Definition
Take-out or takeout; carry-out; take-away, takeaways, parcel, refer to prepared meals or other food items, purchased at a restaurant, that the purchaser intends to eat elsewhere. A concept found in many ancient cultures, take-out food is now common worldwide, with a number of different cuisines and dishes on offer.
Takeout
What is ‘Takeout’
A slang term denoting the purchase of a company through an acquisition, merger or other form of buyout. A takeout can refer to a hostile takeover, a friendly merger, or a leveraged or management buyout.
Explaining ‘Takeout’
A company is said to be “in play” if it is likely to be acquired in the future, or currently has bids from purchasers. A takeout refers to the company being taken out of play, which occurs when the acquisition has been finalized.
Further Reading
- Shock-based causal inference in corporate finance and accounting research – papers.ssrn.com [PDF]
- Shareholder Coordination Costs, Shark Repellents, and Takeout Mergers: The Case Against Fiduciary Duties – onlinelibrary.wiley.com [PDF]
- Food's other takeout – www.oecd-ilibrary.org [PDF]
- The economics of wagering markets – www.jstor.org [PDF]
- Bitcoin: Economics, technology, and governance – www.aeaweb.org [PDF]
- Implicit taxation in lottery finance – www.nber.org [PDF]
- Information takeout and delivery: a case study exploring different library service delivery models – www.tandfonline.com [PDF]
