Sentences with phrase «to block the takeover»
"To block the takeover" means to take actions or make efforts to prevent another person, company, or group from gaining control or power over something. Full definition
Nassau County Executive Ed Mangano is suing a state board in hopes of blocking its takeover of county finances.
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Last week, CNBC reported the Justice Department could sue to block the takeover unless AT&T agrees to sell its DirecTV division or Time Warner's Turner Broadcasting, which owns CNN.
The Trump administration, for instance, recently blocked the takeover bid of U.S company Qualcomm by the Singapore - based Broadcom, on national security grounds.
Moreover, unlike at many tech businesses, there's no dominant or super-voting shareholder able to block takeover attempts.
Maryland would have been the first state in the country to take over schools for NCLB restructuring, but Grasmick's efforts met with intense political opposition from Baltimore's mayor and other political leaders, and the state legislature passed a bill blocking the takeover.
The U.S. threatened to block the takeover of oil giant Unocal by the China National Offshore Oil Corp. in 2005; and when a merger created mega-miner BHP Billiton in 2001, the Australia government made sure the head office was located in Australia, not Britain.
The federal government's recent decision to block the takeover of Potash Corp. by Australian mining company BHP Billiton has sparked much debate about which types of Canadian industries should be protected from foreign buyers.
Yet the idea of the Quebec - born national home - and - garden chain falling into American hands mobilized the provincial government to attempt to block the takeover.
The use of national security concerns by President Donald Trump to block a takeover that had yet to be agreed was unprecedented and spooked dealmakers around the world at a time when the US government is pursuing more protectionist policies.
Activist CIAM wants the supermarket to scrap its foundation that can be used to block takeovers.
Suncorp says it will not appeal against the New Zealand regulator's decision to block its takeover of insurer Tower Limited.
Mr Sims said it remains unclear following the decision for Tabcorp to take their Tatts merger directly to the Australian Competition Tribunal whether other big mergers such as BP's blocked takeover of Woolworths service stations will try to seek approval in the courts.
Speaking before last night's conference, he cited attempts by the French and Luxembourg governments to block takeovers of domestic firms and warned such «economic patriot policies» would do nothing for economic growth across the European Union.
«We need Europe to wake up to the costs of agricultural protectionism and also what we have seen in the last few months - restrictive practices by some of the major economies in Europe where they are blocking takeovers and trying to operate what are called economic patriot policies,» he said.
Then, in a break from the Republican tradition of law antitrust enforcement, the White House moved to block the takeover.
Ready Player One will be hard to miss: It will dominate a two - story, city - block takeover of Brazos Hall with an event that runs from Friday - Sunday, March 9 - 11.
In April, parents and teachers launched a high - profile fight to block a takeover of Steel by a charter - school network after the district, citing the school's low test scores, declared it in need of an overhaul.
Simon says 85 % of Taubman's shareholders voted to accept the deal, but the Taubman family and its allies still control enough voting shares to block the takeover.