Top Definition
(BUSINESS) in a hostile takeover, the business entity that will be the new owner. Usually a takeover vehicle is a corporation in an industry related to that of the target company.

In cases where the takeover is not NECESSARILY hostile, the term "acquisition vehicle" is used.
In recent years, the PE fund has become a common form of takeover vehicle.
by Sorry, the good guys lost September 04, 2010

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