change of control

New ownership transition

A change of control occurs when ownership or governing authority of a company shifts to different hands—typically through acquisition, merger, or transfer of majority shares.

The term appears frequently in contracts and employment agreements, where it triggers specific provisions: The CEO's golden parachute activates upon a change of control.

Corporate bylaws often require board approval before any change of control can proceed.

Related

boardroom coup · buyout · management buyout · coup · transition · passing the torch · handover · power shift · new management · succession · transfer · boardroom · shareholders · proxy fight · corporate raid · overthrow · usurp · oust

Opposites
ownership transition status

change of controlstatus quo

Existing condition of affairs

family ownership · steady state · business as usual

organizational stability

change of controlbusiness continuity

Sustaining operations through crises

steady state · organic growth · going concern · business as usual · day-to-day operations

Family

change, control, changes, changed, changing, changer, changeable, unchangeable, interchange

Familiarity
Top 500,000
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Used worldwide · Timeless · Abstract · Rated G