takeover bid


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Related to takeover bid: take over, hostile takeover

takeover bid

an offer made by one company to the shareholders of another company to acquire sufficient shares in that other company to give it control. See MERGER.
References in periodicals archive ?
MAC's move marks the second hostile takeover bid in Japan.
ASIC has made the ASIC Corporations (Unsolicited Offers Foreign bids) Instrument 2015/1070 to facilitate such foreign takeover bids by providing relief from the disclosure provisions in Division 5A of Part 7.
8) Thus, the CSA Proposal may well represent the takeover bid law that will ultimately apply across the country.
Until the Takeover Extension takes effect or, if earlier, the Wah Nam takeover bid expires or is withdrawn, the ASX requires that the new Placement shares be issued and temporarily trade under a separate ASX code 'FRSN'.
Investment bank Nomura have been advising both the Red Knights and the Manchester United Supporters' Trust (MUST) who have been broadly backing the takeover bid.
9% of shares, the highest figure allowed by Stock Exchange rules without a takeover bid.
A takeover bid should be filed when a shareholder controls over 30% in a company, Conwert said at the weekend.
It comes after the Birminghambased company issued a stinging riposte to US food giant Kraft in an open letter slamming its unsolicited takeover bid.
The bank said that it had received a takeover bid worth USD4bn last month from an investment group.
If Aoki's takeover bid succeeds, Marufuru is expected to be delisted from the Jasdaq market for start-up firms.
Ryanair made a last-ditch effort on Friday to persuade Aer Lingus shareholders to accept its takeover bid, repeating a call for job cuts at the airline and accusing management there of misleading investors.
His Los Angeles Unified School District takeover bid, enabled by proposed Assembly Bill 1381, now has the support of many of the usual power brokers -- the City Council, key players in the state Legislature, the governor and most importantly (and surprisingly) the teachers unions.