from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun An acquisition of a firm despite resistance by the target firm's management and board of directors.
from the GNU version of the Collaborative International Dictionary of English.
- noun (Finance) the purchase of a controlling interest in a publicly-traded company against the wishes of the current management.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun An
attemptedtakeover of a companythat is strongly resistedby the targetcompany's management.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a takeover that is resisted by the management of the target company
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