Takeover bid

A takeover bid is an operation carried out in the stock market through which a company publicly expresses its desire to acquire a part or all of the shares in a listed company. The operation is aimed at all those who hold shares in the company, to whom a specific acquisition price is offered for each of the securities. The goal of a takeover bid is to take control of the company that is the subject of the offer. It can be either friendly (in agreement with the "target" company's managers) or hostile (without their agreement).