In ________________, managers of the acquired firm generally are fired, and who are able to stay on lose the power they had prior top the acquisition.

Question

Quizplus · Accepted Answer

In a hostile takeover, the acquiring company comes in aggressively and often removes the existing management team. Those who are able to stay on may be given new roles and diminished authority. A prison pill and adverse takeover are not common terms in mergers and acquisitions, and an antagonistic prison does not make sense in this context.

In ________________, Managers of the Acquired Firm Generally Are Fired