shark watcher


Also found in: Dictionary.

Shark watcher

Often used in risk arbitrage. Firm specializing in the early detection of takeover activity. Such a firm, whose primary business is usually the solicitation of proxies for client corporations, monitors trading patterns in a client's stock and attempts to determine the identity of parties accumulating shares.

Shark Watcher

A specialist or firm that specializes in early detection of hostile takeovers. Client corporations hire shark watchers to monitor trade patterns and see what companies might be accumulating shares. Common clients include firms concerned about a possible takeover and third-party firms interested in engaging in risk arbitrage. A shark watcher's primary business is often the solicitation of proxies from shareholders. See also: Antitakeover measure.

shark watcher

A company that monitors market rumors and trading activity in an effort to identify takeover attempts.
Mentioned in ?
References in periodicals archive ?
West Wales has provided particularly fertile ground for dolphin, whale and shark watchers, with even the awe-inspiring killer whale and a Porbeagle shark spotted off the coast in recent months.
Exotic creatures arriving on our shores
In recent years, Oslob in Cebu has also become a diving destination for whale shark watchers, although environmental groups question the soundness of local practices, as fishermen feed the whale sharks to ensure their presence.
It's official: 'Butanding' an endangered species

Financial browser ?
Full browser ?