Acting in concert

Investors working together and performing identical actions to attain the same investment goal.

Acting in Concert

Describing two or more investors coordinating with each other to achieve the same investment goal. This especially applies to two institutional investors acting in concert; for example, they may act together to take over a smaller company and split the management duties between them. See also: Joint venture.

acting in concert

Two or more investors acting together to achieve a common goal. For example, a number of relatively large investors may accumulate a major position in a security in an attempt to influence management decisions.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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