20:25
Northwestern has a goated location, right by navy pier . But Northwestern's main campus is beatiful and in Evanston (goated location but different reasons)
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Simple English definitions for legal terms
reverse bear hug
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A quick definition of reverse bear hug:
Term: Reverse Bear Hug
Definition: A reverse bear hug is a tactic used by a company that is being targeted for a takeover. Instead of rejecting the offer outright, the target company shows a willingness to negotiate but demands a much higher price than what was offered. This is usually done as an anti-takeover strategy to discourage the acquiring company from proceeding with the takeover.
A more thorough explanation:
A reverse bear hug is a tactic used in business when a company is being targeted for a takeover. It is a response to a bidder's offer by showing a willingness to negotiate but demanding a much higher price than that offered. This is usually done as an antitakeover tactic.
Company A wants to take over Company B. Company B responds with a reverse bear hug by saying they are willing to negotiate, but they demand a much higher price than what Company A offered. This makes it more difficult for Company A to acquire Company B.
Another example could be a company that is being targeted for a hostile takeover. The company could use a reverse bear hug by offering a price per share that is significantly higher than market value, making it difficult for the acquiring entity to continue with the takeover.
These examples illustrate how a reverse bear hug can be used as a defensive tactic to prevent a takeover or to negotiate a higher price for the company being targeted.