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Hostile takeovers approximately never have board approval. They are decided by the owners, that's what "hostile" means. https://www.investopedia.com/terms/h/ho
by fjsolwmv 9y ago
Hostile takeovers approximately never have board approval. They are decided by the owners, that's what "hostile" means.
https://www.investopedia.com/terms/h/hostiletakeover.asp https://www.investopedia.com/terms/h/hostiletakeover.asp
- uiri 9y agoBarbarians at the Gate is a - surprisingly good - movie about the hostile takeover & leveraged buyout of RJR Nabisco. The events depicted became the poster child for the corporate greed of the 80s.