What Does "Hostile Takeover" Mean?

By Laura Northrup on November 20, 2009 11:45 PM 8156 views

—>Does the phrase "hostile takeover" give you a mental picture of Vikings swarming into an office building and taking over by brute force? The term is in the news due to proposed takeovers of Cadbury and Barnes & Noble, but that's not quite what the term means. Marketplace's Paddy Hirsch and his trusty whiteboard explain.