An offer by one company to buy up all or greater part of another company's share is known as?
Answer Details
An offer by one company to buy up all or a majority of another company's shares is known as a "take-over bid." Essentially, it is a proposal made by the acquiring company to purchase enough shares of the target company to gain control of its operations. This is typically done by offering shareholders a premium price for their shares. The acquiring company may use this strategy to gain access to the target company's assets, intellectual property, or customer base, or to eliminate a competitor in the marketplace. A takeover bid is also known as an acquisition bid or buyout offer.