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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Expedia , Uber — Shares of the companies moved in opposite directions following a Financial Times report, which cited people familiar with the process, that Uber explored a potential takeover bid for Expedia.
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Michelle Fox, CNBC, 17 Oct. 2024
The retailer’s stock jumped as much as 11.7% before closing up 4.71%, following news that Canadian convenience store operator Alimentation Couche-Tard had raised its takeover bid by about 20%, according to Bloomberg.
—Brooke Seipel, Fortune, 9 Oct. 2024
UniCredit earlier this month took a 9% stake in Commerzbank, before looking to boost it to 21% earlier this week and putting in a request to hold as much as a 29.9% stake in the German bank, hinting at a potential takeover bid.
—Sophie Kiderlin, CNBC, 27 Sep. 2024
Bloomberg | Bloomberg | Getty Images UniCredit’s CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards.
—Ruxandra Iordache, CNBC, 12 Sep. 2024
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Michelle Fox, CNBC, 17 Oct. 2024
The retailer’s stock jumped as much as 11.7% before closing up 4.71%, following news that Canadian convenience store operator Alimentation Couche-Tard had raised its takeover bid by about 20%, according to Bloomberg.
—Brooke Seipel, Fortune, 9 Oct. 2024
UniCredit earlier this month took a 9% stake in Commerzbank, before looking to boost it to 21% earlier this week and putting in a request to hold as much as a 29.9% stake in the German bank, hinting at a potential takeover bid.
—Sophie Kiderlin, CNBC, 27 Sep. 2024
Bloomberg | Bloomberg | Getty Images UniCredit’s CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards.
—Ruxandra Iordache, CNBC, 12 Sep. 2024
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 21 Nov. 2024.
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