A "Takeover" refers to a situation where one company acquires control over another company. This can happen through purchasing a majority of its shares or assets. Takeovers are often strategic moves to expand a company's market reach, gain new technologies, or eliminate competition.
In the business world, takeovers can be friendly or hostile. A friendly takeover occurs when the target company agrees to the acquisition, while a hostile takeover happens against the wishes of the target company's management. Notable examples include the Disney takeover of Pixar and the Microsoft acquisition of LinkedIn.