hostile takeover

Unwelcome acquisition attempt

A hostile takeover is the acquisition of a company against the wishes of its management and board of directors.

The acquiring company bypasses leadership by going directly to shareholders—typically through a tender offer to buy their stock at a premium.

The board urged shareholders to reject the hostile takeover bid.

The phrase extends to any unwelcome seizure of control: Her sister's arrival felt like a hostile takeover of the kitchen.

corporate

acquisition

Act of obtaining something

corporate raid · poison pill · white knight · shark repellent · golden parachute · greenmail · scorched earth · bear hug · dawn raid

defense

poison pill

Defense against hostile takeovers

scorched earth · greenmail · recapitalization

power

boardroom coup

Forcible change in leadership

contested election · voting rights · fiduciary duty · corporate governance · change of control

market

sell-off

Rapid mass divestiture

arbitrageur · short selling · debt financing · regulatory scrutiny · SEC filing · due diligence

Categories
Opposites
transaction cooperativeness

hostile takeoverfriendly merger

Mutually agreed company union

friendly takeover · strategic partnership · joint venture · strategic alliance · collaboration

corporate action type

hostile takeoverdivestiture

Disposal of assets

spin-off · management buyout · going private · demerger

Family

hostile, hostility, takeover, hostilities, hostilely, hostiles, takeovers

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated PG