raider

Raider

An individual or organization who tries to take over a company by initiating a hostile takeover bid.

Notes:

Raiders look for companies with undervalued assets and then attempt the hostile takeover by purchasing enough shares to have a controlling interest.

See also: Acquisition, Dawn Raid, Hostile Takeover, Saturday Night Special, Takeover, Tender Offer

---

Raider

Individual or corporate investor who intends to take control of a company (often ostensibly for greenmail) by buying a controlling interest in its stock and installing new management. Raiders who accumulate 5% or more of the outstanding shares in the target company must report their purchases to the SEC, the exchange of listing, and the target itself. See: takeover.

---

raider

A person or firm that attempts a takeover of a company. Also called corporate raider. Compare target company, white knight. See also greenmail, junk financing, shark repellent.