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 periodicals archive ?
Mon-Thu, mac) *** Magic Mike (15) Wannabe furniture designer Channing Tatum initiates willing innocent Alex Pettyfer into the male stripper game, working for Matthew McConaughey's sharklike club manager.
It sports the signature sharklike grille and the biggest lion badge seen so far.
5 million, "Haialarm auf Mallorca" combines Germans' greatest love, vacation islands, and fear, being eaten by a prehistoric sharklike animal.
Watching the activity from behind the security cameras is Victor Foss, a sharklike casino manager who wants to use Mahowny's cash-flow potential as a link to Las Vegas.
There is Takashi Murakami's exuberant goofiness with a nightmarish edge in his five-panel painting called Pity, 1997: a Pop-colored delirium of sharklike teeth, multiple mouths, eyes, and gullets.
Supposedly, the term reinforces a tendency to think of these whales as sharklike marauders.
Louise Gluck's poems, however, move in an unmistakably sharklike fashion, their flukes and square jaws cutting the sea horizontally.