A takeover is when one person or company gains control of another person or company, usually by buying a majority of its shares or assets. Full definition
There, a controversial state takeover of the local schools may solve some problems, but parents worry it isn't helping students who are behind academically. (hechingerreport.org)
All sides will be back next year for another round of takeover bids. (educationnext.org)
They are also used as an excuse for a state takeover of oil assets. (fortune.com)