| hostile takeover n. An acquisition of a firm despite resistance by the target firm's management and board of directors. |
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.
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The Wacky World of M&As
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See also: Takeover