Takeover

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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 Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Takeover. An action whereby a person or group succeeds in ousting a firm's management and taking control of the company.

Related concepts

Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

Related lectures

Introduction to Financial Management.

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