0 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: --
hostile/unsolicited takeover bid Hostile takeover bids are almost unknown in Japan where companies traditionally agree terms behind the scenes.
receive/accept a takeover bid They decided to accept the takeover bid.
launch/make a takeover bid for sth The billionaire investor launched a takeover bid for the company.