Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
The act or practice of an investor or a group of investors buying a majority stake or a significant minority stake in a publicly-traded company such that it can dismiss current managers and replace them with handpicked successors. Raiding often occurs when the company's share price has recently fallen significantly. It is less commonly called venture arbitrage. See also: Hostile takeover, Greenmail.
An attempt to purchase a sufficient number of shares of a company's stock through a tender offer so that control of the target's operations can be taken away from its current management. Also called venture arbitrage.