hostile takeover

  

Definition

Acquiring a firm despite the disapproval of, or open resistance from, its board of directors. The acquirer ('raider') usually takes the takeover offer direct to the target firm's stockholders (shareholders) or seeks their approval to remove the obstructing board members.

Use hostile takeover in a sentence

  • The hostile takeover was almost complete finally and the face of the industry was almost completely changed for the better.

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  • Sometimes businesses get new leadership and its not always in the friendliest way but you must deal with the hostile takeover.

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  • If you ever find yourself in the middle of a hostile takeover in the business world you must align yourself with the winning side.

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