o·ver·take, oʊ vərˈteɪk/ Show Spelled [oh-ver-teyk] verb, -took, -tak·en, -tak·ing.
verb (used with object)
1. to catch up with in traveling or pursuit; draw even with: By taking a cab to the next town, we managed to overtake and board the train.
2. to catch up with and pass, as in a race; move by: He overtook the leader three laps from the finish.
3. to move ahead of in achievement, production, score, etc.; surpass: to overtake all other countries in steel production.
4. to happen to or befall someone suddenly or unexpectedly, as night, a storm, or death: The pounding rainstorm overtook them just outside the city.
It can mean to go beyond something by being better, or if you’re driving to come from behind another vehicle or a person and move in front of it.
For example: You should always check your rear view mirror before you overtake another car.
Takeover as a noun is used when one organisation gains control of a company by buying most of its shares.
For example: In September 2006 Merck announced their takeover of Serono SA.
Take over as a phrasal verb means to get control of a company by buying most of its shares.
For example: Merck finally took Serono over in 2007.