Glossary

Friendly Takeover

A friendly takeover happens when one company is willingly acquired by another. In a friendly takeover, the management and board of directors' consent to or approve the takeover. It’s important to note that the target company’s shareholders will still need to agree to the takeover.
Share:
This glossary provides an overview of some key legal terms for startups. It's essential to consult with a legal professional to ensure a comprehensive understanding of these terms and their implications for your specific situation.

People also read

Advance Subscription Agreement (ASA)
An agreement for future equity, allowing investors to invest in a company now and receive shares in a future funding round.
PaaS
PaaS, or Platform as a Service, gives developers and companies the ability to create, host, and deploy applications through the cloud. Both the hardware and the application software platform are provided as part of PaaS, hosted on the PaaS provider’s platform.
Shareholders' Agreement
A contract between shareholders that establishes their rights and obligations and sets out the rules for managing the company.

Join our newsletter

Get free monthly updates on startup funding, events, news and legal tips.
By subscribing you agree to with our Privacy Policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
© SuLe Hub Limited.
Legal Hub are registered trademarks of SuLe Hub Limited.
Terms and ConditionsPrivacy PolicyRules of Acceptable UseCookie PolicyTerms of Engagement
Cookie Settings
By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our marketing efforts. View our Cookie Policy for more information.
Accept All
Reject All
Cookie Settings
Cookie Settings
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our marketing efforts. View our Cookie Policy for more information.