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Takeover Target

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, 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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His trainer Joe Janiak, who was a taxi driver at the time he bought the broken down and unraced Takeover Target for just A$1,400, was too distressed to talk.
AUSTRALIAN sprint stars Scenic Blast and Takeover Target came through a Newmarket morning workout with flying colours ahead of next week's July Cup.
JOE Janiak reports Takeover Target to have arrived on British soil in fine form as he prepares to line up at Royal Ascot for the fourth year in succession.
 
 
 
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