takeover bid

noun
Updated on: 15 Nov 2017

Definition of takeover bid

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

Word by Word Definitions

takeover play
  1. : the action or an act of taking over

  1. : to assume control or possession of or responsibility for

  2. : to assume control or possession

  3. : to become dominant

bid play
  1. : beseech, entreat

  2. : to issue an order to : tell

  3. : to request to come : invite

  1. : the act of one who bids (see 1bid)

  2. : a statement of what one will give or take for something

  3. : something offered as a bid


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