Takeover which is supported by the management of the target company. opposite of hostile takeover.
A merger supported by management and directors of the target company. The board of directors recommends to shareholders the acceptance of the takeover offer since it represents fair values for the company's shares. The acquiring company often retains many existing mangers.
a takeover which is not contested by a company's board of directors.
Merger when the target firm's management and board of directors is in favor of the takeover. Antithesis of hostile takeover.
a takeover that is welcomed by the management of the target company
An acquisition of one company by another in which the boards of both companies agree to the terms of the transaction.