takeover

(redirected from Unfriendly takeover)
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Related to Unfriendly takeover: hostile takeover, hostile tender offer, Hostile Acquisition, Hostile bid, Take Over Bid

Takeover

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
References in periodicals archive ?
friendly and unfriendly takeovers, management members may not only survive but thrive in the "new" organization.
A takeover attempt opposed by the target company's management or board of directors is a hostile or unfriendly takeover.
And that the incentives for improved performance that we're really getting to here really originated with the threat of an unfriendly takeover.
In response, Dillard's adopted defensive measures to fend off unfriendly takeover attempts.
With the majority of voting shares in Mac's control, an unfriendly takeover is unlikely.
I joined USG in June 1988 in the midst of the successful effort by this building materials manufacturer to fend off an unfriendly takeover.
After fighting legal and public relations battles for more than two months against an unfriendly takeover bid by Grand Metropolitan P.
1 billion debt it incurred in 1986 to prevent an unfriendly takeover attempt.
The telling point is the justification invoked: the protected executives suggested such insurance was essential to preserve their impartial judgment about unfriendly takeover bids.
Myers, chief executive officer and chairman of the Board of Directors of LHC Group, stated, "This rights plan is intended to protect our stockholders should LHC Group become the target of hostile or unfriendly takeover tactics.
At that time, unfriendly takeover attempts were still very rare in Japan.