Definition: Corporation considered for takeover.
Definition: [crh] Often used in risk arbitrage. Firm chosen as an attractive takeover candidate by a potential acquirer. The acquirer may buy up to 5% of the target's stock without public Definition: EF="/?rd=disclosure">disclosure, but it must report all transactions and supply other information to the SEC, the exchangeDefinition: the target company is listed on, and the target company itself once the 5% threshold is hit. See: Raider.
<< Go back