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Definition 2024


takeover

takeover

See also: take over

English

Noun

takeover (plural takeovers)

  1. (economics) The purchase of one company by another; a merger without the formation of a new company, especially where some stakeholders in the purchased company oppose the purchase.
    • 2014 March 15, Turn it off”, in The Economist, volume 410, number 8878:
      If the takeover is approved, Comcast would control 20 of the top 25 cable markets, []. Antitrust officials will need to consider Comcast’s status as a monopsony (a buyer with disproportionate power), when it comes to negotiations with programmers, whose channels it pays to carry.
  2. (economics, Britain) The acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.
  3. A time or event in which control or authority, especially over a facility is passed from one party to the next.
    • 1991, Information Services on Latin America (Oakland, Calif.), ISLA: Volume 43, Issues 1-3, p. 195:
      Revollo was absent when Bolivian police and the navy captain arrived at dawn, and the base takeover came off without problems, according to a U.S. narcotics official.

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