RE: Can Anyone Answer This6 Apr 2022 10:59
What Happens to the Target Company's Shares in a Hostile Takeover?
By ADAM HAYES
Updated June 12, 2021
Reviewed by CHIP STAPLETON
The target company in a hostile takeover bid typically experiences an increase in the price of its shares. A hostile takeover is when an acquiring company makes an offer to the target company's shareholders, but the board of directors of the target company does not approve of the takeover. Concurrently, the acquirer usually engages in tactics to replace the management or board of directors at the target company.