raiding


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Raiding

The act or practice of an investor or a group of investors buying a majority stake or a significant minority stake in a publicly-traded company such that it can dismiss current managers and replace them with handpicked successors. Raiding often occurs when the company's share price has recently fallen significantly. It is less commonly called venture arbitrage. See also: Hostile takeover, Greenmail.

raiding

An attempt to purchase a sufficient number of shares of a company's stock through a tender offer so that control of the target's operations can be taken away from its current management. Also called venture arbitrage.
References in classic literature ?
Here, according to Nicholas's description of the beds and the manner of raiding, it was possible for us to catch the pirates in the act of stealing oysters, and at the same time to get them in our power.
I bustled about in quite housewifely fashion, procuring soothing lotions for her sunburn, raiding Wolf Larsen's private stores for a bottle of port I knew to be there, and directing Thomas Mugridge in the preparation of the spare state- room.