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Definitions from the Web

Term: Friendly Takeover

Definition: A friendly takeover refers to the acquisition of a company where the target company's management and board of directors willingly agree to the acquisition terms. Unlike a hostile takeover, a friendly takeover occurs with mutual consent and cooperation between the acquirer and the target company.

Examples:

Noun (Corporate):

• The board of directors of XYZ Corp approved a friendly takeover deal by ABC Corp.
• During the friendly takeover, the target company's CEO reassured employees of a smooth transition.

Noun (Informal):

• After enjoying their success in the local market, the small bakery initiated a friendly takeover of a nearby café to expand their business.
• John and Tom agreed upon a friendly takeover of their joint venture, allowing John to take full control of the company.

Related Products:

To explore books and resources related to takeovers and corporate acquisitions, check out the following links on Amazon:

• Corporate Takeovers
• Mergers and Acquisitions
• Successful Business Strategies