Definition and Citations:
A hostile buyer who tries to buy another company. They usually strip assets or get greenmail payments. This was common in the 1980s but there are still buyers like this out there. Refer to hostile takeover.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A hostile buyer who tries to buy another company. They usually strip assets or get greenmail payments. This was common in the 1980s but there are still buyers like this out there. Refer to hostile takeover.