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Samsung Attempts Hostile Takeover Of SanDisk

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Sep 16, 2008, 8:54 PM

Offering 5.8 Billion doesn't sound very "Hostile"

Now if Samsung armed a factory full of workers with AK-47's and marched them into the SanDisk headquarters and demanded they sign over the company, THAT would be Hostile 😳 🤣
5.8 billion might look nice, but think about the integration, company philosophy, net gain or loss of jobs (including management/executives), closing of plants maybe...
A hostile takeover refers to buying a controlling interest without the cooperation/approval of the current management.
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