One of the mysteries of the English language finally explained.
A financier who makes a practice of making hostile takeover bids for companies, either to control their policies or to resell them for a profit.
- ‘While some of the high-cost craft workers might have to be retained to promote the craftsmanship in marketing the brand, a ruthless corporate raider would see off most of the manufacturing workforce with a statutory redundancy payment.’
- ‘Or maybe it makes it more difficult for a corporate raider to get sufficient insight into the value that could be extracted by intensive management and redevelopment of the property portfolio?’
- ‘These global corporate raiders are grabbing for our most essential public resource: water.’
- ‘During all the years of doing battle, Hanson plc became an unwieldy giant, earning Lord Hanson the reputation as a ruthless corporate raider and a pioneer of the UK conglomerate.’
- ‘It seems to me that this is a classic set-up to rip off farmers' assets into the hands of corporate raiders.’
- ‘Carl Icahn, the former corporate raider, has turned into a shareholder champion.’
- ‘Oilman Boone Pickens, who came to prominence as an 1980s corporate raider, has bet big lately on rising oil prices - and won.’
- ‘Whether these deals are being done by corporations attempting to gain market share or the new, cash-rich, private equity corporate raiders hunting for undervalued companies, the end result is mergermania.’
- ‘There were no corporate raiders, and profit maximization wasn't yet part of the boardroom vocabulary.’
- ‘Already the sicker specimens are being targeted by the corporate raiders who calculate the point at which their capital value is at a substantial discount to their assets.’
- ‘The New Zealand stock exchange - by now widely regarded as an uncontrolled playground for corporate raiders and financial speculators - had been particularly badly hit by panic selling.’
- ‘Most corporate raiders think one or two steps ahead.’
- ‘When the sports magazine he's worked at for 20 years is taken over by a soulless corporate raider, he is demoted and his new boss is a 26-year-old hotshot played by Topher Grace.’
- ‘At worst, they're unethical corporate raiders who can lay waste to an entire office or division.’
- ‘Through the years, they have learned how to cope with corporate raiders; how to empower employees; how to develop incentives; how to adapt to the computer; and how to master new techniques of communication.’
- ‘Still, no one on Wall Street predicts a corporate raider will go after GM anytime soon - in part because most think its decline is far from over.’
- ‘But despite the supportive noises from some stockbroker analysts, is O'Brien, once the hero of competition, turning into a corporate raider looking to relieve Eircom shareholders of their assets at a bargain-basement price?’
- ‘There are more than enough corporate raiders in the free market willing to take advantage of the vulnerability of African countries.’
- ‘Although some pension funds supported corporate raiders to dislodge ineffective managers, broad-based long-term investors lose more than they gain from takeovers.’
- ‘But corporate raiders went after strong companies as well as weak ones, and the threat of being eaten led strong ones to do things that weren't economically efficient.’
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