Definition, Meaning & Synonyms
takeover
noun
/ˈteɪkˌoʊ.vər/
Definition
The act of assuming control or possession, usually in a business context.
Examples
- The corporate takeover was completed after several months of negotiation.
- Many employees were concerned about job security after the takeover.
- In a hostile takeover, the acquiring company buys out the target company without its approval.
Meaning
A takeover refers to when one company acquires another company, gaining control over its operations and assets.
Synonyms
- acquisition
- purchase
- buyout
- merger
- consolidation
