'hostile takeover' definitions:
Definition of 'hostile takeover'
(from WordNet)
noun
A takeover that is resisted by the management of the target company
Definition of 'hostile takeover'
From: GCIDE
- hostile takeover \hostile takeover\ n. (Finance) the purchase of a controlling interest in a publicly-traded company against the wishes of the current management.
- Note: A person who is the main principal in performing such a buyout is called a corporate raider.
- Syn: hostile buyout. [PJC]
Definition of 'hostile takeover'
From: GCIDE
- takeover \take"o*ver\ n. (Business, Finance) The acquisition of ownership of one company by another company, usually by purchasing a controlling percentage of its stock or by exchanging stock of the purchasing company for that of the purchased company. It is a hostile takeover if the management of the company being taken over is opposed to the deal. A hostile takeover is sometimes organized by a corporate raider.
- Syn: acquisition, buyout [WordNet 1.5]