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 ?
Less options The MoD's options to replace the Black Shark have narrowed down to two -- government to government purchases of Germany's ' SeaHake' or France's ' F- 21' future heavyweight torpedo.
Three of the four ' Arihant' class ballistic missile submarines are equipped to fire Black Shark torpedoes