Drop and Sweep Tactics (Hostile takeover)

This topic contains 1 reply, has 2 voices, and was last updated by  Fahad Al Sulaim 4 weeks, 1 day ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #123687

    Anandan Rajagopalan

    During the hostile take over activities, drop and sweep tactics talks about a sweep that follows the withdrawal of another buyer’s tender offer usually happens for a listed company and the impact is that target companies share price drops in the process.

    Appreciate your thoughts on if it is a privately held co. going thru the hostile sweep tactics.


    Fahad Al Sulaim

    I would imagine that if the target is privately held company, buying the share at market price is not applicable, therefore, drop and sweep is not as well.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

Loading.. Please wait