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Investing Glossary:
Takeover
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| General Term referring to Transfer of Control of a Firm from one group of shareholders to another group of shareholders. Change in the controlling Interest of a corporation, either through a friendly Acquisition or an unfriendly, hostile, bid. A Hostile takeover (with the aim of replacing current existing management) is usually attempted through a public Tender offer.
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