Business, Legal & Accounting Glossary
A term (commonly used in Britain) describing a raider’s instruction to one or more brokers to purchase as many available shares as possible in a target company as soon as the market opens for the day. This enables the raider to build a significant position before the target company is aware of the takeover attempt.
hostile takeover
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This glossary post was last updated: 29th October, 2021 | 0 Views.