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.
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.