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16-03-2020
Business

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"A merger transaction is not supported by the target firm's management," forcing the acquiring company to try to gain control of the firm by buying shares in the marketplace. This is an example of ________. A. hostile takeover B. financial merger C. strategic merger D. congeneric formation

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Mona0991 Mona0991

20-03-2020

Answer:

A. hostile takeover

A hostile takeover is the acquisition of one company (called the target company) by another (called the acquirer) that is accomplished by going directly to the company's shareholders in a bid to secure shares

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