takeover target

Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

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

References in periodicals archive ?
Freedman's mare had spearheaded the early dash along with compatriots Magnus and Takeover Target, but the writing was on the wall for the first-named pair some way from home.
The raiders are headed by Takeover Target who will bid to follow up his success in the Group 2 King's Stand and close third in the Group 1 Golden Jubilee last year.
Takeover Target was also third to Les Arcs in the Golden Jubilee Stakes last year, but his trainer thinks he is even better this time.
With a break behind him Takeover Target must have a great chance of claiming the July Course feature.
Although Takeover Target was third behind Les Arcs on that occasion, Janiak reported his seven-year-old to be in top form before the six-furlong test, where he is drawn in stall one of 17 runners.
But some would argue that enticing a turnaround artist to join a troubled company, always a takeover target, isn't easy--and the pay must be right.
Tesco by contrast is too expensive to be a takeover target.
At the same time, Monroe also perceived that MicroMash was becoming a takeover target.
We maintain our stance that the Company represents a very attractive takeover target because it holds an impressive patent portfolio and industry recognition.
ROYAL ASCOT legend Takeover Target was back in the spotlight down under when he was the star attraction on Bondi Beach at the launch of the Sydney Autumn Carnival.
In a truly international affair, last season's leading domestic speedster Sakhee's Secret should show to the fore, while tough-as-teak Aussie Takeover Target can make the frame.
SUPER sprinter Takeover Target can prove his toughness by landing this afternoon's Golden Jubilee Stakes (3.