Premium raid

Definition:

An attempt to acquire a large portion of a company's stock to gain control by offering stockholders a premium over the market value for their shares.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Fully depreciated

An asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes.

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