How does a hostile takeover of a company work?
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Public companies are run by the board of directors. The board represents the shareholders (the people who own stock). The people who are operating the company (the CEO, CFO, etc) might not want to do something, for example changing a product. This other party, if they can convince the shareholders to agree (perhaps by becoming shareholders themselves) can force the CEO (perhaps by replacing them or the threat of replacing them). This is a hostile action.
A hostile “takeover” happens when the decision to be made is about selling the company to another company.
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