takeover noun4 •The purchase of one company by another; a merger without the formation of a new company, especially where some stakeholders in the purchased company oppose the purchase. •(UK) The acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. •A time or event in which control or authority, especially over a facility is passed from one party to the next.Revollo was absent when Bolivian police and the navy captain arrived at dawn, and the base takeover came off without problems, according to a U.S. narcotics official. — 1991 •(slang) An event at which teens gather in public and act out; a street takeover. formstakeovers