Definition of Takeover:
Assumption of control of another (usually smaller) firm through purchase of 51 percent or more of its voting shares or stock.
An act of assuming control of something, especially the buying out of one company by another.
Takeovers are typically initiated by a larger company for a smaller one. They can be voluntary, meaning they are the result of a mutual decision between the two companies. In other cases, they may be unwelcome, in which case the larger company goes after the target without its knowledge.
A takeover occurs when one company makes a bid to assume control of or acquire another, often by purchasing a majority stake in the target firm. In the takeover process, the company making the bid is the acquirer while the company it wishes to take control of is called the target.
Synonyms of Takeover
Gaining of control, Change of ownership, Purchase, Acquisition, Buying
How to use Takeover in a sentence?
- Labor unions announced their opposition to the takeover of Lance Baked Goods by Goodness Sweets Inc. citing the possibility of massive layoffs.
- Companies may initiate takeovers because they may find value in a target company, or they may want to eliminate the competition.
- You may be in the middle of a takeover and you should try to show the new guys that you are a qualified worker.
- Takeovers are typically initiated by a larger company for a smaller one.
- Takeovers can be welcome and friendly, or unwelcome and hostile.
- It is difficult for small businesses to compete against the large corporations these days, and many are leery of the recent takeover s that are taking place in the market.
- A takeover occurs when an acquiring company makes a bid to assume control of or acquire a target company, often by purchasing a majority stake in the target.
- They sought a controlling interest rather than a takeover.
Meaning of Takeover & Takeover Definition