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takeover Definition

take·over (-ō′vər)

noun

the act or an instance of assuming control or possession; esp.,

  1. the usurpation of power in a nation, organization, etc.
  2. ☆ the assumption of ownership or control of a corporation esp. through the acquisition of its stock

takeover Finance Definition

The acquisition of one com-pany by another, either through friendly or unfriendly means. If the attempt is unfriendly, then the takeover candidate may attempt to mount a defense against the takeover attempt, such as seeking the help of a white knight, who is a preferable acquirer to the original acquirer.

takeover Usage Examples

Preposition: of

  • club: The Club denies rumors that the staffing cuts are due to the aftermath of the bitter takeover of the club by the US tycoon.
  • company: In 1999 the Foundation sold its holding in M&G in a takeover of the company by Prudential Corporation PLC.

Converse of object

  • propose: Separately, ntl is continuing with its proposed takeover of Telewest, announced last October.
  • oppose: Mr Holden opposes a takeover - he wants to break up LCR.
  • mount: The very purpose of the Network is to mount a hostile takeover of the Episcopal Church.
  • approve: Peter Mandelson, who can veto or approve the takeover, is a friend of Elisabeth Murdoch.
  • agree: More importantly, a a new phase of growth has begun with the agreed takeover of Fiscal Properties.
  • prevent: It was supposed to be to prevent a Communist takeover of southeast Asia.

Adjective modifier

  • hostile: The very purpose of the Network is to mount a hostile takeover of the Episcopal Church.
  • attempted: Murdoch questioned the logic of UK cable operator ntl's attempted takeover of Virgin Mobile.
  • reverse: It was sold in June 2002 in a reverse takeover with Hot Group plc.
  • communist: In this speech Truman promised help to any country fighting a Communist takeover.
  • Democratic: The argument that the polls show a likely Democratic takeover is somewhat undermined by these factors.
  • corporate: Only one thing can reverse the corporate takeover of Britain.

Modifies a noun

  • bid: The takeover bid is still in the approvals process.
  • speculation: He still owns 8 per cent of JJB, which is currently the subject of takeover speculation.
  • rumor: But with BT shares up on takeover rumors, hold on unless you need the cash quickly.
  • bidder: A takeover bidder, for example, would have to include the value of it when setting a bid price.
  • directive: The final report by its group of company law experts was published in October and a new takeover directive was also launched.
  • battle: Synopsis: The lovely Mrs Foss, wife of Mogul's founder, turns up in London in the middle of a takeover battle.