- Published on
Legal Terms - dawn raid
1. An offer made by one or more parties to purchase a sizable number of shares at a price over market value, with the offer being valid for a relatively limited time (sometimes hours). Smaller shareholders might not have much of an opportunity to take advantage of the offer due to the speed requirements. The rate at which these acquisitions can be made is limited by rules. 2. An unexpected formal visit of the *Competition and Markets Authority looking into possible violations of competition law, such as cartels.
1. An offer made by one or more parties to purchase a sizable number of shares at a price over market value, with the offer being valid for a relatively limited time (sometimes hours). Smaller shareholders might not have much of an opportunity to take advantage of the offer due to the speed requirements. The rate at which these acquisitions can be made is limited by rules. 2. An unexpected formal visit of the *Competition and Markets Authority looking into possible violations of competition law, such as cartels.
0 Comments