corporate raider


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Related to corporate raider: hostile takeover

Corporate Raider

A person or company that is offering or executing a hostile takeover by buying shares directly from shareholders. If a firm makes an offer to shareholders to acquire a publicly-traded company after the board of directors refuses, or if it bypasses the board completely, one refers to the acquiring firm as a corporate raider. Often, the corporate raider does not actually intend to take over the target company, but is simply trying to force the board of directors to repurchase shares at a premium to their market value. A corporate raider that accumulates more than 5% of a company's outstanding shares must register with the SEC. It is also known simply as a raider. See also: Greenmail, Premium raid.

corporate raider

See raider.

corporate raider

see ARBITRAGEUR.
References in periodicals archive ?
As the corporate raiders left their stockholders high and dry, so the nation raiders will leave American citizens fending for themselves in desolate, dysfunctional cities.
54) involved a target that (i) resisted a corporate raider, (ii) incurred expenses to find a white knight, (iii) was subsequently bought out by the corporate raider, and (iv) thus did not merge with the white knight, which (v) was consequently paid break-up fees.
Corporate raider Carl Icahn has been pressing Michael Dell to raise his bid.
Summary: A battle over US computer giant Dell heated up Friday as corporate raider Carl .
The movie, called Wall Street: Money Never Sleeps, brings back the character of the ruthless corporate raider Gordon Gekko, who became a symbol for the risk-taking culture in global finance.
The actor bagged a best actor Oscar for playing the character in the 1987 movie which features Charlie Sheen as a young stockbroker desperate to succeed a wealthy but unscrupulous corporate raider, played by Douglas, whom he idolizes.
Yahoo has said it rejected a "ludicrous" deal with Microsoft orchestrated by corporate raider Carl Icahn, who is bent on overthrowing the struggling web search pioneer's board.
WASHINGTON: Billionaire corporate raider Carl Icahn announced a bid yesterday to unseat the board of Yahoo, saying the Internet firm had "completely botched" merger talks with Microsoft.
5 million yacht of friend Vincent Bollore, a leading industrialist and corporate raider who is one of Bouygues' biggest shareholders, Sarkozy's staffers dropped hints their boss was off to recharge his batteries at a monastery.
7 billion hostile takeover bid brokered by Australia's Macquarie Bank and led by US corporate raider Texas Pacific Group is successful.
Billionaire corporate raider Kirk Kerkorian smells blood and is buying up GM's shares at knockdown money.
A corporate raider who was inspiration for greedy Gordon Gekko in hit film Wall Street is locked in a payout battle with hundreds of former North East asbestos workers.

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