takeover

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In business, the acquisition by one company of a sufficient number of shares in another company to have effective control of that company – usually 51%, although a controlling stake may be as little as 30%.

Takeovers may be agreed or contested; methods employed include the dawn raid, and methods of avoiding an unwelcome takeover include reverse takeover, poison pills, or inviting a white knight to make a takeover bid.

Blue is said to represent the bright sky. The star stands for freedom. Effective date: 12 October 1954. >>