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2 definitions found
From The Collaborative International Dictionary of English v.0.48 [gcide]:
takeover \take"o*ver\ n. (Business, Finance)
The acquisition of ownership of one company by another
company, usually by purchasing a controlling percentage of
its stock or by exchanging stock of the purchasing company
for that of the purchased company. It is a {hostile takeover}
if the management of the company being taken over is opposed
to the deal. A hostile takeover is sometimes organized by a
{corporate raider}.
Syn: acquisition, buyout
[WordNet 1.5]
From WordNet (r) 2.0 [wn]:
takeover
n 1: a sudden and decisive change of government illegally or by
force [syn: {coup d'etat}, {coup}, {putsch}]
2: a change by sale or merger in the controlling interest of a
corporation
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