Answer / navii

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.

Answer / babitha

saytam is an example of takeover

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