hostile takeover is when one party makes

a an unsolicited bid for another

uninvited

as opposed to where a company is looking

to sell itself where they’re interested

in soliciting buyers a hostile takeover

attempt is when a party

makes a bid that is uninvited you see

them infrequently where a buyer will a

party will initiate a hostile takeover

and put the company quote unquote in

play which means the buyer the comp the

target is then looking for alternatives

more often you’ll see a situation where

a company will announce a friendly

negotiated transaction and a third party

will see that as an opportunity and and

make an uninvited bid for the target uh

one of the the most recent example of

that was frontier uh proposing to take

over spirit airlines and jetblue making

a hostile overbid against frontier and

ultimately causing the transaction to

to terminate and jetblue is now in

process of trying to buy spirit