Takeover
Takeover is an action whereby a person or group succeeds in ousting a firm's management and taking control of the company.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Takeover. An action whereby a person or group succeeds in ousting a firm's management and taking control of the company.
According to the Strategic Management by Parnell (4th edition),
- Takeover. The purchase of a controlling quantity of shares in a firm by an individual, a group of investors, or another organization. Takeovers may be friendly or unfriendly.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
