Corporate Raider


Corporate Raider
An investor who buys a large number of shares in a corporation whose assets appear to be undervalued. The large share purchase would give the corporate raider significant voting rights, which could then be used to push changes in the company’s leadership and management. This would increase share value and thus generate a massive return for the raider.

Companies have used a variety of strategies to thwart the efforts of corporate raiders. These include shareholders’ rights plans (poison pills), super-majority voting, staggered boards of directors, buybacks of shares from the raider at a premium price (greenmail), dramatic increases of the amount of debt on the company’s balance sheet and strategic mergers with a "white knight."

Famous corporate raider Carl Icahn used tactics such as taking a company private, compelling a spin-off, calling for an entirely new board of directors or calling for a divestiture of assets to make a fortune with his hostile takeovers.


Investment dictionary. . 2012.

Look at other dictionaries:

  • corporate raider — ˌcorporate ˈraider noun [countable] FINANCE a person or company that tries to gain control of another company by buying most of its shares: • The company became the subject of a hostile takeover bid from corporate raider Ronald O. Perelman. * * * …   Financial and business terms

  • corporate raider — n. (Finance) a person who purchases or attempts to purchase a controlling interest in a publicly traded company against the wishes of the current management. Note: such a buyout is caled a {hostile takeover}. Syn: buyout specialist, takeover… …   The Collaborative International Dictionary of English

  • corporate raider — corporate raiders N COUNT A corporate raider is a person or organization that tries to take control of a company by buying a large number of its shares …   English dictionary

  • corporate raider — noun count BUSINESS a person or organization that tries to take control of a company by buying a large number of its SHARES …   Usage of the words and phrases in modern English

  • Corporate Raider — Ein Corporate Raider, auch Unternehmensplünderer genannt, ist ein Finanzinvestor, der eine Mehrheitsbeteiligung an meist börsennotierten Unternehmen erwirbt, um sie anschließend entweder mit Gewinn weiterzuveräußern oder zu zerschlagen, das heißt …   Deutsch Wikipedia

  • corporate raider — UK / US noun [countable] Word forms corporate raider : singular corporate raider plural corporate raiders business a person or organization that tries to take control of a company by buying a large number of its shares …   English dictionary

  • corporate raider — a person who seizes control of a company, as by secretly buying stock and gathering proxies. [1985 90] * * * ˌcorporate ˈraider 7 [corporate raider] noun (business) a person or company that regularly buys large numbers of shares in other… …   Useful english dictionary

  • corporate raider — A person or company that buys a substantial proportion of the equity of another company (the target company) with the object of either taking it over or of forcing the management of the target company to take certain steps to improve the image of …   Big dictionary of business and management

  • corporate raider — See raider …   Black's law dictionary

  • corporate raider — See raider …   Black's law dictionary


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