Products & Services | News | Support |
About | Contacts |
||
|
Copyright © 2004 itlocus.com. All rights reserved
Privacy Policy |
|||
Raider - Often used in risk arbitrage. Individual or corporation investor who intends to take control (often ostensibly for greenmail) of a company by buying a controlling interest in its stock and installing new management. Raiders who accumulate 5% or more of the outstanding shares in the target company must report their purchases to the S.E.C., The exchange of listing, and the target itself. See: takeover.
An individual or organization who tries to take over a company by initiating a hostile takeover bid.