hostile takeover

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Related to hostile takeover: poison pill

hostile takeover

An acquisition of a firm despite resistance by the target firm's management and board of directors.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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Noun

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

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References in periodicals archive ?

On this day 19 years ago, Swedish company OM Group made a $1.2-billion hostile takeover bid for the London Stock Exchange.

This Day In Market History: OM Group Makes Hostile Takeover Bid For LSE

Summary: Mumbai (Maharashtra) [India], July 18 (ANI): Group Chairman of Larsen & Toubro A M Naik on Thursday took over as Non-Executive Chairman at Mindtree, just a few weeks after the engineering conglomerate acquired the Bengaluru-based IT company in a hostile takeover.

L&T Chairman A M Naik named as Non-Executive Chairman at Mindtree

A rights agreement, which is used as an anti-takeover strategy in anticipation of a hostile takeover attempt, is often referred to as a "poison pill." In early trading, RPM International shares are up 97c, or 1.5%, to $64.90.

RPM up in early trading after eliminating 'poison pill' provision

South Africa's major opposition party has said that it would prevent a hostile takeover of the central bank (SARB).

South African party vows to prevent central bank takeover

The Czech Republic was chosen as a springboard for Chinese investment in Europe with politicians easing the way.What should have been a gateway for the Chinese into the European market ended with a partial hostile takeover of a Chinese firm and threats on Twitter.

Chinese capital forges a bumpy road into Europe through the Czech Republic

Summary: TEHRAN (FNA)- Russian Foreign Ministry Spokeswoman Maria Zakharova wrote on her Facebook page on Wednesday US officials' intrusion into the Russian consulate in Seattle, Washington, is a hostile takeover.

Diplomat Calls Intrusion into Russian Consulate in Seattle 'Hostile Takeover'

GKN, based in Redditch, is set to discover whether investors have accepted a hostile takeover proposal from Birminghambased Melrose Industries.

PM urged to act on GKN takeover bid

China Vanke Co., the mainland's largest property developer by sales, said Friday it will acquire a unit of Shenzhen Metro Group for 45.6 billion yuan ($6.9 billion) via a new share issue, in a possible attempt to ward off a potential hostile takeover.

China Vanke Buys Shenzhen Metro Unit For $6.9B

The Bill and Melinda Gates Foundation Trust (Gates Foundation) and Cascade Investment (Cascade) have called on Saint-Gobain to extend the terms of its hostile takeover bid for construction chemicals giant Sika to all of its shareholders.

Saint-Gobain urged to extend Sika offer

The company's previous board resigned on February 20 amid an ongoing hostile takeover dispute.

CAT Oil elects new supervisory board

In particular hostile takeover attempts have mostly failed and the number of hostile takeovers remains very low.