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

Recent Examples on the Web
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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 Image Image The end of a troubled takeover bid President Biden is set to officially block Nippon Steel’s $14 billion takeover of U.S. Steel as soon as Friday, most likely putting an end to an industrial megadeal that ran up against widespread political opposition. Andrew Ross Sorkin, New York Times, 3 Jan. 2025 Multiple media reports have surfaced that Qualcomm has approached Intel about a takeover bid that would top Microsoft’s $69 billion takeover of Activision as the largest technology deal in history—if the acquisition were to occur. John Kell, Fortune, 25 Sep. 2024 Similarly, in 2015, Avon Products saw its stock surge by 20% after scammers filed a bogus SEC document claiming a takeover bid by a nonexistent firm. Yasin Dus, Forbes, 20 Dec. 2024 See all Example Sentences for takeover bid 

Dictionary Entries Near takeover bid

Cite this Entry

“Takeover bid.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/takeover%20bid. Accessed 2 Feb. 2025.

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