Who is considered hostile in a hostile takeover?
A)the targeted company's management
B)the company that is trying to acquire the other company
C)the targeted company's board of directors
D)a and c

Question

Quizplus · Accepted Answer

In a hostile takeover, the targeted company's management and board of directors are considered hostile because they oppose the takeover attempt, whereas the company attempting the acquisition is the aggressor.

Who Is Considered Hostile in a Hostile Takeover