A Hostile Takeover Is a Method of Seizing Control of a Company

question 21

True/False

A hostile takeover is a method of seizing control of a company and involves an action taken against the opposition of incumbent management. However, this action is typically motivated by a desire to control the firm's assets and is rarely motivated by a low share price.

---

Definitions:

Minority Characteristics

Features or attributes that distinguish minority groups from the majority, often relating to race, ethnicity, culture, or social status.

Uncompromising

Not willing to make concessions or change one's position.

Numerous

A term describing a large quantity or number of items, people, or occurrences.

Unanimous

In full agreement; when all members of a group fully agree on a decision or opinion.