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Finance Dictionary and Glossary of Investment Terms
Shark watcher
Definition 1.
Often used in risk arbitrage. Firm specializing in the early detection of takeover activity. Such a firm, whose primary business is usually the solicitation of proxies for client corporations, monitors trading patterns in a client's stock and attempts to determine the identity of parties accumulating shares.
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Definition 2.
A firm specializing in the early detection of takeovers. The firm's primary business is usually the solicitation of proxies for client corporations.
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