friendly takeover

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Noun1.friendly takeover - a takeover that is welcomed 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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One is a friendly acquisition. This occurs when the target agrees to be acquired at the right price.
"The friendly acquisition of a stake in ProSiebenSat.1 is a long-term choice, aimed at creating value with an increasingly international outlook," he added.
9 January 2019 - Canadian miner Great Panther Silver Ltd (TSX: GPR) (NYSE American: GPL) has filed its management information circular in respect of the friendly acquisition of Australia-based Beadell Resources Ltd.
As noted in the press release dated September 23, 2018 announcing Great Panther's friendly acquisition of Beadell, the closing of the acquisition is conditional upon certain arrangements relating to Beadell's outstanding $10M convertible debentures.
AxFlow Limited has announced the friendly acquisition of Crest Process Engineering Limited, Radstock as of the 1st October 2018.
The friendly acquisition, a $933-million all-stock deal, was first announced Sept.
According to SPG, it made multiple attempts to discuss a proposed friendly acquisition with Macerich leaders--"including meetings in December 2014 and February 2015 following the disclosure of our investment in November," said David Simon, SPG's chairman and chief executive officer.
He would be a cap friendly acquisition and young enough to develop for the future when Bryant eventually calls it a career," (http://nbaarena.com/en/news/4723/la-lakers-target-lance-stephenson-kyle-lowry-as-free-agents) NBA Arena reported.
That brings the friendly acquisition bid to the government's doorsteps, which is expected to make its decision sometime in November according to regulations, unless the expected deal gets into the political wrangling and a public hearing is called for.
The friendly acquisition scheme represents "an effective and efficient" deal for Dai-ichi Life with minimized executive and post-deal management risks, the group said.