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Raider

An individual or entity attempting to acquire enough equity in a Target company to assume a controlling interest, usually through a hostile takeover Bid. Such an Interest allows the Raider to replace the existing management with his Own representatives, completing the takeover. A Raider would typically Target a company with undervalued Asset, which would be relatively inexpensive to take over. Once the Raider has accumulated 5% of the shares in a company, he/she must report this fact to the SEC and the Target company.

Related Terms: 15 Asset, Bid, Call, Interest, Low, Lows, Own, Representative, Raider, Repo, SEC, Share, Takeover, Target, UIT
Other Related Pages: Category: Mergers_and_Acquisitions Starting With: R
Semi Related Terms: 655 CLICK HERE TO VIEW
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