hostile takeover

(redirected from Unfriendly Takeovers)
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  • noun

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a takeover that is resisted by the management of the target company

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References in periodicals archive ?
Indeed, one business executive says that the costs of an unfriendly takeover are inevitably too high--"and we do not have an unused management pool to replace old management.
Occasionally the opposite can occur -- an unfriendly takeover attempt can become friendly when the parties agree to terms rather than conduct a proxy fight.
Family-run businesses also fear unfriendly takeovers once the company is public, he says.
However, the Service has announced that it will apply the INDOPCO decision to both friendly and unfriendly takeovers.
Stern: My interest in the subject really came about by trying to understand the phenomena of the 1970s and 80s--the unfriendly takeovers.
2) Extend current antitrust laws or pass new antitrust laws to encompass unfriendly takeovers which result in excessive concentration of business and financial assets and are judged to be in restraint of trade.