Posted in Finance, Accounting and Economics Terms, Total Reads: 599
Definition: Hostile Takeover
Hostile Takeover is an acquisition strategy in which the acquirer company takes over the to-be-acquired company not by having a proper agreement with the board but rather by approaching the shareholders for approval.
Hostile Takeover can be a safe or a tricky bet on case to case basis. Sometime in hostile takeover, there may be some information which may not be available directly to acquirer because of target company's non-cooperation which may prove an issue late on.