"take-under" meaning in English

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "takeover"
      },
      "expansion": "takeover",
      "name": "m"
    }
  ],
  "etymology_text": "Modelled on takeover.",
  "forms": [
    {
      "form": "take-unders",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "take-under (plural take-unders)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Business",
          "orig": "en:Business",
          "parents": [
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "2008 October 24, Eric Dash, “PNC Gets National City in Latest Bank Acquisition”, in New York Times",
          "text": "PNC said the deal represented an offer of $2.23 for each share of National City, or nearly 19 percent below the stock’s closing price on Thursday. That makes the acquisition a “take-under,” meaning the purchase price is below the market value of the target company.",
          "type": "quotation"
        },
        {
          "ref": "2015 October 21, Antoine Gara, “Why KLA-Tencor's Sale Should Change Silicon Valley Forever”, in Forbes",
          "text": "Yes SanDisk is being acquired at a 40% premium to its stock price at the beginning of October, but the deal amounts to a 20% take-under from beginning of year share prices.",
          "type": "quotation"
        },
        {
          "ref": "2023 March 20, Roben Farzad, “Can banking takeovers and rescues stabilize the markets?”, in PBSNewsHour (transcript of interview)",
          "text": "And, immediately, they realized that Credit Suisse could not stand on its own two feet. And the government there in Europe, I think there was a lot of suasion to force what effectively is a shotgun take-under, a merger.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A proposed acquisition of a company at a price below its market price."
      ],
      "id": "en-take-under-en-noun-IRQ4Udbb",
      "links": [
        [
          "business",
          "business"
        ],
        [
          "acquisition",
          "acquisition"
        ],
        [
          "company",
          "company"
        ]
      ],
      "raw_glosses": [
        "(business) A proposed acquisition of a company at a price below its market price."
      ],
      "topics": [
        "business"
      ]
    }
  ],
  "word": "take-under"
}

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "takeover"
      },
      "expansion": "takeover",
      "name": "m"
    }
  ],
  "etymology_text": "Modelled on takeover.",
  "forms": [
    {
      "form": "take-unders",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "take-under (plural take-unders)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with quotations",
        "en:Business"
      ],
      "examples": [
        {
          "ref": "2008 October 24, Eric Dash, “PNC Gets National City in Latest Bank Acquisition”, in New York Times",
          "text": "PNC said the deal represented an offer of $2.23 for each share of National City, or nearly 19 percent below the stock’s closing price on Thursday. That makes the acquisition a “take-under,” meaning the purchase price is below the market value of the target company.",
          "type": "quotation"
        },
        {
          "ref": "2015 October 21, Antoine Gara, “Why KLA-Tencor's Sale Should Change Silicon Valley Forever”, in Forbes",
          "text": "Yes SanDisk is being acquired at a 40% premium to its stock price at the beginning of October, but the deal amounts to a 20% take-under from beginning of year share prices.",
          "type": "quotation"
        },
        {
          "ref": "2023 March 20, Roben Farzad, “Can banking takeovers and rescues stabilize the markets?”, in PBSNewsHour (transcript of interview)",
          "text": "And, immediately, they realized that Credit Suisse could not stand on its own two feet. And the government there in Europe, I think there was a lot of suasion to force what effectively is a shotgun take-under, a merger.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A proposed acquisition of a company at a price below its market price."
      ],
      "links": [
        [
          "business",
          "business"
        ],
        [
          "acquisition",
          "acquisition"
        ],
        [
          "company",
          "company"
        ]
      ],
      "raw_glosses": [
        "(business) A proposed acquisition of a company at a price below its market price."
      ],
      "topics": [
        "business"
      ]
    }
  ],
  "word": "take-under"
}