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English definition of “takeover”

takeover

noun [C]
 
 
/ˈteɪkˌəʊvər/
FINANCE the act of taking control of a company by buying enough of its shares to do this: The company has agreed an $11.5bn takeover.friendly/hostile takeover In hostile takeovers, the employees of the target firm are often concerned about losing their jobs. takeover of sth the takeover of British toymakers by American multinationals takeover candidate/target The dramatic rise in the stock price made it a less attractive takeover target.takeover attempt/proposal They are expected to receive a takeover proposal from a US-based multinational. The company announced it was in takeover talks.
→ Compare merger → See also anti-takeover, leveraged takeover, reverse takeover, unfriendly takeover
(Definition of takeover from the Cambridge Business English Dictionary © Cambridge University Press)
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