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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.


Mergers and Acquisitions.


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


verb arrogate, assume, command, seize, take command, take charge, take possession, usurp
See also: condemnation
References in periodicals archive ?
In fact, a hostile bid for a target that had a rights plan in place was more than twice as likely to face competition.
Industry sources said a hostile bid could come as early as today.
Los Angeles-based PacWest Bancorp (NASDAQ: PACW) has launched a hostile bid to purchase First California Financial Group (First California) (NASDAQ: FCAL).
BHP, which employs 41,000 people and has operations in 25 countries, launched a hostile bid for Canada's Potash in August after directors of the company refused to back its offer.
It launched a hostile bid for Canada's Potash in August, after directors of the company refused to back its offer.
Korea National Oil Corporation said its hostile bid for Dana Petroleum, based in Aberdeen, had won support from holders of 64.
An analyst who did not wish to be named said Dana s first-half results were in line with his forecasts and he had not expected any comment on the hostile bid.
The confectioner is facing a hostile bid from US-based food company Kraft.
Cadbury is to make public its response to the hostile bid by US food giant Kraft on Monday, ahead of the launch of a campaign by Unite the union to keep the chocolate maker independent.
lt;h1>Kraft's hostile bid for Cadbury notified to the EU</h1>
Japan's second-largest drugmaker, withdrew a $1 billion hostile bid for CV Therapeutics Inc.
Nissin said the defense scheme has not been designed in response to a specific hostile bid, but the decision follows the recent move by U.