unfriendly takeover

unfriendly takeover definition - business

unfriendly takeover

The acquisition of a firm despite resistance by the target firm's management and board of directors. Also called hostile takeover. Compare friendly takeover. See also killer bee, raider.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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