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Raider |
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RaiderIndividual or corporate investor who intends to take control of a company (often ostensibly for greenmail) by buying a controlling interest in its stock and installing new management. Raiders who accumulate 5% or more of the outstanding shares in the target company must report their purchases to the SEC, the exchange of listing, and the target itself. See: takeover.Raider Similar MatchesCorporate raiderCorporate raiderAn individual or organisation who seeks to take over a company by purchasing its shares. |
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