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White-Shoe Firm
(redirected from White shoe firm)

    Also found in: Wikipedia 0.04 sec.
White-Shoe Firm
Slang for broker-dealers who are strongly against hostile takeover practices.

Notes:
The white-shoe firm's name is derived from the white buck shoes that were a fashion requirement within elite social organizations in the 1950s.

White-shoe firm
Broker-dealer firms that disdain practices such as hostile takeovers.
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