Which of the following best describes a hostile takeover?

Select one:

a$.$

This activity involves acquiring a target company after reaching a pre$-$purchase agreement with the target firm$$s management.

b$.$

The target firm$$s management is not in favor of the takeover.

c$.$

The firm$$s shareholders are in disagreement as to whether the potential takeover is a good idea.

d$.$

This situation involves acquiring a target company without reaching a pre$-$purchase agreement with the target firm$$s shareholders.

e$.$

In this situation there is animosity between the firm$$s board of directors and its senior management, resulting in the board wanting to take over the daily operations of the firm.