takeover bid

noun

: an attempt by someone to gain control of the company by buying most of its stock
The company is facing a takeover bid.

Examples of takeover bid in a Sentence

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The move comes as Musk has been engaged in a bitter rivalry with OpenAI that has included lawsuits, a war of words and — most recently — an unsolicited $97.4 billion takeover bid. Ina Fried, Axios, 18 Feb. 2025 OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. CBS News, 14 Feb. 2025 After receiving a takeover bid from Couche-Tard last year, Seven & I’s founding family had begun talks to take the convenience store owner private in what would have been the largest management buyout in history if successful. Reuters, CNN, 27 Feb. 2025 OpenAI last week unanimously rejected a $97.4 million takeover bid from Musk for the AI firm. Megan Cerullo, CBS News, 18 Feb. 2025 See All Example Sentences for takeover bid

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“Takeover bid.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/takeover%20bid. Accessed 17 Mar. 2025.

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