takeover investment & 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.
See takeover in Wall Street Words
The acquisition of controlling interest in a firm. Although the term is often used to refer to acquisition by a party hostile to the target's management, many takeovers are friendly. See also
friendly takeover,
raider,
unfriendly takeover.
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