Activities
Takeovers
All the words and definitions in this exercise come from the Longman Business English Dictionary.
These are words/phrases used to describe takeover bids in the business media:
Decide which phrase would be used in each of the stories below.
2. It turns out that a well-known company has borrowed money in order to take another company over. Phrase used: choose one dawn raid paper bid leveraged buyout poison pill scorched-earth policy creeping takeover
3. You read that another company has been taken over by a company which bought up a large number of shares early in the day's trading. Phrase used: choose one dawn raid paper bid leveraged buyout poison pill scorched-earth policy creeping takeover
4. You read that, as a shareholder, you are likely to be offered shares as part of a rival company's attempt to take over your company. Phrase used: choose one dawn raid paper bid leveraged buyout poison pill scorched-earth policy creeping takeover
5. You subsequently read that your company has limited the amount of stock that can be bought at one time, to make it difficult for any other companies to take it over. Phrase used: choose one dawn raid paper bid leveraged buyout poison pill scorched-earth policy creeping takeover
6. There are rumours that a large manufacturer has been buying shares in a rival company over a period of time and may be hoping to take it over. Phrase used: choose one dawn raid paper bid leveraged buyout poison pill scorched-earth policy creeping takeover
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