takeover

A takeover, or merger and acquisition (M&A), occurs when one firm takes control of another firm, typically through the purchase of a majority of the target firm’s shares. Takeovers can be friendly, in which the target firm’s management and board of directors approve of the transaction, or hostile, in which the target firm’s management and…

A hostile takeover, also known as a hostile acquisition, occurs when an acquiring company attempts to take control of a target company against the wishes of the target’s management. Hostile takeovers can be complex and challenging to defend against, but there are several strategies that companies can employ to avoid or deter them. One of…