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'Takeover' means an act of assuming control of something, especially the buying out of one company by another. What is the meaning of 'takeover'?

1. A temporary loan
2. A joint venture
3. A merger of equals
4. Assumption of control by acquisition

Correct answer: Assumption of control by acquisition

Solution

A takeover is when one entity gains control of another, usually by purchasing its shares or assets. Among the options, 'Assumption of control by acquisition' matches this meaning exactly.

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