A raider suddenly and unexpectedly informs a company that he intends to acquire it and demands an immediate decision from the target company (a takeover approach in which the acquirer – without previous warning – mails the management of the target company a letter, declaring the acquisition proposal and demanding a quick decision). – See Blitzkrieg-
Takeover bid, Mergers and acquisitions, Greenmail, Macaroni defense, MaterialAdverse-Change clause, Shark Watcher, Takeover announcement, Surprise attack.
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