Friendly Takeover

Definition

• An acquisition where one company purchases another and the management of the target company approves of the purchase.

Related Terms and Acronyms

• Annex — Definition,
  • To add one thing onto another.
• Backflip Takeover — Definition,
  • A form of takeover where the purchasing company becomes a subsidiary of the purchased company.
• Hostile Takeover — Definition,
  • When a company purchases another but the target company's management does not approve.
• Reverse Takeover — Definition,
  • The purchase of a public company by a private company, often to avoid the IPO process.
• Takeover — Definition,
  • The purchase of a company by another.