Takeover
A takeover occurs when one company seeks to acquire another company. Usually, a takeover refers to a hostile transaction, but it can mean a friendly merger as well. A hostile takeover refers to the acquisition of a company against the wishes of its management. Club Link, known for operating 18-hole golf courses, received a hostile takeover bid from Tri-White Corp. The Club Link management team campaigned actively to win the support and votes of more than 50% of the outstanding shareholders.
Category: HRM & Labor Studies
Previous: ← Consolidation
Next: Operating Synergy →
More from this Section
- Management consultant
Management consultant is an individual who works independently to assist and advise clients ... - Blue-Collar
Blue-collar refers to a certain kind of occupation that often involves labor as the workers ... - Termination at Will
Termination at will means that without a contract, either the employer or the employee ... - The Americans with Disabilities Act (ADA)
The Americans with Disabilities Act (ADA) of 1990 prohibits employment discrimination, ... - Veterans Benefit Improvement Act of 2004
Veterans Benefit Improvement Act of 2004 is an act signed into law by President Bush on ...