takeover bid

noun

: an attempt by someone to gain control of the company by buying most of its stock
The company is facing a takeover bid.

Examples of takeover bid in a Sentence

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After receiving a takeover bid from Couche-Tard last year, Seven & I’s founding family had begun talks to take the convenience store owner private in what would have been the largest management buyout in history if successful. Reuters, CNN, 27 Feb. 2025 OpenAI last week unanimously rejected a $97.4 million takeover bid from Musk for the AI firm. Megan Cerullo, CBS News, 18 Feb. 2025 Korea Zinc has said the Chang family’s takeover bid is an attempt by Young Poong to bolster its flagging zinc operations. Daisuke Wakabayashi, New York Times, 22 Jan. 2025 Justin Merriman | Bloomberg | Getty Images U.S. President Joe Biden has decided to block Nippon Steel’s $14.9 billion takeover bid of U.S. Steel, the Washington Post reported on Friday, citing two unnamed administrative officials. Kristian Burt, CNBC, 3 Jan. 2025 See All Example Sentences for takeover bid

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“Takeover bid.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/takeover%20bid. Accessed 12 Mar. 2025.

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