What is the definition of A Takeover?
- Posted on November 27, 2019
- Financial Terms
- By admin admin
A takeover is an action by a corporation to assume control of a target firm. This is done by buying either all or most of the target's ownership stakes. Takeovers can either be friendly and favorable, or unwelcome and hostile in which case the owners of the target company tend to do anything they can to prevent the takeover.
A takeover also means a buyout. Meaning someone a company takes over another company after a financial agreement has been reached.
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