street sweep

Street Sweep

An offer of a stock allowing institutional investors and (occasionally) high net-worth individuals to buy a large percentage of a company's equity, usually at a price higher than the previous offer of stock. Street sweeps are fairly common in takeovers; they may also be used as antitakeover measures. A street sweep is also known as a market sweep.

street sweep

An investment strategy in which large amounts of a company's stock are quickly purchased. Street sweeps generally occur in the stock of a company involved in a takeover attempt. Also called market sweep.

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.

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References in periodicals archive ?

He said: "A number of Oxton residents have been in touch to tell me that when they have phoned streetscene to report dumped rubbish but the council has told them it will only be removed during the scheduled street sweep of the area.

Row over waste policy

The highest concentrations are those of Mn, Zn, Cu (in street sweep) and Pb (in sludge).

According to the experimental model data, by performing a flame atomic absorption spectrometry method, heavy metal concentration in street sweep, as determined from the sweep out of intensive transportation points in Zirmunai district, directly depends on transport amounts.

The highest concentrations measured are Mn, Zn, Cu (in street sweep) and Pb (in sludge).

Investigation into heavy metals in storm wastewater from Vilnius Zirmunai district and pollutantits spread model in Neris river/Sunkiuju metalu kiekiu tyrimas lietaus nuoteku isleistuvuose nuo Vilniaus Zirmunu rajono ir ju sklaidos modelis upeje

Dixie plans to win Adam's heart with the statue and a spot in the Hapkido tournament by beating all corners in the Street Sweep Contest (the winner automatically gets into the tournament).

Carey, Mike. Re-gifters

"The street sweeps intensified the closer we got to the games," he says.

City officials and members of the Atlanta Committee for the Olympic Games deny that the city has conducted street sweeps and intensified pressure on the homeless leading up to the Games.