Definition of
takeover
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1.
when one firm takes control of another the acquisition by a company of a controlling interest in the voting share capital of another company, usually achieved by the purchase of a majority of the voting stocks
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2.
firm's attempt to buy another an attempt by one company to acquire another. A takeover can be made either by a person or an organization, and usually takes the form of an approach to shareholders with an offer to purchase. The bidding stage is often difficult and fraught with politics, and various forms of knight may be involved.
Related definitions of "takeover"
- Also called takeover bid
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