shark

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Related to sharks: Great white sharks

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 ?
Well," said the shark, "we know these pirates to be a bad lot--especially Ben Ali.
So the shark went off and chased Ben Ali over to the Doctor.
They might well have been considered winged sharks, so striking was their resemblance to those ferocious rangers of the deep.
But the sharks and sharks of various orders and degrees, he concluded, were on the surface.
The sea persisted in flinging them upon her bit of sand, and she persisted, until her strength failed, in thrusting them back into the sea where the sharks tore at them and devoured them.
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.
I have always understood that the natives are not afraid of sharks.
The storm shall not wake thee, nor shark overtake thee, Asleep in the arms of the slow-swinging seas
By-and-by Irene came to the entrance of our cave, where by the light of her torch we could see her exploring a shark that had been harpooned by David earlier in the day.
Fully a dozen feet in length, with the unmistakable phosphorescent cat's eye gleaming like a drowning star, I knew it for what it was, a tiger shark.
By this time, he must have been swallowed by the Terrible Shark, which, for the last few days, has been bringing terror to these waters.
It was an even toss whether the shark or we would get him, and it was a matter of moments.