| 释义 |
dawn raid
1. An offer by a person or persons (see concert party) to buy a substantial quantity of shares in a public company at above the market value, the offer remaining open for a very short period (usually hours). Because of the speed required smaller shareholders may have little opportunity to avail themselves of the offer. Rules restrict the speed at which such acquisitions can be made. 2. An unannounced visit by officials of the Competition and Markets Authority investigating cartels or other breaches of competition law. |