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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Translations
feindliche Übernahme
敵対的買収
References in periodicals archive ?
Then it was at that gathering that he told us that it was very possible that Hurwitz had the upper hand on this unfriendly takeover. The whole thing would be very much different than it was before.
This means that the idea of "stripping out" a company's assets and watching it die, as often happens in an unfriendly takeover, is planting seeds for the buyer to fail in the future.
It said that it has no intention of making an unsolicited and unfriendly takeover offer for Mellanox.
Monaco executives are "acting as if they're concerned about an unfriendly takeover or a takeover at an unreasonable valuation," said analyst Frank Magdlen, director of research at The Robins Group in Portland.
"News" is certainly the bread and butter of b-to-b titles--what the damn government is about to do to you (or, on occasion, for you), pricing trends, "Corporation A makes unfriendly takeover bid for Corporation B," etc.
To that end, it appears that just nine months after the merger was finalized, in partnership with Kolhberg Kravis Roberts & Co., the private equity firm that has become America's second-largest employer (after WalMart) through its many business holdings, he mounted an unfriendly takeover bid for Alliance Boots.
Unfriendly takeover attempts were still very rare in the country at that time and the two takeover bids were unsuccessful.
I think those are the heroic years of American higher education, ending with Nicholas Murray Butler's unfriendly takeover of Columbia University by Teachers College.
We are not an unfriendly takeover company, and we are very patient."
Occasionally the opposite can occur -- an unfriendly takeover attempt can become friendly when the parties agree to terms rather than conduct a proxy fight.
In TAM 9043003, the IRS stated that expenses incurred by a corporation to resist an unfriendly takeover attempt are deductible as ordinary and necessary business expenses under section 162.