takeover stock

Takeover Stock

Stock in a company that is considered a primary target for a hostile takeover. Takeover stock is likely to rise significantly in price as rumors of a takeover are thought to increase demand.

takeover stock

A stock that, for various reasons, has good potential for being taken over by another firm. In 1985, companies engaged in radio and television broadcasting were considered potential takeover targets; as a result, their stock achieved significant price gains. See also in play, split-up value.
References in periodicals archive ?
Janesky set a debt-adjusted takeover stock price of $14 to $17 a share, adding that StaffMark could be sold at a higher price if its five divisions were broken up and sold separately.
Securities Data Publishing (SDP; New York), a division of Thomson Financial Services (TFS) and the Thomson Corp., has acquired The Takeover Stock Report (www.takeoverstockreport.com) from founders Raymond Murphy and Amy Barefoot.
Rubin was a specialist in takeover stock at Goldman Sachs, where, as co-chairman, he had "a stake that is reportedly valued at between $50 million and $100 million," according to The Wall Street Journal.
Misra, 1989, "Public Information and Pre-Announcement Trading in Takeover Stocks," Journal of Economics and Business 41, 225-233.
"For a company the size of Lilly, this is a manageable deal, so there shouldn't be major concern; but the market is worried about any funding issues at the moment," said one trader who specializes in takeover stocks.