Exchange Currency

hostile bid

An initial offer aimed at taking over a target company against the wishes of the target company's management team and/or board of directors. Hostile bids usually offer premiums to current stock prices in hopes of buying stocks directly from stockholders.

Related information about hostile bid:
  1. Takeover - Wikipedia, the free encyclopedia
    In business, a takeover is the purchase of one company (the target) by another ( the acquirer, or bidder). In the UK, the term refers to the acquisition of a public ...
     
  2. Hostile takeover bid
    Hostile takeover bid. A hostile takeover bid is one that is made despite the opposition to it expressed by the directors of the target (the company that would be ...
     
  3. Hostile Bid Definition | Investopedia
    A specific type of takeover bid that is presented directly to the target firm's shareholders because the target's management is not in favor of the deal. A hostile bid ...
     
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    In a hostile takeover, an offer to buy the target company's stock from shareholders . A hostile tender offer occurs when the target company's board of directors has ...
     
  5. What is hostile bid? definition and meaning
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  6. Sinopec, ENN's $2.15 Billion Hostile Bid for China Gas Collapses ...
    Oct 15, 2012 ... Sinopec and gas supplier ENN Energy Holdings lost a nearly yearlong hostile battle in a $2.15 billion bid for China Gas, a small natural-gas ...
     
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    Jan 24, 2012 ... Roche is trying to buy its way into the DNA race for the second time -- and perhaps a technology is coming of age.
     
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    Oct 19, 2012 ... Indian Hotels: No hostile bid to buy Orient-Express - A day after making an " unsolicited" offer to take over Orient-Express, Indian Hotels today ...