Takeover

A takeover is the act of assuming control or ownership of something, typically a business or company, by buying a controlling share of its stock. It can also refer to the assumption of power or responsibility, often in a forceful or unexpected manner. Takeovers are usually initiated to gain strategic advantages, expand market share, eliminate competition, or streamline operations. This process often involves significant financial transactions, legal complexities, and potential restructuring of the target entity. Successful takeovers can lead to increased efficiency, innovation, and profitability for the acquiring company, but they can also result in job losses, cultural clashes, and disruption for the acquired company. The term can also be used more broadly to describe one group or entity gaining dominance or control in various contexts such as political or cultural spheres.

Takeover meaning with examples

• The hostile takeover bid by the larger corporation sent shockwaves through the industry. After a protracted battle, the acquiring company successfully secured enough shares to complete the takeover, leading to the eventual merger of the two entities, and speculation on what would happen to the workforce of the now absorbed entity.
• Following the sudden political upheaval, the military staged a takeover, imposing martial law and suspending the constitution. The new government’s first action was to declare a state of emergency, consolidating control and limiting civil liberties, triggering international condemnation and domestic resistance.
• The software company's innovative new program caused a gradual market takeover, as consumers switched en masse to the superior and easier-to-use software, resulting in the downfall of their older, clumsier, and more difficult competition, thus creating a near monopoly.
• The sports team's strategic acquisition of several key players enabled a rapid takeover of their league, consistently winning matches and dominating the standings, thereby establishing their dominance and setting the stage for potential championships and subsequent advertising revenue.