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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

shark

An investor or firm that is hostile to the target firm's management and that is interested in taking over the firm.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.