Takeover Bid

  • (noun): An offer to buy shares in order to take over the company.

Some articles on takeover bid, bid, takeover:

Geelong Gas Company - The End
... A takeover bid for the Geelong Gas Company was issued on 11 December 1964 when the company was served with a notice of acquisition by the Gas and Fuel Corporation ... The takeover bid was later withdrawn ... A takeover bid by the Gas and Fuel Corporation was made in 1970 when a Bill was passed in the State Parliament, with shareholders offered $3.40 a share ...
Airline Partners Australia - Takeover Bid
... decided that a fully franked special dividend could be paid during the bid period, in which case the offer consideration would be reduced by the dividend amount ... The takeover bid endorsed the existing management and structure of Qantas ... The initial bid required 70% shareholder approval, however this was later reduced to 50% ...
Directors' Duties - United Kingdom - Acting Within Powers
... of new shares, not for the purposes of raising capital but to defeat a potential takeover bid, that would be an improper purpose ... If so, an incidental result (even desirable) that a shareholder lost his majority, or a takeover bid was defeated would not itself make the share issue improper ... was to destroy a voting majority, or block a takeover bid, that would be an improper purpose ...
Glazer Ownership Of Manchester United - Red Knights Takeover Plans
... Glazer" has existed since the origin of the family's bid to take over the club ... and the chairman of investment bank Seymour Pierce, to broker a takeover ... – had met again to discuss the possibility of a billion-pound takeover of the club ...
History Of Yahoo! - Yahoo! (2006-2008) - Acquisition Attempt By Microsoft
... On February 1, 2008, after its friendly takeover offer was rebuffed by Yahoo!, Microsoft made an unsolicited takeover bid to buy Yahoo! for $44.6 billion in cash and stock ... their duty to shareholders by opposing Microsoft's takeover bid and pursuing "value destructive" third-party deals ... directly in hopes of electing a new board and moving forward with merger talks (a hostile takeover) ...

Famous quotes containing the words bid and/or takeover:

    “But thou, O King, I bid remember me, unwept, unburied,
    “Heap up mine arms, be tomb by sea-bord, and inscribed:
    “A man of no fortune, and with a name to come.
    Ezra Pound (1885–1972)

    A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.
    Joseph Brodsky (b. 1940)