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Takeover Target
(redirected from Takeover Targets)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Takeover target
A company that is the object of a takeover attempt, friendly or hostile.

Takeover Target
A publicly-traded company that is the object of a takeover, especially, but not necessarily, a hostile takeover. That is, another company is interested in buying the takeover target, often by buying its shares with the intent of obtaining a majority stake without the authorization of its board of directors. An acquiring company identifies takeover targets based on a variety of factors, including share price and growth potential; it may buy up to 5% of the takeover target without publicly disclosing its intentions. A takeover target is also called a target company.

takeover target


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Byline: Edited by CLINTON MANNING THE JJB Sports chain is on the prowl for takeover targets.
In an age when big-hitters will pay the fat end of five million dollars for a yearling, and on the day Ascot reopened for the royal meeting, it is worth reflecting that you could buy no fewer than 420,000 Takeover Targets for the price of our new racecourse.
 
 
 
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