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Just because one person doesn't want it doesn't make it a hostile takeover. If the board votes for it and a majority of shareholders approve (as would seem to b
by brainflake 11y ago
Just because one person doesn't want it doesn't make it a hostile takeover. If the board votes for it and a majority of shareholders approve (as would seem to be the case in your example) then it's definitely not hostile.
- simonswords82 11y agoSure you can take that view, you're absolutely right that the exact definition of a hostile takeover is one that is carried out against the wishes of the board. Having said that...if I'm the minority and I don't agree with the takeover then as far as I'm concerned, it's hostile! :)