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."Rumors of hostile takeovers worried the employees of the small software company, who feared losing their jobs. "businessfinanceeconomycommerceindustryorganizationChat 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."Rumors of potential takeovers sent the stock price of the public company soaring. "businessfinanceeconomyChat 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 company's takeover by a larger corporation resulted in significant changes to the workplace. "businesseconomyfinanceorganizationChat with AIVocabulary GamePractice Reading