Shadowing Practice: Board Meeting: Responding to a Takeover Bid - Learn English Speaking with Video

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34 sentences
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1
Right, shall we begin? I take it you've all read it.
2
Oh, read it, reread it, and lost a night's sleep.
3
Entirely unsolicited, of course. How very thoughtful of them.
4
I fear Hartwell think we're ripe for the picking.
5
Well... at nine pounds a share, who can blame them?
6
Helen, give it to us straight. Is the price fair?
7
Frankly, no. It undervalues us quite considerably.
8
And the bid ignores every contract we've signed since spring!
9
So they're buying the dip, and calling it generosity.
10
Twenty percent short, at least, on any sensible valuation.
11
The trouble is, our shareholders may not see it that way.
12
Well, a thirty percent premium is awfully tempting.
13
Ugh, the hedge funds will be ringing by lunchtime.
14
Which is precisely why we can't dismiss it out of hand.
15
And what becomes of our people in all this?
16
Hartwell's record on integration is, shall we say, brutal.
17
They gutted the last firm they acquired... within a year.
18
Synergies, they called it, if memory serves.
19
And our culture is half of what they're paying for.
20
Still, our fiduciary duty is to the shareholders, first and foremost.
21
Agreed, but that duty means securing full value,
22
not rubber-stamping the first bid that comes along.
23
Hang on, so is this a no, or a not yet?
24
Hmm... that, I suspect, is the real question.
25
We could reject it, but signal we're open to talks.
26
If they want us, let them sharpen their pencils.
27
Yes! And meanwhile, we quietly sound out a white knight!
28
Brightway have been circling for years, haven't they?
29
They have! And they'd keep the business intact.
30
Right, then. We reject the offer as it stands,
31
but we make it clear the door isn't closed.
32
Firm, but not slammed shut. I like it.
33
Lovely. I'll have the advisers rework the numbers by Friday.
34
Excellent. And naturally, not a word leaves this room.

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Vocabulary and speaking notes for this lesson

This C2 speaking lesson is built on the video “Board Meeting: Responding to a Takeover Bid”. This video has 34 sentences and 315 words to shadow. The speech runs for 2:21. The speaker talks at a steady 134 words per minute, a comfortable pace for shadowing. Only 77% of the words are among the 3,000 most common in English, so the vocabulary is demanding. 6 of its 34 sentences are questions, so it is good practice for question intonation and short answers.

Key vocabulary in this video

The 15 most advanced words in the video, with pronunciation and meaning:

WordPronunciationMeaning
shareholder noun/ˈʃɛəˌhəʊl.də(ɹ)/One who owns shares of stock in a corporation.
awfully adverb/ˈɔ.f(ə.)li/Badly, terribly.
fiduciary noun/fəˈduːʃ.i.eɹ.i/One who holds something in trust for another.
lunchtime noun/ˈlʌnt͡ʃtaɪm/The time or hour at or around which lunch is normally eaten.
reread verb/ɹiːˈɹiːd/To read again.
rework noun/ˈɹiːwɜː(ɹ)k/The act of redoing, correcting, or rebuilding.
sharpen verb/ˈʃɑɹpən/To make sharp.
synergy noun/ˈsɪnəɹd͡ʒi/A synonym of binding energy.
undervalue verb/ˌʌndə(ɹ)ˈvælju/To underestimate, or assign too low a value to (something or someone); to have too little regard for.
unsolicited adjective/ˌʌnsəˈlɪsɪtɪd/Not requested; neither welcomed nor invited.
generosity noun/ˌd͡ʒɛn.əˈɹɑ.sə.ti/The trait of being willing to donate money, resources, or time.
ripe adjective/ɹaɪp/Of a fruit, vegetable, seed, etc., ready for reaping or gathering; having attained perfection; mature.
hedge noun/ˈhɛd͡ʒ/A thicket of bushes or other shrubbery, especially one planted as a fence between two portions of land, or to separate the parts of a garden.
valuation noun/ˌvæ.ljuːˈeɪ.ʃən/An estimation of something's worth.
foremost adjective/ˈfɔː.məʊst/Positioned in front of (all) others in space, most forward.

Phrasal verbs you will hear

WordMeaning
come along verbTo accompany.
sound out verbTo question and listen attentively in order to discover a person's opinion, intent, or preference, especially by using indirect conversational remarks.

Sentences worth repeating

Short, complete lines from the video that you can reuse in everyday conversation:

  • Right, shall we begin?
  • I take it you've all read it.
  • Hartwell's record on integration is, shall we say, brutal.
  • Brightway have been circling for years, haven't they?

Pronunciation to watch

The speaker uses 11 contractions and reduced forms, such as they're, we're, can't. Say them the short way, as you hear them.

  • The “sh” and “zh” sounds: shareholder /ˈʃɛəˌhəʊl.də(ɹ)/, fiduciary /fəˈduːʃ.i.eɹ.i/, sharpen /ˈʃɑɹpən/, valuation /ˌvæ.ljuːˈeɪ.ʃən/
  • Long words — get the stress right: fiduciary /fəˈduːʃ.i.eɹ.i/, undervalue /ˌʌndə(ɹ)ˈvælju/, unsolicited /ˌʌnsəˈlɪsɪtɪd/, generosity /ˌd͡ʒɛn.əˈɹɑ.sə.ti/, valuation /ˌvæ.ljuːˈeɪ.ʃən/

How to practise with this video

  1. Listen to the whole video once without speaking and note the words you do not know.
  2. Shadow it sentence by sentence at normal speed, repeating each one until your rhythm matches the speaker.
  3. Record yourself and compare with the original, paying attention to words like shareholder, awfully, fiduciary.

What is the Shadowing Technique?

Shadowing is a science-backed language learning technique originally developed for professional interpreter training and popularized by polyglot Dr. Alexander Arguelles. The method is simple but powerful: you listen to native English audio and immediately repeat it out loud — like a shadow following the speaker with just a 1–2 second delay. Unlike passive listening or grammar drills, shadowing forces your brain and mouth muscles to simultaneously process and reproduce real speech patterns. Research shows it significantly improves pronunciation accuracy, intonation, rhythm, connected speech, listening comprehension, and speaking fluency — making it one of the most effective methods for IELTS Speaking preparation and real-world English communication.

Shadowing technique: read the full step-by-step guide →