Hostile bid

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Updated: Aug 20, 2021

A takeover bid whose acceptance is opposed by the directors of a company. A bid may be opposed because the directors feel that the company is better off independent, through concern for their own job security, or because they hope to get a higher offer either from the present or a rival bidder.

Reference: Oxford Press Dictonary of Economics, 5th edt.



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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.