Category: Business
Created by: Sanket0510
Number of Blossarys: 22
Tactic to deter a hostile takeover, in which a company sells off its most attractive assets to a friendly third party or a spin-off company. By doing so, the purchase of the company will seem ...
Repurchase by a company of shares acquired by a raider, with a view to preventing a complete takeover. Usually involves payment of a price considerably above the market value of the shares involved.
Acquisition when the initial bid was unsolicited, the target was not seeking a merger at the time of the approach, the approach was contested by the target’s management, and control changed hands.
A firm that is the object of a takeover by another firm.
A potential acquirer that is viewed more favorably by a target firm’s management and board than the initial bidder.