Definition: Someone who attempts to gain control of a company by purchasing its stock. Definition: [crh] Individual or corporate investor who intends to take control of a company (often ostensibly for greenmailDefinition: ) by buying a controlling interest in its stock and installing new management. Definition: 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.

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