RFT 14.3% 0.8¢ rectifier technologies ltd

Yes, hostile takeovers are legal, but legal complications can...

  1. 13,171 Posts.
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    Yes, hostile takeovers are legal, but legal complications can arise around some of the tactics used by both the target company and the acquisition company during a takeover fight

    Some people may view a hostile takeover as being unethical because it involves taking control of a company without the consent of the company's board of directors. Others may view a hostile takeover as being a perfectly acceptable way to conduct business.
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