Parking violation

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Parking violation

Often used in risk arbitrage. Illegal holding of stock by a third party, or the financing of such a stock, in which the third party's sole reason for holding the stock is to conceal ownership or control of a raider, thus sidestepping the Williams Act requirements of 5% holding limits. See: Rule 13d.

Parking Violation

The act of illegally holding or financing stock on behalf of another party with the intent to conceal that party's ownership. Parking violations occur when an investor would otherwise own more that 5% of shares outstanding, which would require him/her to register certain information with the SEC. Parking violations usually occur when a corporate raider wishes to conceal his/her intent to acquire a company and enlists another's help in doing so by asking him/her to hold or finance a certain amount of stock. See also: Williams Act.
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Pikes Hill Road, a red sedan parked on dirt road had not been moved for several weeks; parking citation issued for blocking fire road access.
Integrate a parking citation management system that can easily adapt and run on up-to-date technology to meet the changing environment of the parking industry.
Petry said the city is required to retain parking citation evidence, including photos, for two years.
Tenders are invited for Parking Citation Processing System
Tenders are invited for automated parking citation and processing services.
Tenders are invited for professional services for the software and implementation services for a parking citation administration and revenue reconciliation system includes provides information essential to soliciting meaningful recommendations and realistic commitments from the proposers.
Courtesy - Complainant alleged an officer yelled at him about his illegally parked car, then issued him a parking citation in retaliation.