takeover bid

noun

: an attempt by someone to gain control of the company by buying most of its stock
The company is facing a takeover bid.

Examples of takeover bid in a Sentence

Recent Examples on the Web Expedia , Uber — Shares of the companies moved in opposite directions following a Financial Times report, which cited people familiar with the process, that Uber explored a potential takeover bid for Expedia. Michelle Fox, CNBC, 17 Oct. 2024 The retailer’s stock jumped as much as 11.7% before closing up 4.71%, following news that Canadian convenience store operator Alimentation Couche-Tard had raised its takeover bid by about 20%, according to Bloomberg. Brooke Seipel, Fortune, 9 Oct. 2024 UniCredit earlier this month took a 9% stake in Commerzbank, before looking to boost it to 21% earlier this week and putting in a request to hold as much as a 29.9% stake in the German bank, hinting at a potential takeover bid. Sophie Kiderlin, CNBC, 27 Sep. 2024 Bloomberg | Bloomberg | Getty Images UniCredit’s CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards. Ruxandra Iordache, CNBC, 12 Sep. 2024 See all Example Sentences for takeover bid 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'takeover bid.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near takeover bid

Cite this Entry

“Takeover bid.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/takeover%20bid. Accessed 31 Oct. 2024.

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