The phrase
"takeover candidate" refers to a company that is considered attractive or desirable for another company to acquire. It means that the company is seen as a potential target for a takeover or acquisition by another business.
Full definition
How often does your broker call you with tips about a
hot takeover candidate or a distressed company about to turn around?
Makharinsky, plus our panel of regulars — Bambi Francisco, Ezra Roizen and John Shinal — pretty much agreed that iLike will become an
attractive takeover candidate thanks to its fast - growing user base — over 20 million and growing at another one million every two weeks, according to CEO Ali Partovi.
Kozlowski divides his time between the Fortune Society, which is volunteer work, and a year - old M&A advisory practice and consultancy he set up with former colleagues, called Harbourside Associates, to help companies
evaluate takeover candidates or prepare for takeover and to provide business expertise for start - ups.
* Newark, N.J., joined Jersey City and Paterson school districts as a state -
takeover candidate in 1995.
While T. Rowe Price doesn't build a stock portfolio based on
potential takeover candidates, Umbarger says, that possibility has lately become a bigger part of the investment discussion at the firm, in terms of «How could you value it in the eyes of other beholders?»
With its sinking stock price, Fitbit may itself eventually become attractive as
a takeover candidate.
He also gave the nod to Mallinckrodt (MNK), up 23 % in the past three months, and which may also be
a takeover candidate.
Identifying
a Takeover Candidate: Perhaps few profit opportunities have received as much attention as corporate takeovers.
Selecting The Best $ 5 Stocks In the $ 5 range there are three groups of stocks which are especially appealing: emerging growth companies, turnaround plays, and
takeover candidates.
Additionally, they are potential
takeover candidates and are accretive to almost any current producer.
Takeover candidate: We believe Timmins is more likely to be an acquirer than a target; however, given its stable production base, exploration upside, and relatively low risk jurisdiction, we believe Timmins could be an attractive target for another mid-tier producer looking to add production.
So, I can certainly understand speculation from research firm ISI Group that lululemon could be a potential
takeover candidate.
As to «cheap,» TAVF tries not to pay more than 50 cents for each $ 1 dollar we think the company is worth as a private company or
a takeover candidate.
Also, Company A is unlikely to be
a takeover candidate or to engage in mergers and acquisitions; contests for control; spin - offs or liquidations.
The Fund's «Safe and Cheap [1]» approach to common stock investment encompasses consideration of four factors: super strong financial positions; reasonable managements; understandable businesses; and a price that represents a meaningful discount from our estimate of what the security would be worth were the business a private company, or
a takeover candidate.
In looking at the common stocks of potential
takeover candidates, TAVF is much more influenced by whether or not a deal at a substantial premium over market might close, as compared with which of several attractive securities is priced more attractively as a going - concern based on an NPV analysis.
However, the company will not be
a takeover candidate any time soon so I don't know why EV / EBITDA informs the investment decision any more than plain old PE.
The price at which the equity is available to the Fund ought to be no more than 50 % of what I think the business is worth as a privately owned enterprise, or as a merger / acquisition or
takeover candidate.
Rather, TAVF tries to acquire equities in companies that have good long - term growth prospects, are well - financed, are reasonably well - managed, and whose equities are available at prices that are cheap relative to a long - term, or indeterminate - term, valuation of the enterprise as a private business or
takeover candidate.
The Third Avenue goal in acquiring a common stock is to attempt to acquire the security at a price that represents a substantial discount from the price which would exist were the company a private business or
a takeover candidate.
Banks domiciled in these higher growth areas also tend to be more attractive
takeover candidates, especially for larger banks located predominantly in slower - growth areas.
Unfortunately, takeovers are rare in my portfolio * — I tend to avoid chasing potential
takeover candidates.