An agreed bid is a takeover bid that is supported by a majority of the shareholders of the target company, whereas a hostile bid is not welcomed by the majority of the shareholders of the target company.
A poison pill is a defensive strategy employed by a target company to thwart hostile takeover attempts by making the company's stock less attractive to the acquirer.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.