An act of buying a corporation’s stock, threatening to take control, and then demanding that those shares be purchased back by the corporation at a premium.
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Posted: August 6, 2009Topics: Glossary
About the Author
Will Dearman is the Editor of TheStrategyBlog. His professional experience includes acquiring and later selling a portfolio of Internet-based companies as well as working as a credit underwriter in Bank of America's commercial middle market bank. His interests include finance, innovation, strategy and social technology. Find him on Twitter!