Do your relatives squeeze the life out of you? Then you’re bound to love this next post; it’s all about a bear hug. Wait! What the heck is a bear hug?
Although it might remind you of your great aunt Flossy, the term bear hug has nothing to do with an actual embrace. It’s a term from finance that’s used even when extended family is nowhere in site.
A bear hug is an offer from one company to buy the stock of another, at a price that’s seriously higher than anyone else would otherwise pay.