Individual 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
Individual or corporation who purchases a controlling interest in a company's stock The raider's purpose is to gain control of the target company and to instate new management Accumulation of more than 5% of the target company's outstanding shares must be reported to the SEC, the exchange in which the target is listed, and the target itself
Often used in risk arbitrage Individual or corporation investor who "intends" to take control (often ostensibly for greenmail) of a company 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 S E C , The exchange of listing, and the target itself See: takeover
Person or group conspiring to take control of a company without the cooperation or consent of the companys management Once in control, the group often "raids" the company by selling off portions of the company for a profit
1. Raiders are people who enter a building or place by force in order to steal something. The raiders escaped with cash and jewellery. = robber see also corporate raider. someone who goes into a place and steals things