhæmərɪŋ/
Definitions
- (n.) The practice of aggressive bidding to acquire control of a company by raising the price of shares substantially above the current market value.
The shareholders were alarmed by the hammering tactics employed during the hostile takeover.
Related terms
See also
Commentary
Hammering in legal contexts often relates to hostile takeovers where bidding strategies are scrutinized under securities regulation.
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