If Olympus can escape a hostile takeover from a buyer who sees its shares are cheap, then it will need new leadership.
Frieda: This operation's about to have a hostile takeover. Just call it a little power play.
Their rival company is planning a hostile takeover.
Soon afterwards Switzerland’s Roche decided to abandon its previously friendly overtures toward Genentech, a Californian biotechnology pioneer, in favour of a hostile takeover bid.
Activists have also demanded revisions to articles of incorporation and the unwinding of recently established "poison pill" measures aimed at preventing hostile takeovers.
It came close to succeeding, and hostile takeovers became as rare in the 1990s as an underpaid chief executive.