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takeover
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Takeover
In business, the acquisition by one company of a sufficient number of shares in another company to have effective control of that company – usually 51%, although a controlling stake may be as little as 30%.
Takeovers may be agreed or contested; methods employed include the dawn raid, and methods of avoiding an unwelcome takeover include reverse takeover, poison pills, or inviting a white knight to make a takeover bid.
© Research Machines plc 2008. All rights reserved. Helicon Publishing is a division of Research Machines plc.
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