When an acquirer company does not offer the target company the proposal to acquire its undertaking but silently and unilaterally pursues efforts to gain control against the wishes of the existing management, it is called
a. Hostile Acquisition
b. Friendly Acquisition
c. Bail out Acquisition
d. None of the above
Answer:
Hostile Acquisition
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Step-by-step explanation:
company the proposal to acquire its undertaking but silently and unilaterally pursues efforts to gain control against the wishes of the existing management, it is called
a. Hostile Acquisition
b. Friendly Acquisition
c. Bail out Acquisition
d. None of the above