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Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology


TSX:CXR.R - Post by User

Concordia Healthcare Corp.
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Post by HappyYodaon Aug 12, 2016 12:38pm
166 Views
Post# 25136167

CXRX and CXR - Concordia International / Hostile Takeover

CXRX and CXR - Concordia International / Hostile Takeover The company is cheap.

What is a 'Hostile Takeover Bid'

An attempt to take over a company without the approval of the company's board of directors. When vying for control of a publicly-traded firm, the acquirer attempting the hostile takeover may proceed to bypass board approval in one of two ways typically.


First, the acquirer may attempt to buy enough shares of the company in order to acquire a controlling interest in the firm. Second, the acquirer may instead try to persuade existing shareholders to vote in a new board which will accept the takeover offer.



Read more: Hostile Takeover Bid Definition | Investopedia https://www.investopedia.com/terms/h/hostile-takeover-bid.asp#ixzz4H8UFMdno
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