What does "takeover" mean?
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.
noun, verb ·3 syllables ·Uncommon ·Advanced level
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"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."
"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."
"When the trusted confidant of the person who conducted a hostile takeover of the company betrayed him, it was a sort of retributive justice."
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.
Common synonyms include: coup, acquisition, acquisitions, adoption, annexations, appropriation.
When the trusted confidant of the person who conducted a hostile takeover of the company betrayed him, it was a sort of retributive justice.
Deverbal from take over.