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

In an agreement dating back to HSF’s 2018 initial public offering, it was stipulated that the investment advisor could match or beat any takeover bid for HSF — an option that was meant to give artists confidence their catalogs would not be resold. —Elizabeth Dilts Marshall, Billboard, 16 May 2024

His $650 million takeover bid was an apparent effort to partner. —Dylan Sloan, Fortune, 28 May 2024

The Wall Street Journal and Los Angeles Times lead with Paramount's owners rejecting a takeover bid from Skydance. —The Week Staff, theweek, 12 June 2024

Although WeWork included a noncompete clause in Neumann’s 2019 exit agreement that prevented him from competing with or soliciting the company, the clause expired last October, and Neumann had been aggressively pursuing a takeover bid, reportedly promising to beat any competing offer by 10%. —Dylan Sloan, Fortune, 28 May 2024