hostile takeover
(BUSINESS) when a corporate raider attempts to take control of a corporation against the will of the management. Takeover requires a leveraged buyout typically financed with junk bonds. HOW IT WORKS The corporate raider requires a takeover vehicle to launch a hostile takeover. The takeover vehicle is usually another corporation controlled by the raider, although in recent years ESOPs have been used (e.g., Tribune Corp., 2007). The vehicle buys up a lot of shares of the target company's stock on the market, then announces it wants to acquire a controlling interest. Management opposes the takeover bid. It can (a) challenge the legality of the takeover, (b) adopt a charter that makes it hard for the takeover vehicle to run the company it's proposing to buy (a poison pill), (c) seek another buyer that is more favorable (a white knight), or (d) borrow a ton of money and buy so many shares that the stock price goes up. The raider makes a tender offer for the shares he doesn't own. At a certain point, he may acquire sufficient control that he can legally challenge the target's management to step down. WHAT CAN GO WRONG The management can use (a) or (b) successfully, or it can use (e), viz., launch a hostile takeover bid of the target vehicle. The raider can lose of lot of money if a lot of shareholders have accepted his tender offer.
The Urban Dictionary Mug
God is still alive. The existence of this mug shows there is still faith that god is dead and is listening to us. God Bless,
Gay Label Adore this. Ordered for my husband, with the second definition on the back, about the gay filmmaker. Makes a nice discussion starter.
Top notch shipping and exactly what I hoped!!
Best mug i have ever purchased! Subscribe
I love it, but of course the definition Ichose for “Unicorn” is too long and gets cut off after “someone is remarkably attractive.” Is there any way to purchase a second mug that has the rest of the quote on it? They’d make a great set as a present. Please let me know. David Tillinghast dtilling480@gmail.com
"Turtle on my name". A tribute to the 50 odd years of misheard lyrics.
My friend couldn’t stop laughing when I gave it to him!
I got mugged A man mugged me and then said I had da big gaye
I love the costume coffee mug. What can you say that's bad about it. It's your choice after all. It's the best mug and I love it😍😍😍😍❤️❤️❤️❤️
these mugs are amazing. I can't
My Power Bottom Queen loves her eggplant colored mug and I let her celebrate her title whenever she so chooses
I use black hobby paint & small brush to add recipient’s name to back of mug (which I requested be left blank - thank you!). This is a terrific gift for hard-to-buy-for slightly warped friends! BG
good mug but why does it sometimes say creepy things to me kinda sus ngl
up ya bum
Fast shipment Better than expected!
Customer service was very responsive and helpful
Wowzers
Every web purchase should be this easy! Love it!
Great quality, although a high price for a mug! Printed really nicely and came out really well. $30 worth the laugh.
High quality finish
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