shark


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Shark

A company that is offering or executing a hostile takeover. If a firm makes an offer to shareholders to acquire a publicly-traded company after the board of directors refused, or if it bypasses the board completely, one refers to the acquiring firm as a shark. This is a derogatory term, and so one might expect the board, management, or even employees, to use it more than shareholders. See also: Shark repellent.

shark

An investor or firm that is hostile to the target firm's management and that is interested in taking over the firm.
References in classic literature ?
asked the pirate, looking down sideways at the big shark who was smelling his leg under the water.
Then the Doctor turned to the big shark, and waving his hand he said,
She breathed a prayer to her shark god, slipped over the side, and began to swim.
A half hour went by, and the shark began to grow bolder.
I wouldn't throw a sick cat overside with a shark around.
Don't tell me it is necessary for a shark to turn on its back.
Knowing fully the peril of my act, I thrust the blunt-sharp end of my squid-stick into the side of the shark, much as one would attract a passing acquaintance with a thumb-nudge in the ribs.
The shark dropped back into the sea, helpless, yet with its full strength, doomed--to lingering starvation--a living death less meet for it than for the man who devised the punishment.
They might well have been considered winged sharks, so striking was their resemblance to those ferocious rangers of the deep.
But sharks were sharks, and he had known of more than one good swimmer drowned in a tide-rip.
But the sharks and sharks of various orders and degrees, he concluded, were on the surface.
He had his choice, based on bitter experience, between three days' debauch among the sharks and harpies of the Barbary Coast and a whole winter of wholesome enjoyment and sociability, and there wasn't any doubt of the way he was going to choose.