take-under
take-under noun: a proposed acquisition of a company at a price below its market price.
Noun
take-under (plural take-unders)
- A proposed acquisition of a company at a price below its market price.
- PNC said the deal represented an offer of $2.23 for each share of National City, or nearly 19 percent below the stock’s closing price on Thursday. That makes the acquisition a “take-under,” meaning the purchase price is below the market value of the target company.2008 October 24, Eric Dash, “PNC Gets National City in Latest Bank Acquisition”, in New York Times
- Yes SanDisk is being acquired at a 40% premium to its stock price at the beginning of October, but the deal amounts to a 20% take-under from beginning of year share prices.2015 October 21, Antoine Gara, “Why KLA-Tencor's Sale Should Change Silicon Valley Forever”, in Forbes
Forms of take-under
| plural | take-unders |
|---|
Origin of take-under
Modelled on takeover.
Questions about take-under
- What does take-under mean?
- Take-under means a proposed acquisition of a company at a price below its market price.
- What part of speech is take-under?
- Take-under is a noun.
- What is the plural of take-under?
- The plural of take-under is take-unders.
Words near take-under in the dictionary
Source and license
Adapted from Wiktionary: take-under (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
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