bear hug

bear hug definition - finance
An uninvited takeover attempt that offers such a large premium for the targetÂ’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.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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