bear hugbear hug
(plural bear hugs)
- any especially large, tight or enthusiastic hug, usually friendly and especially between men
- Granddad scooped up the child in a big bear hug.
- in business, a hostile takeover effort in which one firm offers to buy the other firm at a share price too high to refuse
- in wrestling, a hold with the arms around the opponent
bear hug - Investment & Finance Definition
An uninvited takeover attempt that offers such a large premium for the target’s shares that the board of directors of the target company has no alternative but to vote in favor of the acquisition or face the wrath, and lawsuits, of shareholders.