Learn useful ways to say "process of taking" in English with drama examples and natural alternatives.

It means the takeover begins now and the speaker is stating it as a formal business fact.
From The Day We Got Married, Episode 1
Someone is announcing that a hostile company takeover starts immediately.
Use this in a work or business setting when announcing a takeover, merger, or other formal change. It sounds corporate and stiff, not natural for casual conversation.
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