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Takeover |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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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 |
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? References in periodicals archive |
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The fight for control of Los Angeles Unified escalated Tuesday, with Mayor Antonio Villaraigosa lobbying union and business leaders in Sacramento and the district flying in opponents of takeover efforts from around the country. Meanwhile, Edwards' former company; City of Industry-based Bell Industries, is in the midst of a hostile takeover bid for Coast Distribution System Inc. Although research has identified only 54 cases of state takeovers of local school districts of 2004, interest in state takeovers aimed at improving student achievement may increase as states explore options for districts identified for corrective action under No Child Left Behind, according to a study by Edvantia. |
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Takeover
