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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

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Definition 1.

A premium paid to a raider to get him/her to terminate a takeover attempt.
 

Definition 2.

The holding of a large block of stock of a target company by an unfriendly company, with the object of forcing the target company to repurchase the stock at a substantial premium to prevent a takeover.
 
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