takeover bid
takeover bid 接收出价；兼并要约 一公司意图获得另一公司控制和管理权的方式，主要包括购买目标公司的股份、发出兼并要约、转让资产或建议目标公司主动合并到本公司中来。
Search Results for: TAKEOVER
takeover
takeover n. & v.接收；接管 通常指以收购股票等方式对目标公司进行吸收合并，导致目标公司控股权的改变，即并不一定要获得企业的全部所有权，只需拥有对该企业的控制和管理权即可。 (→tender offer)
reverse bear hug
A maneuver by which a takeover target responds to a bidder’s offer by showing a willingness to negotiate but demanding a much higher price than that offered. • This is usu. an antitakeover tactic.
corporate acquisition
corporate acquisition. The takeover of one corporation by another if both parties retain their legal existence after the transaction. Cf. MERGER(8).
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poison pill
A corporation’s defense against an unwanted takeover bid whereby shareholders are granted the right to acquire equity or debt securities at a favorable price to increase the bidder’s acquisition costs. — Often shortened to pill. See TAKEOVER DEFENSE. Cf. PORCUPINE PROVISION. [Cases: Corporations 310(1). C.J.S. Corporations §§ 475, 477–484, 487–489.]
sandbagging
sandbagging, n. 1. A trial lawyer’s remaining cagily silent when a possible error occurs at trial, with the hope of preserving an issue for appeal if the court does not correct the problem. • Such a tactic does not usu. preserve the issue for appeal because objections must be promptly made to alert the trial
corporate raider
corporate raider 公司袭击者 指通过购买目标公司的股票与替代管理的方式，违背公司的意愿而试图取得其控制权的个人或公司。该词常用来指敌意收购人〔hostile bidder〕，简作raider。 (→raider; takeover; white knight)
recapitalization
recapitalization, n. An adjustment or recasting of a corporation’s capital structure — that is, its stocks, bonds, or other securities — through amendment of the articles of incorporation or merger with a parent or subsidiary. • An example of recapitalization is the elimination of unpaid preferred dividends and the creation of a new class of
risk arbitrage
Arbitrage of assets that are probably, but not necessarily, equivalent; esp., arbitrage of corporate stock in a potential merger or takeover, whereby the target company’s stock is bought and the acquiring company’s stock is sold simultaneously.
insider trading
The use of material, nonpublic information in trading the shares of a company by a corporate insider or other person who owes a fiduciary duty to the company. • This is the classic definition. The Supreme Court has also approved a broader definition, known as the “misappropriation theory”: the deceitful acquisition and misuse of information