[teyk-oh-ver] 
| 1. | the act of seizing, appropriating, or arrogating authority, control, management, etc. |
| 2. | an acquisition or gaining control of a corporation through the purchase or exchange of stock. |
| take·o·ver also take-o·ver (tāk'ō'vər) n. 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. take'o'ver adj. |
Takeover
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.
Investopedia Commentary
A welcome takeover is usually referring to a favorable and friendly takeover. Friendly takeovers generally go smoothly because both companies consider it a positive situation. In contrast, an unwelcome or hostile takeover can get downright nasty!
Related Links
The Wacky World of M&As
See also: Acquisition, Acquisition Premium, Busted Takeover, Enterprise Value, Hostile Takeover, Lobster Trap, Management Buyout (MBO), Merger, Sandbag, Saturday Night Special, Scorched Earth Policy, Sleeping Beauty, Suicide Pill, Takeunder, Unbundling
Also spelled: Take over, Take-over
takeover