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creeping takeover

A Dictionary of Business and Management | 2006 | © A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information) Copyright

creeping takeover The accumulation of a company's shares, by purchasing them openly over a period on a stock exchange, as a preliminary to a takeover (see takeover bid). There are regulations governing this process and stipulating the maximum number of shares that can be acquired before formal notification must be made and a bid undertaken.

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