Hostile Takeover definition

Hostile Takeover means a transaction or series of transactions that results in any person acquiring Beneficial Ownership of more than 50% of the combined voting power of the Company’s then outstanding Voting Securities without the approval of the Board.
Hostile Takeover means any transaction (or one or more related transactions) pursuant to which any “Person” (as such term is used in Sections 13(d) and 14(d) of the Act) is or becomes the “Beneficial Owner” (as defined in Rule 13d-3 under the Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s outstanding voting securities without regard to whether the Board has approved such acquisition(s).
Hostile Takeover means any Change in Control which at any time is declared by at least a majority of the Board, directly or indirectly, to be hostile or not in the best interests of the Company, or in which an attempt is made (irrespective of whether successful) to wrest control away from the incumbent management of the Company, or with respect to which the Board makes any effort to resist.

Examples of Hostile Takeover in a sentence

  • Case Study:“American Cyanamid (A): Boardroom Response to a Hostile Takeover Offer” Case #9‐897‐048 Session 12.

  • Key sub‐sectors that have been identified for greatest import substitution potential include livestock and fruits and vegetables.

  • Extended Hours Two O’ Clock Option: All class D, E, F, G, and K liquor license holders who are eligible for a supplemental extended option license under this section and not located in the “Downtown Security Area” may apply for an “Extended Hour Two O’clock (2:00) a.m. License Option”.

  • Peters, Protection Against Hostile Takeover and the Exercise of Shareholder Voting Rights in Switzerland, 11 U.

  • Pinto, The Internationalization of the Hostile Takeover Mar- ket: Its Implications for Choice of Law in Corporate and Securities Law, 16 BROOK.


More Definitions of Hostile Takeover

Hostile Takeover means a change in ownership of the Company effected through the following transaction:
Hostile Takeover means a Takeover that the directors of SmarTire recommend to shareholders to reject in a management circular;
Hostile Takeover means a change in ownership of the Company effected through a transaction in which:
Hostile Takeover means either of the following events effecting a change in control or ownership of the Company:
Hostile Takeover as hereinafter defined is declared.
Hostile Takeover means a change in ownership of the Corporation effected through the acquisition, directly or indirectly, by any person or related group of persons (other than the Corporation or a person that directly or indirectly controls, is controlled by, or is under common control with, the Corporation) of beneficial ownership (within the meaning of Rule 13d-3 of the 1934 Act) of securities possessing more than fifty percent (50%) of the total combined voting power of the Corporation’s outstanding securities pursuant to a tender or exchange offer made directly to the Corporation’s stockholders which the Board does not recommend such stockholders to accept.
Hostile Takeover means an event occurs which triggers the issuance of rights pursuant to the terms and conditions of any Rights Agreement adopted by Company.