takeover bid
noun [ C ]
ukus(also takeover offer) FINANCE
an offer or attempt to take control of a company by buying enough of its shares to do this, or the amount of money offered:
The company said it would consider a takeover bid.
launch/make a takeover bid for sth The billionaire investor launched a takeover bid for the company.
receive/accept a takeover bid They decided to accept the takeover bid.
hostile/unsolicited takeover bid Hostile takeover bids are almost unknown in Japan where companies traditionally agree terms behind the scenes.
The company has received a $416 million takeover offer.
See also
conditional bid
unconditional bid