In business, a takeover is the purchase of one company (the 
target) by another (the acquirer, or bidder). Before a 
bidder makes an offer for another company, it usually first 
informs that company's board of directors. If the board 
feels that accepting the offer serves shareholders better 
than rejecting it, it recommends the offer be accepted by 
the shareholders.

In a private company, the shareholders and the board are 
usually the same people or closely connected with one 
another. So, private acquisitions are usually friendly, 
because if the shareholders agree to sell the company then 
the board is usually of the same mind or sufficiently under 
the orders of the shareholders to cooperate with the 
bidder. This point is not relevant to the UK concept of 
takeovers, which always involve the acquisition of a public 
company.

saytam is an example of takeover