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hostile takeover

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hostile takeover  
n.  An acquisition of a firm despite resistance by the target firm's management and board of directors.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Hostile Takeover

A takeover attempt that is strongly resisted by the target firm.

Investopedia Commentary

Hostile takeovers are usually bad news, as the employee moral of the target firm can quickly turn to animosity against the acquiring firm.

Related Links

The Wacky World of M&As
What Are Corporate Actions?

See also: Takeover

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

hostile takeover

See unfriendly takeover.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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