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Takeover Attempt

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Takeover Attempt
An effort by a corporation or, less commonly, an individual, to purchase a majority of the stock in a publicly-traded company. A takeover attempt may be friendly or hostile but, in order to be successful, must be approved by a majority of shareholders (or, more specifically, the holders of a majority of shares).
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However, the latest potential bidder, who failed in his efforts to buy Sheffield Wednesday last season and has previously been linked with Newcastle, is yet to prove he has the funds available to launch a takeover attempt.
Sheard in talks by Huddersfield Daily Examiner (Huddersfield, England)
However, the latest potential bidder, who failed in his efforts to buy Sheffield Wednesday last season and has previously been linked with Newcastle, is yet to prove he has the funds available to launch a takeover attempt.
New bidder emerges to take over at Magpies by Coventry Evening Telegraph (England)
48 billion euros that Ryanair offered for its Irish rival in an unsuccessful takeover attempt in October 2006.
Ryanair opens Aer Lingus takeover bid until Jan 5 by AFP / AFP European Edition
 
 
 
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