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What is a takeover bid.
Business takeover bid definition. A takeover bid refers to the purchase of a company the target by another company the acquirer. A takeover occurs when one company makes a successful bid to assume control of or acquire another. A takeover bid is a corporate action in which a company makes an offer to purchase another company.
Takeovers can be done by purchasing a majority stake in the target firm. There are other terms such as common share ordinary share or voting share that are equivalent to.
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