It’s basically when a company that isn’t interested in being acquired by a larger gets acquired by a larger company anyway.
That’s what makes it hostile, it’s very one-sided in terms of consent.
The most common method of it happening is when the bigger company just buys a controlling percentage of the smaller company’s stock, and then using stockholder measures implements the changes they want in the smaller company until the takeover becomes complete and the smaller company becomes a part of the larger one.
Latest Answers