a takeover that is welcomed by the management of the target company
The premiums that bidders are willing to pay have fallen steadily during the 1990s, both for friendly and hostile takeovers.
ECONOMIST: All fall down
Since most of a company's shares are typically held in friendly hands, hostile takeovers have been all but impossible.
ECONOMIST: Spare a thought for shareholders
英汉双解词典包含3185865条英汉词条，基本涵盖了全部常用单词的翻译及用法，是英语学习的有利工具。