target company

target company definition - business

target company

A firm that is the object of a specific action unwanted by its management, such as a takeover attempt or an antitrust suit. Also called takeover target. Compare raider. See also in play, takeover, toehold purchase.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.