friendly takeover
- noun
- /ˈfrɛndli ˈteɪkˌoʊvər/
- Specialized
- Norton stock jumped 17 percent after the company agreed to a friendly takeover by a French firm.
Examples
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In 1985, Pure Vibe soda completed a friendly takeover... ...of Mr. Twinkle Iced Tea.
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It looks like President Obama is assisting in a friendly takeover of the Office of Management and Budget (OMB) by Bain Capital.
Blog text (20) -
Lotus Development Corp. agreed to a friendly takeover by IBM for $3.52 billion, about $220 million more than IBM's initial offer.
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More than four years ago, the hospital's trustees agreed with Dr. Skinner's idea to form the New York Hospital Care Network, effectively a friendly takeover of smaller institutions.
Synonyms
The purchase of a company or most of its shares to take control
Gaining control of a company by buying its shares or merging with it
Antonyms
- Specialized
One company buys another company even though its managers say no
How Hostile
Surface Forms
Morphology
The phrase combines the noun 'takeover' (acquiring control of a company) with the adjective 'friendly' (amicable, approved), so a learner who knows both words can infer that the takeover is approved or welcomed by the target company. This follows a regular adjective + noun compositional pattern and has direct cross-linguistic equivalents, making the meaning immediately comprehensible to a B1 learner.
Etymology
Friendly takeover comes from the image of one company taking control while the other company's managers meet, shake hands and agree. The word friendly shows the welcome attitude and takeover is the act of taking control, so the phrase means 'approved and welcomed' by the target company's management.