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takeover
(redirected from Hostile take over)

   Also found in: Financial, Acronyms, Wikipedia, Hutchinson 0.02 sec.

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.

Cross-references

Mergers and Acquisitions.


takeover noun 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
takeover verb arrogate, assume, command, seize, take command, take charge, take possession, usurp
See also: condemnation


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German Chancellor Gerhard Schroder said on Friday that if British company Vodafone AirTouch succeeds in a hostile take over of Mannesmann AG, the corporate culture of both countries could be harmed.
 
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