Corporate takeover
Term · Law · MLC-T-LAW-001322
The acquisition of control of one company by another, either through a friendly agreement or a hostile bid. In a friendly takeover, the target company's board of directors approves the acquisition. A hostile takeover occurs when the acquiring company attempts to gain control without the target's board approval, often by making a direct offer to shareholders.
| Identifier | MLC-T-LAW-001322 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001322",
"term": "Corporate takeover",
"field": "Law",
"definition": "The acquisition of control of one company by another, either through a friendly agreement or a hostile bid. In a friendly takeover, the target company's board of directors approves the acquisition. A hostile takeover occurs when the acquiring company attempts to gain control without the target's board approval, often by making a direct offer to shareholders.",
"url": "https://mlchart.com/terminology/law/corporate-takeover/"
}
Record 1,170 of 5,439 in Law terminology (MLC-0107). Request the full dataset.