10/31/2023 0 Comments Hostile takeover definition![]() ![]() The takeover vehicle is usually another corporation controlled by the raider, although in recent years ESOPs have been used (e.g., Tribune Corp., 2007). ![]() HOW IT WORKS The corporate raider requires a takeover vehicle to launch a hostile takeover. Takeover requires a leveraged buyout typically financed with junk bonds. (BUSINESS) when a corporate raider attempts to take control of a corporation against the will of the management.
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