Business, Legal & Accounting Glossary
A group of investors are said to be acting in concert when they work together to achieve the same goal, often the purchase of a certain amount of a company’s stock with a view to launching a takeover. They can be said to be working as a concert party.
Acting In Concert is when a number of persons act collectively in the affairs of an undertaking, whether that is based on either a formal agreement or an informal understanding.
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This glossary post was last updated: 26th April, 2020 | 7 Views.