takeover Definition | Business Dictionaries from AllBusiness.com
Facebook Twitter Google+ You Tube RSS Feed
data-override-format="true" data-page-url = "http://www.allbusiness.com">

Business Glossary

SEARCH THE BUSINESS GLOSSARY

Business Definition for: takeover
takeover

form of acquisition usually followed by a merger. Takeover can be hostile or friendly. The public tender offer is a means of acquiring a target firm against the wishes of management. In a friendly takeover the acquiring firm negotiates with the targeted company, and common agreement is reached in an amiable atmosphere for subsequent approval by shareholders.

See also proxy fights , merger
takeover

change in the controlling interest of a corporation. A takeover may be a friendly acquisition or an unfriendly bid that the target company may fight with shark repellent techniques. A hostile takeover (aiming to replace existing management) is usually attempted through a public tender offer . Other approaches might be unsolicited merger proposals to directors, accumulations of shares in the open market, or proxy fight that seek to install new directors.

See also cram-down deal , blitzkreig tender offer , crown jewels , merger , hostile takeover , williams act , stock buyback , gap opening , show stopper , bust-up takeover , lock-up option , golden parachute , leveraged buyout (LBO) , arbitrageur , any-and-all bid , Macaroni Defense , people pill , poison pill , fair price , saturday night special , bear hug , dawn raid , Lady Macbeth strategy , staggered board of directors , war chest , scorched-earth policy , insider trading , standstlll agreement , goodbye kiss , highly confident letter , reverse leveraged buyout , in play , raider , greenmail , leveraged recapitalization , takeover target , white knight , materiality , poison put , safe harbor , shark watcher , Schedule 13D , asset stripper , sleeping beauty , strategic buyout , pac-man strategy , management buyout , radar alert , highjacking , white squire , whitemail , risk arbitrage , suicide pill , two-tier bid , supermajority amendment , godfather offer , grayknight , deal stock , garbatrage , killer bees , rumortrage
takeover

change in the controlling interest of a corporation. A takeover may be in the form of a friendly acquisition and merger or an unfriendly bid that the management of the target company might fight with shark repellent techniques.

Copyright © 2005, 2000, 1995, 1987 by Barron's Educational Series, Inc., Reprinted by arrangement with Publisher.
Copyright © 2006, 2003, 1998, 1995, 1991, 1987, 1985 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

Newsletter

Weekly Roundup

Sign up for our weekly Experts roundup, delivered to your inbox each Saturday morning.

Most Recent From our Experts

AllBusiness Experts

AllBusiness Greatest Hits

;
Close

Real Business Owners, Real Business Advice!

Sign up for practical, real-world solutions from successful business owners delivered to your inbox each Saturday morning. FREE.