In those days, a hostile raider typically offered the stockholders not cash but securities and other financial instruments.
Our relationship with clients hadn't suffered from having a South African as a shareholder; why should it suffer from an association with a hostile raider?
Our business may even have benefited from an association with a hostile raider.
In 1840, hostile raiders struck, killing 16 neophytes and burning the mission.
Moreover, he said, many companies, wary of potential hostile raiders, also have seized the initiative by announcing buybacks.
Poison pills are anti-takeover devices that are supposed to keep hostile raiders from accumulating large stakes.
The idea was that the combined group would be too large for a hostile raider.
He is no longer frowned on as a hostile corporate raider.
In brief, it requires a hostile raider to wait five years before completing a merger.
The only way a hostile raider can proceed sooner is by obtaining board and shareholder approval.