friendly takeover

Consensual corporate buyout

A friendly takeover is an acquisition of one company by another that proceeds with the approval and cooperation of the target company's board of directors.

Unlike a hostile takeover, where the acquiring company bypasses resistant management, a friendly takeover involves negotiated terms acceptable to both sides: The merger began as a friendly takeover, with both boards recommending shareholder approval.

Related

handshake deal · negotiation · due diligence · stockholders · shareholder vote · board · board approval · deal · corporate · alliance · agreement · suitor · target · offer · premium · synergy · consolidation · welcome

Categories
Opposites
cooperation vs. hostility in acquisition

friendly takeoverhostile takeover

Unwanted corporate buyout attempt

hostile acquisition · hostile bid · corporate raid · bear hug · dawn raid

acquisition vs. divestiture

friendly takeoverdivestiture

Disposal of assets

spin-off · sell-off · carve-out · demerger · disposal

corporate change vs. stability

friendly takeoverindependence

Freedom from external control

status quo · poison pill

Family

friendly, takeover, friend, take, over, friendliness, friendless, befriend, unfriendly

Familiarity
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