When an acquirer company takeovers the control over the other company against the wishes of targeted company's management considered as ____________
A)Merger
B)Friendly Takeover
C)Hostile Takeover
D)Demerger

Question

Quizplus · Accepted Answer

A hostile takeover occurs when an acquirer company takes control over another company (target) against the wishes of the target company's management. This is in contrast to friendly takeovers, where both companies agree on the acquisition terms.

When an Acquirer Company Takeovers the Control Over the Other