takeover target


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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 ?
Oz-some: Takeover Target is primed to strike at Royal Ascot
* WHEN THE COMPANY became a takeover target, founder Jan Monroe, who no longer retained a controlling interest, searched out a buyer who would allow her to retain her independence and to grow professionally.
NEW YORK--As many as six publicly traded generics companies could become takeover targets in the near future, forecasts David Saks, vice president of research for Gruntal & Co.
Leading jockey Corey Brown never rode Takeover Target on the racetrack but finally got his chance on Sydney's Campbell Parade adjacent to the beach.
NORDIC BUSINESS REPORT-February 21, 2011--Swedish Biogaia pointed as takeover target in M&A wave(C)2011 M2 COMMUNICATIONS http://www.m2.com
John Best's colt returned to the promise he showed as a juvenile winner of the 2007 Nunthorpe Stakes as he got the better of War Artist, Sir Gerry and Takeover Target, all of whom are likely to challenge at Newmarket next month.
SUPER sprinter Takeover Target can prove his toughness by landing this afternoon's Golden Jubilee Stakes (3.45) on the final day of Royal Ascot.
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.
9-4 Fleeting Spirit, 9-2 Takeover Target, 8-1 Kingsgate Native, Magnus, 9-1 Benbaun, 11-1 Dandy Man, 14-1 Captain Gerrard, Equiano, 16-1 Hoh Mike, 20-1 Enticing, National Colour, 25-1 Georgebernardshaw, Moorhouse Lad, 33-1 Abraham Lincoln, Honoured Guest, 40-1 Reverence, 66-1 Matsunosuke.
In the King's Stand Stakes it looks all about the Australian invasion and all four - Takeover Target, Miss Andretti, Bentley Biscuit and Magnus - look capable of taking the sprint contest.
Last year's King's Stand Stakes winner Takeover Target, trained by Joe Janiak, Bentley Biscuit, from Gai Waterhouse's stable, Magnus, who will be saddled by Peter Moody, and the Lee Freedman-trained Miss Andretti have all been attracting plenty of support - and media coverage.
On that occasion he had Australian superstar Takeover Target back in third but the latter was made favourite to reverse the form.