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hostile takeover
(redirected from Hostile Acquisition)

   Also found in: Financial, Wikipedia 0.01 sec.
hostile takeover
n.
An acquisition of a firm despite resistance by the target firm's management and board of directors.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.hostile takeover - a takeover that is resisted by the management of the target company
takeover - a change by sale or merger in the controlling interest of a corporation


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Korea National Oil Corp said it had taken control of Britain's Dana Petroleum, paving the way for the biggest hostile acquisition by a South Korean firm, and boosting the country's oil reserves.
Five months after its hostile acquisition of Cadbury, Kraft this week announced plans to close its Cheltenham HQ and shift operations to Cadbury's bases in Bournville and Uxbridge, merging the R&D, customer service and support functions of both companies.
In friendly acquisition, companies executives negotiate whereas in hostile acquisition, if the bidder continue to seek it even if the company (or target) is unwilling to agree.
 
 
 
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