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<p>always involve the acquisition of a public company.</p>

<p>A "bear hug" is an unsolicited takeover bid which is so generous that the shareholders of the target company are very likely to submit, accepting the offer.</p>

<p><big> Hostile takeover </big></p>
<p>A hostile takeover allows a bidder to take over a target company whose <a href="page.php?w=management">management</a> is unwilling to agree to a <a href="page.php?w=Mergers_and_acquisitions">merger</a> or takeover. The party who initiates a hostile takeover bid approaches the <a href="page.php?w=shareholders">shareholders</a></p><p>
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