Hostile Tender Offer Lab

Go directly to shareholders, bypassing an unwilling board. Experience the high-stakes battle for corporate control from both sides.

Premium Dynamics

How much to pay for control

Timing Battles

20-day windows and extensions

Board vs Owners

Fiduciary duty conflicts

Choose Your Role

The Acquirer

Launch a hostile tender offer. Convince shareholders to tender their shares despite board opposition. Win control through premium and persuasion.

The Target Board

Defend your company from hostile takeover. Balance fiduciary duty with independence. Deploy defenses or find a better outcome.