HomeDefinitionsCompareDebt TakeoverThe financial definition for Takeover:General term referring to transfer of control of a firm from one group of shareholders to another group of shareholders. Change in the controlling interest of a corporation, either through a friendly acquisition or an unfriendly, hostile, bid. A hostile takeover (with the aim of replacing current existing management) is usually attempted through a public tender offer. Similar MatchesBust up takeoverBust up takeoverA leveraged buyout in which the buyer sells off the assets of the target-company to repay the debt that financed the takeover. City code on takeovers and mergersCity code on takeovers and mergersSee: Dawn raid Hostile takeoverHostile takeoverA takeover of a company against the wishes of the current management and the board of directors by an acquiring company or raider. Further SuggestionsTakeover targetClick to compare definitions of Takeover Click to view definitions beginning ta |