Takeover Attempt (Noun)
Meaning
An attempt to take control of a corporation.
Classification
Nouns denoting acts or actions.
Examples
- The takeover attempt by the rival company was met with resistance from the board of directors, who vowed to protect shareholder interests.
- The company's stock price soared after news of a potential takeover attempt by a prominent investor broke.
- Shareholders expressed concerns about the takeover attempt, citing fears that the acquisition could lead to significant job losses.
- Analysts predicted that the takeover attempt would be successful, given the acquirer's deep pockets and aggressive expansion strategy.
- Regulatory approvals were secured, but the takeover attempt was eventually scuttled when antitrust concerns could not be addressed to the satisfaction of the authorities.