Skip to main content

corporations

hostile takeover

A hostile takeover is a type of acquisition where a company (the acquirer) takes control of another company (the target company) without the approval or consent of the target company's board of directors. In other words, the target company's management is not in favor of the takeover, hence the term "hostile".

legal person

A legal person is a human or a non-human legal entity that is treated as a person for legal purposes. A legal person is capable of engaging in all usual legal business that a real person can participate in, such as suing, being sued, owning property, and entering into contracts

Subscribe to corporations