Are Hostile Takeovers Legal?

Are Hostile Takeovers Legal?

1 Answer

  1. Yes Rayon, hostile takeovers are absolutely legal. A hostile takeover is the acquisition of one company by another without approval from the target company’s management. They are not really bad unless they are putting a harm to shareholders. They are called hostile because the board of directors, or those in control of the company like managers, generally oppose being bought out and typically reject a more formal offer, compelling the other company to follow harsh tactics.

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