Yeah, I'm pretty certain the whole "board not approving" thing is one of the main things that makes it a hostile takeover?
What I've seen in the past is that the board will disapprove of the takeover, and the other company will acquire enough shares to have enough sway to vote on members of the board. New board members (and old board members once they've made their own deals to get what they want out of whatever restructuring is planned) approve of the takeover bid and basically force the remaining shareholders into accepting the terms.
I'm definitely not the most knowledgeable person about such matters, though, others may have a better explanation.
I'm Australian, but some of the older switchboards in industrial installations are similar in appearance to the top image.
The middle would have a busbar (or three if it's a three phase panel) that connects the circuit breakers to the main switch. The cables are connected to the far left and far right sides of the breakers.
It could be different in the US, though, if anyone with more relevant experience wants to chime in.
Edit: looking back at the top image, I'm reminded that the US uses split phase in some places, so that top panel likely has two busbars down the middle.
Dave Brockie (or Oderus Urungus) died (or returned to his home planet) only weeks after the end of the Soundwave tour. I made up the part about the outcry.
I watched them behead Tony Abbott and the Queen when they were in Australia in 2014. The outcry was so bad that Oderus Urungus had to return to his home planet immediately after.
Typical, kicking the can down the road instead of actually fixing the problem. And what happens 292 billion years from now when we all go through this again, huh?
Love the matching font!