Hostile merger
Hostile merger is a merger that occurs when the management of the target company resists the offer.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Hostile merger. Occurs when the management of the target company resists the offer.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Hostile merger. A merger in which the target firm's management resists acquisition.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.