Friendly is when the 2 boards agree on the takeover and price....

  1. profiteer
    81 Posts.
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    08/04/03
    15:00
    Post #: 155874
    Friendly is when the 2 boards agree on the takeover and price. Hostile is when they dont agree and the preditor goes after the stock anyway. a hostile bid recently was a bid the burns philp bid for Goodman fielder.
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    lightbulb Created with Sketch.  Great analysis
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