takeover bid
noun[C]
ukus(alsotakeover offer)FINANCE
anofferorattemptto takecontrolof acompanybybuyingenough ofitssharesto do this, or theamountofmoneyoffered:
Thecompanysaid it wouldconsideratakeoverbid.
launch/make a takeover bid for sthThebillionaireinvestorlaunchedatakeoverbidfor thecompany.
receive/accept a takeover bidTheydecidedtoacceptthetakeoverbid.
hostile/unsolicited takeover bidHostiletakeoverbidsarealmostunknownin Japan wherecompaniestraditionallyagreetermsbehind thescenes.
Thecompanyhasreceiveda $416 milliontakeoveroffer.
See also
conditional bid
unconditional bid