
"Takeover"
A "takeover" refers to the process where one company acquires control of another company, often by purchasing a majority of its shares. This can happen through a friendly agreement or a hostile action if the target company's management opposes the purchase. The acquiring company then gains influence over the company’s decisions, operations, and strategy. Takeovers are common in business as companies seek expansion, diversification, or increased market share. They can be achieved through buyouts, mergers, or other financial arrangements, impacting the organization’s structure and leadership.