acting in concert(redirected from act in concert)
Acting in concert
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Acting in Concert
Describing two or more investors coordinating with each other to achieve the same investment goal. This especially applies to two institutional investors acting in concert; for example, they may act together to take over a smaller company and split the management duties between them. See also: Joint venture.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
acting in concert
Two or more investors acting together to achieve a common goal. For example, a number of relatively large investors may accumulate a major position in a security in an attempt to influence management decisions.
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.