Target Company (Noun)
Meaning
A company that has been chosen as attractive for takeover by a potential acquirer.
Classification
Nouns denoting groupings of people or objects.
Examples
- The private equity firm had identified the target company as a prime candidate for acquisition due to its strong market position and growth potential.
- As the potential acquirer began to make its move, the target company's board of directors sprang into action to assess the offer.
- The target company's shares surged on the news that a large conglomerate was considering a bid to acquire the company.
- Due diligence on the target company was nearing completion, and the acquiring firm was eager to finalize the deal.
- Analysts speculated that the target company's unique technology would be a major asset for the acquiring firm, justifying the hefty price tag.