Who of stakeholders benefits on takeover?

In a takeover, shareholders of the target company typically benefit the most, as they often receive a premium on their shares. Additionally, executives and management of the acquiring company may benefit from increased compensation and expanded influence. Employees of the acquiring company may also see advantages if the takeover leads to growth and job security, while customers might benefit from improved products or services due to increased resources. However, stakeholders like employees of the target company may face uncertainty or layoffs post-takeover.