Hostile bid

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
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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.