A company suitable for takeover is described as a target.
Track record
Investors like to invest in management and companies with a track record of producing profits. This presents problems in the case of a new venture, but the same principle applies because the individuals running the new venture each have their own track record.
Trade sale
Sale of a company to another company. As a form of exit, a trade sale is a more common alternative to a flotation.
Turnaround
When a failing business is made profitable. This can be achieved by existing management or through a rescue involving new management.