BEAR HUG
\bˈe͡ə hˈʌɡ], \bˈeə hˈʌɡ], \b_ˈeə h_ˈʌ_ɡ]\
Definitions of BEAR HUG
Sort: Oldest first
By Princeton University
By DataStellar Co., Ltd
-
A TAKEOVER bid received by a target company that DIRECTORS urge shareholders to accept due to its attractive price. Though directors might prefer to reject the bid, the price makes it nearly impossible for them to do so; failure to recommend approval could constitute a breach of DUTY OF LOYALTY and result in legal action being taken.
By Henry Campbell Black