Hostile Bid

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Dictionary Says

Definition of 'Hostile Bid'

A specific type of takeover bid that is presented directly to the target firm's shareholders because the target's management is not in favor of the deal. A hostile bid is usually presented through a tender offer, under which the acquiring company offers to purchase the common shares of the target at a substantial premium. Simply put, a hostile bid is the bid offered in a hostile takeover.
Investopedia Says

Investopedia explains 'Hostile Bid'

Hostile bids can mean major changes for the organizational structure. Despite target management objections, shareholders face a situation similar to a prisoners' dilemma, where only those that accept the tender are guaranteed to enjoy the premium price. If the board pursues defensive action to stop the merger, a proxy fight can occur where the acquirer will often attempt to convince the target shareholders to replace management.
Search results for

'Hostile Bid'

  • Fertilizer Industry Sees Bright Spring

    http://stocks.investopedia.com/stock-analysis/2010/Fertilizer-Industry-Sees-Bright-Spring-CF-TRA-BG-VALE-AGU0217.aspx
    ... (For more, check out The Wonderful World Of Mergers.) For over a year, CF had been
    in a hostile bid to acquire Terra, but abandoned the effort earlier in 2010. ...

  • What is a staggered board?

    http://www.investopedia.com/ask/answers/05/staggeredboard.asp
    ... shareholders. They get to sell their shares for more money after a hostile
    bid than they would have before it occurred. According ...

  • Casey’s Justifying Its Independence

    http://stocks.investopedia.com/stock-analysis/2012/Caseys-Justifying-Its-Independence-CASY-PTRY-KR-SUSS0312.aspx
    ... Backing out charges in last year's quarter due to spending to fend off a hostile
    takeover bid, management estimated that year-over-year third quarter earnings ...

  • Abbott’s New Addition

    http://stocks.investopedia.com/stock-analysis/2010/Abbotts-New-Addition-ABT-FACT-OSIP-BIIB0311.aspx
    ... Another Oncology Deal Last week, the Japanese drug maker Astellas launched
    a hostile bid for OSI Pharmaceuticals (Nasdaq:OSIP). ...

  • Sanofi Ups The Pressure On Genzyme

    http://stocks.investopedia.com/stock-analysis/2010/Sanofi-Ups-The-Pressure-On-Genzyme-SNY-GENZ-SHPGY-PLX-ISIS0901.aspx
    ... It is not exactly a hostile bid, but French drug company Sanofi-aventis (NYSE:SNY)
    has certainly stepped up its efforts to acquire American rare disease drug ...

  • Invest In Potash

    http://stocks.investopedia.com/stock-analysis/2010/Invest-In-Potash-BHP-POT-AGU-CF-WPX.V-KCL.TO1028.aspx
    ... Following BHP Billiton's (NYSE:BHP) hostile bid for Potash Corp. of Saskatchewan
    (NYSE:POT) , much attention has turned to speculation ...

  • Potash And BHP Billiton - Is This The Start Of The Next Leg Up?

    http://stocks.investopedia.com/stock-analysis/2010/Potash-And-BHP-Billiton---Is-This-The-Start-Of-The-Next-Leg-Up-POT-BHP-CF-MOS-AGU-VALE0819.aspx
    Potash finds itself the target of a hostile bid.
    Will a compromise let everybody win? ...

  • Invest In Potash

    http://stocks.investopedia.com/stock-analysis/2010/Invest-In-Potash-BHP-POT-AGU-CF-WPX.V-KCL.TO1028.aspx?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3a+StockAdvice+(Investopedia+Stock+Analysis)
    ... Following BHP Billiton's (NYSE:BHP) hostile bid for Potash Corp. of Saskatchewan
    (NYSE:POT) , much attention has turned to speculation ...

  • When is a takeover bid legally canceled?

    http://www.investopedia.com/ask/answer/07/bidcancelled.asp
    ... Feedback Feedback. When is a takeover bid legally canceled? When a firm makes an
    official bid to take over a target company, a legal offer is created. ...

  • Teva And Cephalon Solve Each Other's Problems

    http://stocks.investopedia.com/stock-analysis/2011/Teva-And-Cephalon-Solve-Each-Others-Problems-TEVA-CEPH-PFE-ABT-NVS0504.aspx
    ... The Terms Of The Deal Unlike Valeant's (NYSE:VRX) attempt at a hostile bid (or its
    thus far unsuccessful attempt to find a friendly agreement with Cephalon's ...

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