takeover
Sign in to saveAlso known as acquisition, buyout, buy-out, corporate buyout, corporate acquisition, acquisition of corporation, corporate takeover, business acquisition
In business, a takeover is the purchase of one company (the target) by another (the acquirer or bidder). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the acquisition of a private company.
~18 min read
Article
21 sectionsContents
- Takeover types
- Friendly takeover
- Hostile takeover
- Reverse takeover
- Backflip takeover
- Takeover financing
- Funding
- Loan note alternatives
- Takeover deals
- All-share deals
- All-cash deals
- Mechanics
- In the United Kingdom
- Strategies
- Executive compensation
- Debt for equity
- Golden share
- Tactics against hostile takeover
- Further reading
- References
- Works cited
In business, a takeover is the purchase of one company (the target) by another (the acquirer or bidder). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the acquisition of a private company.
Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company.