A
Bear Hug
Bear Hug
Image 1 When a company approaches the board of another company indicating that an offer is about to be made for their shares. The price per share that is offered for the target firm is usually too high for the board to refuse the offer.
Image 2 If the target company says the merger is OK but they want a higher price, this is a "teddy bear hug".


Board of Directors

Takeover

Target Firm