target company

target company definition - finance
A company that another company is attempting to take over, in either a hostile or friendly transaction. Once the acquiring company has acquired five percent of the outstanding shares of the company, the acquiring company must report this fact to the Securities and Exchange Commission on a 13D schedule.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.