corporate raider - meaning and definition. What is corporate raider
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What (who) is corporate raider - definition

PROCESS OF BUYING A LARGE STAKE IN A CORPORATION AND THEN USING SHAREHOLDER VOTING RIGHTS TO REQUIRE MAJOR CHANGES
Corporate raider; Corporate raiding

corporate raider         
¦ noun a financier who makes a practice of making hostile takeover bids for companies.
corporate raider         
(corporate raiders)
A corporate raider is a person or organization that tries to take control of a company by buying a large number of its shares. (BUSINESS)
N-COUNT
Corporate raid         
In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company.

Wikipedia

Corporate raid

In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company.

Corporate raids were particularly common between the 1970s and the 1990s in the United States. By the end of the 1980s, management of many large publicly traded corporations had adopted legal countermeasures designed to thwart potential hostile takeovers and corporate raids, including poison pills, golden parachutes, and increases in debt levels on the company's balance sheet. In later years, some corporate raiding practices have been used by "activist shareholders", who purchase equity stakes in a corporation to influence its board of directors and put public pressure on its management.

Examples of use of corporate raider
1. Although it declined to name the stalker, attention immediately focused on French corporate raider Vincent BollorÃ
2. Kirk Kerkorian, the corporate raider, has also begun buying chunks of the company‘s shares.
3. Against many enemies, Koizumi has unleashed candidates known as "assassins," including several female celebrities and a young corporate raider.
4. In recent weeks, the veteran corporate raider Carl Icahn has been gathering support from other shareholders to press for change at the company.
5. BP chairman Peter Sutherland then publicly attacked the Russian partners, accusing them of corporate raider tactics and criticizing the Kremlin for not stopping them.