A hostile takeover is one of the most dramatic events in corporate takeovers, often capturing headlines and shaking investor confidence. So, what is a hostile takeover, and how does it differ from a friendly acquisition?

A hostile takeover occurs when an acquiring company seeks to gain control of a target company despite opposition from the target company’s management and board of directors. Instead of negotiating with leadership, the acquirer appeals directly to shareholders, often through tender offers or proxy fights.

Corporate consolidation is the process by which two or more companies combine to form a single, unified entity. Unlike simple acquisitions where one company absorbs another, corporate consolidation typically implies a more integrated, strategic merger of equals. This process can result in a new company or the absorption of entities into one pre-existing corporation, depending on the structure.

The historically low interest rates of the last couple of years have led to an increase in mergers and acquisitions. Now, the leveraged buyout is coming back in fashion after dropping off the M&A scene post-2008.

Far from being the kiss of death, declaring bankruptcy can be a financial reset button for struggling businesses. However, many resources on the subject of bankruptcy focus on personal finance, which can make it difficult for business owners to find the guidance they need. That’s why we’ve developed this guide to help them understand the three types of bankruptcy and how to decide whether it’s right for your business.

DFIN is filing now using EDGAR Next security protocols, offering easy self-service enrollment and full-service administration to ensure uninterrupted filing access

What Are Debt Capital Markets?

Debt capital markets (DCM) are a cornerstone of the global financial system. These capital markets allow corporations, governments, and other entities to raise debt capital through the issuance of debt instruments such as bonds, notes, and commercial paper. By accessing the primary market, issuers can secure funding at a generally lower cost of capital than through equity offerings. This supports growth, working capital needs, and infrastructure projects.

Dealmakers entered 2025 with cautious optimism, hoping that the tailwinds from late 2024 would carry through. The economic climate shifted toward volatility, with tariffs, policy shakeups, and global market swings dominating the headlines of the new year. However, as market conditions stabilized across May and June, we’ve seen encouraging trends in market activity kicking off the beginning of Q3.

Virtual deal rooms (VDRs) are secure online environments that store confidential information necessary to complete the largest and most complex financial transactions.

IPOs are a crucial element in the tech ecosystem. They provide access to capital, liquidity for investors, and an avenue for increasing brand value. A successful public offering is an important milestone for every tech entrepreneur.

So, it’s no surprise that this week’s panel at NYC Tech Week, IPO journey in the era of AI, attracted a lively and engaged audience, eager for insights. I had the pleasure of participating in the discussion, which was sponsored by PwC and moderated by PwC partner Christina White.

Reverse mergers offer a range of advantages — both for shell companies seeking a private acquisition and for private companies looking to enter public markets without undergoing a traditional IPO. Because reverse mergers frequently involve shell companies, they trigger specific SEC disclosure requirements and often attract heightened regulatory scrutiny. This guide will help you understand what a reverse merger entails and what to expect from the process.