Definitions for "Friendly takeover"
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.
Keywords:  fiduciary, freeze
Fiduciary out Freeze out