Worlds Inc (WDDD)

[art35]

What is a "Hostile Takeover"? Is it when a company just buys another company's stock? This is the only thing I can see as them taking over WDDD (I'm not sure my take on "hostile takeover" is correct though).

If the majority stock holder/holders of a publicly owned entity do not own or have control of more than 50% of their OS they are subject to a buy out or take over----it is called ""hostile" when it is against their wishes---The hostile buyer can make a public offer to the shareholders for their shares and if they can acquire 50 plus percent of the OS then they control the company and can establish their own Board of Directors and CEO etc ----This used to happen many years ago when a company got cash heavy and asset heavy (((such as valuable Real Estate))--((or valuable Patents)) ---there were a couple of good movies regarding this---Pretty Women was one of them I believe--Richard Gere's business was buying companies and breaking them up and selling the parts--- as the parts sold separately were worth more than the whole---TK has majority of the OS in this case---