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Takeover
(redirected from takeover bid)

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson 0.04 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.



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Meanwhile, Edwards' former company; City of Industry-based Bell Industries, is in the midst of a hostile takeover bid for Coast Distribution System Inc.
It looks like your takeover bid of PeopleSoft isn't going to work, oh hirsute one.
Jefferson Smurfit Group (JSG), Dublin, Ireland has recommended acceptance of a takeover bid from Madison Dearborn Partners (MDP), Chicago, Illinois, USA, a private equity firm bidding EUR 2.
 
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