Hostile Takeover
/ˈhɒstaɪl ˈteɪkˌoʊvər/
Definitions
- (n.) The acquisition of a company or asset against the wishes of its management and board, typically by purchasing a controlling stake in the target company.
The corporation pursued a hostile takeover after the board rejected its initial offer.
Forms
- hostile takeovers
Related terms
See also
Commentary
Hostile takeovers often involve tactics such as tender offers or proxy battles to circumvent target management opposition.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.