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Finance Dictionary and Glossary of Investment Terms
takeover
Definition 1.
Acquiring control of a corporation, called a target, by stock purchase or exchange, either hostile or friendly.
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Definition 2.
General term referring to transfer of control of a firm from one group of shareholders to another group of shareholders. Change in the controlling interest of a corporation, either through a friendly acquisition or an unfriendly, hostile, bid. A hostile takeover (with the aim of replacing current existing management) is usually attempted through a public tender offer.
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Definition 3.
A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the acquiring company will make an offer for the outstanding shares.
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