takeover(redirected from Hostile bid)
Also found in: Dictionary, Thesaurus, Financial, Wikipedia.
Related to Hostile bid: takeover defense
To assume control or management of a corporation without necessarily obtaining actual title to it.
A takeover bid or tender offer is a proposal made by one company to purchase shares of stock of another company, in order to acquire control thereof.
takeovernoun acquirement of a corporation, acquisition of a company, appropriation, assumption of control over management, assumption of ownership, obtainment, procurement, procurement of a business, purchase: acquirement, assumption, attainment, possession, procuration, securement
Associated concepts: corporate raider, corporate takeover, friendly takeover, hostile takeover, tender offer, white knight
takeoververb arrogate, assume, command, seize, take command, take charge, take possession, usurp
See also: condemnation