noun🔗ShareThe 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."The company's takeover by a larger corporation was met with resistance from some of the employees. "businessfinanceeconomycommerceindustryorganizationtoeicChat with AIVocabulary GamePractice Reading
noun🔗ShareThe acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company."The company announced a takeover of a rival firm listed on the stock exchange. "businessfinanceeconomytoeicChat with AIVocabulary GamePractice Reading
noun🔗ShareA time or event in which control or authority, especially over a facility is passed from one party to the next."The takeover of the school's computer lab happened at the end of the school year. "businesspoliticsorganizationtoeicChat with AIVocabulary GamePractice Reading