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Related to takeover: hostile takeover
take·o·veralso take-o·ver (tāk′ō′vər)
1. The act or an instance of assuming control or management of or responsibility for something, especially the seizure of power, as in a nation, political organization, or corporation.
2. The performing of an action or a play in a game again after the first performance has been discounted or is under dispute.
1. the act of seizing or appropriating authority or control.
2. the acquisition of a corporation through the purchase or exchange of stock.
When one company takes control over another company by buying more than 50% of its shares. This gives it a majority of votes in the election of corporate officers or on corporate policy.
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|Noun||1.||takeover - a sudden and decisive change of government illegally or by force|
group action - action taken by a group of people
countercoup - a sudden and decisive overthrow of a government that gained power by a coup d'etat
|2.||takeover - a change by sale or merger in the controlling interest of a corporation|
buyout - acquisition of a company by purchasing a controlling percentage of its stock
hostile takeover - a takeover that is resisted by the management of the target company
friendly takeover - a takeover that is welcomed by the management of the target company
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