Meaning of “takeover bid” in the English Dictionary


"takeover bid" in Business English

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takeover bidnoun [ C ]

uk us also takeover offer

FINANCE an offer or attempt to take control of a company by buying enough of its shares to do this, or the amount of money offered:

The company said it would consider a takeover bid.
launch/make a takeover bid for sth The billionaire investor launched a takeover bid for the company.
receive/accept a takeover bid They decided to accept the takeover bid.
hostile/unsolicited takeover bid Hostile takeover bids are almost unknown in Japan where companies traditionally agree terms behind the scenes.
The company has received a $416 million takeover offer.

(Definition of “takeover bid” from the Cambridge Business English Dictionary © Cambridge University Press)