also: ティーオービー
noun
Financial term for a public offer to purchase shares of a target company, often to gain control.
その企業は敵対的ＴＯＢを仕掛けられた。
The company was targeted by a hostile take-over bid.
ＴＯＢ価格は一株あたり二千円に設定された。
The take-over bid price was set at 2,000 yen per share.