The note argues that shareholders of companies that have successfully «just said no» to hostile takeover bids have incurred «profoundly negative» returns. (igopp.org)
Actually, no: Constituency statutes were often implemented to ward off potential hostile takeovers of in - state companies, in which certain investors attempt to seize control of firms to maximize short - term shareholder value. (sciencedaily.com)
Wiedeking led a failed hostile takeover attempt of Volkswagen, and later opposed the merger of the two carmakers. (automobilemag.com)