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takeover |
Also found in: Legal, Financial, Wikipedia | 0.03 sec. |
takeoverIn business, the acquisition by one company of a sufficient number of shares in another company to have effective control of that company - usually 51%, although a controlling stake may be as little as 30%. Takeovers may be agreed or contested; methods employed include the dawn raid, and methods of avoiding an unwelcome takeover include reverse takeover, poison pills, or inviting a white knight to make a takeover bid. |
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| German Chancellor Gerhard Schroder said on Friday that if British company Vodafone AirTouch succeeds in a hostile take over of Mannesmann AG, the corporate culture of both countries could be harmed. |
Hostile take over
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