takeover

noun

take·over | \ ˈtāk-ˌō-vər

Definition of takeover

(Entry 1 of 2)

: the action or an act of taking over

take over

verb

took over; taken over; taking over; takes over

Definition of take over (Entry 2 of 2)

transitive verb

: to assume control or possession of or responsibility for military leaders took over the government

intransitive verb

1 : to assume control or possession

2 : to become dominant

Synonyms More Example Sentences Learn More about takeover

Keep scrolling for more

Examples of takeover in a Sentence

Noun

The government experienced a military takeover in 2002. the new government's high-handed takeover of private industries

Verb

I'll take over for her until she gets back from her morning break. took over the responsibility of caring for the animals

Recent Examples on the Web: Noun

The Ohio House has a plan to end state takeovers of troubled school districts. — Jessie Balmert, Cincinnati.com, "Crunch time for Ohio lawmakers: deals needed on taxes, graduation requirements, more," 20 June 2019 But China’s takeover of global supply chains means container ships are no longer generic. — Christopher R. O'dea, National Review, "How China Weaponized the Global Supply Chain," 20 June 2019 And if all else fails in the public markets, Slack could once again become the subject of takeover rumors. — Paul R. La Monica, CNN, "Slack's stock will soon start trading. Here's what you need to know about the non-IPO," 19 June 2019 Since Baoshang’s takeover on May 24, the one-month repo rate has nearly doubled from 2.9% to 5.2%. — Nathaniel Taplin, WSJ, "Warning Lights Are Flashing In China’s Money Market," 18 June 2019 Some takeovers require protracted periods of public comment and city approval, while other partnerships can be completed on a more expedited schedule. — Valerie Strauss, Washington Post, "Can Monument school survive? Embattled D.C. charter may have a savior.," 17 June 2019 The biggest cannot simply buy their way into new markets, because takeovers that create banks with more than 10% of all deposits are barred. — The Economist, "Digital technology will strengthen America’s biggest retail banks," 15 June 2019 Rose found his stroke from outside this year (career-high 37 percent) and had a few turn-back-the-clock takeover games this year. — Mike Singer, The Denver Post, "Nuggets Mailbag: Who could Denver target in free agency summer?," 14 June 2019 Tune in to Lunoe's Instagram takeover today, June 14, by following us at @billboarddance. — Kat Bein, Billboard, "Anna Lunoe Gets Her Groove Back In 'Right Party' EP Track Breakdown: Exclusive," 14 June 2019

Recent Examples on the Web: Verb

Since then, Carolina is 24-24 with nary a playoff win and mired in yet another brutal division — one likely to get even tougher with Bruce Arians taking over the Bucs. — Nate Davis, USA TODAY, "Which NFL team is closest to winning its first Super Bowl? Ranking the 12 contenders," 18 June 2019 Every Monday night, Bon Appétit editor in chief Adam Rapoport gives us a peek inside his brain by taking over our newsletter. — Adam Rapoport, Bon Appétit, "Zucchini Doesn’t Have to Be Watery and Sad," 18 June 2019 WarnerMedia is also in the process of taking over Bad Robot’s exclusive film contract with Paramount Pictures (where Abrams produced and directed several Star Trek films). — Julia Alexander, The Verge, "J.J. Abrams’ Bad Robot may sign an exclusive deal with AT&T’s WarnerMedia for $500 million," 17 June 2019 Since taking over, Naeher has been about as likely to record a shutout (27) as to concede a goal (28). — Steven Goff, courant.com, "US goalkeeper Alyssa Naeher, a Connecticut native, should face first real World Cup test vs. Sweden," 17 June 2019 Soon, with Binnington taking over as the lead goalie, the Blues went on a franchise-record 11-game winning streak and stayed hot through their playoff run. — Jim Salter, chicagotribune.com, "Blues fans pack downtown St. Louis to celebrate the Stanley Cup champions," 15 June 2019 Just like what Popovich has done for the Spurs since taking over as head coach in 1996, the Warriors envision Kerr having the same presence. — Mark Medina, The Mercury News, "Is this end of the Warriors’ dynasty? Steve Kerr says ‘no’," 15 June 2019 Soon, with Binnington taking over as the lead goalie, the Blues went on a franchise-record 11-game winning streak and stayed hot through their playoff run. — Jim Salter, baltimoresun.com, "Fans pack downtown St. Louis to cheer on the champion Blues," 15 June 2019 This is Yzerman’s first big task since taking over on April 19. — Helene St. James, Detroit Free Press, "Steve Yzerman could accelerate Detroit Red Wings rebuild in NHL draft," 13 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'takeover.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Keep scrolling for more

Learn More about takeover

Dictionary Entries near takeover

take out a patent on

takeout double

take out insurance on

Statistics for takeover

Last Updated

23 Jun 2019

Look-up Popularity

Time Traveler for takeover

The first known use of takeover was in 1618

See more words from the same year

Keep scrolling for more

More Definitions for takeover

takeover

noun

Financial Definition of takeover

What It Is

A takeover is the purchase of a company. A takeover is different from a merger, which occurs when the purchaser and the target both cease to exist and instead form a new, combined company.

How It Works

Let's assume Company XYZ wants to acquire Company ABC. Company XYZ might just start buying ABC shares on the open market, but once Company XYZ acquires 5% of ABC, it must formally (and publicly) declare how many shares it owns to the Securities and Exchange Commission. Company XYZ must also state whether it intends to create an ABC takeover or just hold its existing shares as an investment.

If Company XYZ indeed wants to proceed with the takeover, it will make a tender offer to ABC's board of directors (followed by an announcement to the press). The tender offer will indicate, among other things, how much Company XYZ is willing to pay for ABC and how long ABC shareholders have to accept the offer.

The most common methods of determining the target's value are to look at comparable companies in the industry and to conduct a discounted cash flow analysis, but evaluating other measures such as P/E ratios, price-to-sales ratios, or even replacement costs provides valuable insight. Acquirers often have to pay a premium above the market price of the target company's shares in order to get the shareholders to agree to the takeover.

Once the tender offer is made, ABC can accept the terms of the offer, negotiate a different price, use a "poison pill" or other defense to avert the deal, or find somebody else to sell to who will pay as much or more as XYZ is offering. If ABC accepts the offer, regulatory bodies then review the transaction to ensure the combination does not create a monopoly or other anticompetitive circumstances within the industries involved. If the regulatory bodies approve the transaction, the parties exchange funds and the deal is closed.

Companies often conduct takeovers with cash, but they also use debt and their own stock as well, and there are often tax consequences associated with each form of currency.

Why It Matters

Takeovers can create a bigger, more competitive, more cost-efficient entities. This synergy -- that is, the idea that the two companies together are more valuable to the shareholders than they are apart -- is elusive, but it is what justifies most takeovers. After all, acquirers always have the much harder option of trying to "grow their own" by starting their own competitive ventures instead of buying someone else's. Targets often succumb to takeovers because at the end of the day, the price is right. And on both sides, a well-executed takeover can be the crowning jewel of a CEO's career.

Source: Investing Answers

takeover

noun