Buying someone out is a *hostile takeover*?????
The left is massively projecting again.
What morons.
A Hostile Takeover in finance is when a person wishes to buy the company, but the company does not want to be bought.
If the company wants to be bought out it is called either a Merger or an Acquisition, depending on if it involves two publicly traded companies or is just a buy of publicly available stock.
“Buying someone out is a *hostile takeover*?”
It is if it happens in this scenario:
“A hostile takeover bid is an attempt to buy a controlling interest in a publicly-traded company without the consent or cooperation of the target company’s board of directors.”
hostile takeover in this case has a positive connotation.
It’s publicly traded. He can buy all the shares he wants from willing buyers and vote everyone out. Once he gets to 50.1% it’s moot.
It’s a common financial term.
>>Buying someone out is a *hostile takeover*?????
If the company management is opposed to him buying the company, then by definition it is a hostile takeover.
They will take the offer—I bet—Why? Because when the GOP take over Congress and Senate—they will end Twitters standing and make it possible for people to sue them—and they will starting with Donald Trump—They will be trashed in court even with the best lawyers money can buy. Their stocks will plunge and lots of folks will be ruined. Best to take the bid and blame any and all future problems on Musk— My bet he will take this in new directions and make a mint!