Change in control

ASK OUR MANAGER TO FIND A BETTER QUOTE
OR IT’S PAGE NUMBER
GET HELP

change (noun, change, \ tʃeɪndʒ \) in control (noun, con-trol, \ kənˈtroʊl \)

Definition: is a situation in which either a company is purchased by another company or when a substitution occurs in the ownership of a single enterprise due to an existing or new shareholder acquiring its majority shares. When a change in control takes place, all company investors are advised to evaluate and estimate how such a shift can alter the value of the enterprise and decide whether they should pull out their money.

In a Sentence:

  1. After our majority stockholder passed away, our company underwent a change in control.
  2. Even though regular line employees were unaware of the change in control taking place, they felt that something grand was happening and that their company will soon be transformed.
  3. Once the deal with Solar-Tech was finalized, the workers at LeadBlock understood that a change in control was inevitable.

Synonyms and related words: change control, acquisition, merger, cash merger