Takeout

  

Well, yes, it's one way to get food in New York. But "takeout" more aptly refers to a company being acquired...as in its "takeout price," usually paid as some premium per share above whatever price at which the publicly traded company is trading.

A takeout premium might be 30%. If the stock was at $80, then the buyer will have paid $104 a share, "taking it out" of the hands of others, i.e. the existing owners, or maybe competitors who'd have loved to have owned it, but didn't pony up.

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