Asked by Abigail Dupont on May 14, 2024
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A company seeking to fight off a hostile takeover might employ the services of an investment banking firm to develop a defensive strategy.
Hostile Takeover
An acquisition attempt by a company or individual without the consent or cooperation of the target company's board of directors.
Investment Banking Firm
An establishment engaged in finance that helps people, businesses, and government bodies acquire funds by underwriting or serving as the representative of the client in the release of securities.
Defensive Strategy
A business approach aimed at protecting the existing market share, products, and profitability against competitors' actions.
- Gain insight into methods of safeguarding against unsolicited acquisition efforts.
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Learning Objectives
- Gain insight into methods of safeguarding against unsolicited acquisition efforts.
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