What are the kinds of Takeovers practiced in the business world?

Takeovers may be broadly classified into three kinds: Friendly Takeover: Friendly takeover is with the consent of target company. In friendly takeover, there is an agreement between the management of two companies through negotiations and the takeover bid may be with the consent of majority or all shareholders of the target company. Hostile Takeover: When an acquirer company does not offer the target company the proposal to acquire its undertaking but silently and unilaterally pursues efforts to gain control against the wishes of existing management. Bailout Takeover: Takeover of a financially sick company by a profit earning company to bailout the former is known as bailout takeover.