Hostile Takeover

Advanced 💰 Finance / Accounting

Definition

When a company tries to acquire another company against its will, which is basically corporate kidnapping with better lawyers. The target company's board will try every defense in the book, from poison pills to white knights, making it sound like a medieval fantasy novel with spreadsheets.

Example Usage

"The hostile takeover was so dramatic it had more plot twists than a Netflix series. The board deployed a poison pill, found a white knight, and someone probably flipped a table."

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