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Variety of studies shown that hostile takeovers actually are efficient.“Hostile takeover usually involves a public offer of a specific price, usually at a substantial premium over the prevailing market price, for a substantial percentage of the target firm’s stock” (Jarrell, n.d.). This type of takeover is called hostile because it goes against the wishes of the target company’s management and board of directors. WordPress 10 years, 8 months ago

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