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English definition of “hostile”

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hostile

adjective
 
 
/ˈhɒstaɪl/ FINANCE
relating to a situation in which one company wants to buy another company whose owners do not want to sell it: The company convinced investors to reject a hostile bid from Enterprise Oil Plc worth £1.59 billion. Almost a year after it sparked the banking sector's biggest hostile merger, the bank has itself become the subject of takeover speculation. What started out as a hostile takeover attempt became a friendly agreement. a hostile acquisition/approach/deal a hostile acquirer/bidder
go/turn hostile FINANCE to force the sale of a company whose owners do not want to sell it: The chief executive said he was still ready to go hostile for one of the two companies.
(Definition of hostile from the Cambridge Business English Dictionary © Cambridge University Press)
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