hostile bid

Aggressive buyout attempt

A hostile bid is an attempt to acquire a company against the wishes of its management or board of directors.

The bidder goes directly to shareholders, typically offering to buy their shares at a premium.

The board urged shareholders to reject the hostile bid.

Companies may deploy defenses like poison pills or seek a friendlier buyer—a "white knight"—to fend off unwanted suitors.

Related

shark · shark repellent · target · crown jewels · defense · poison pill · dead hand · scorched earth · merger · buyout · aggressive · unwanted · predator · bear hug · stockholder · proxy · boardroom · golden parachute

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Opposites
acquisition approach

hostile bidfriendly merger

Mutually agreed company union

friendly takeover · strategic partnership · joint venture · organic growth · minority stake

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