A _ is when a rich individual or organisation purchases a large proportion of the shares of a poorly performing firm and in doing so gets enough votes to replace the board of directors and the CEO.

Question

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A hostile takeover is when a wealthy individual or organization purchases a significant portion of a struggling company's shares and obtains enough voting power to remove the existing board of directors and CEO. This is often done against the wishes of the target company's management and can result in significant changes for the company's future direction.

A _ Is When a Rich Individual or Organisation Purchases