Meaning of the word "Takeover bid" in English
What does "Takeover bid" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
Takeover bid
US /ˈteɪkˌoʊvər bɪd/
UK /ˈteɪkˌəʊvə bɪd/
Noun
an offer or attempt to take control of a company by buying enough of its shares to gain a controlling interest
Example:
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The company received a hostile takeover bid from a rival firm.
•
Shareholders are considering the latest takeover bid.