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raider[takeover]


raider[takeover] 狙击手〔收购〕 

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 interest allows the raider to replace the existing management with its own representatives,completing the takeover.A raider would typically target a company with undervalued assets,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.

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