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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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 Figs — The medical apparel maker surged 22% after The Wall Street Journal reported Figs received a takeover bid from Story3 Capital Partners. —

Lisa Kailai Han, CNBC, 11 Dec. 2024 Two judges, one federal and another in Washington state, ruled on Tuesday against Kroger’s $25 billion takeover bid for Albertsons, granting court orders blocking the deal. —

Alexander Coolidge, The Enquirer, 10 Dec. 2024 In recent months, Intel has also been the subject of activist investor interest, including a potential takeover bid, as its performance has lagged. —

William Gavin, Quartz, 3 Dec. 2024 See all Example Sentences for takeover bid