corporate raider
(FINANCE) someone like Carl Icahn or Victor Posner; a manager of a PE fund or takeover vehicle (e.g., T. Boone Pickens with Mesa Petroleum) who organizes hostile takeovers of undervalued corporations. WHY THEY'RE BAD Corporate raiders insist they're looking out for the shareholder by forcing the managers to focus on increasing the value of the firm. If a company's share prices are high, it supposedly reflects well on the management of the firm; if the prices are low, the shareholders presumably would benefit from the takeover battle and subsequent change of management. The flaw in this argument is (a) shareholders are not the only stakeholders in the corporation; workers, neighbors, and consumers also have interests that deserve protection; and (b), the impact of the corporate raider on FUTURE shareholders is inherently damaging over the long run because the targeted corporation's share prices are driven to a higher baseline anyway. After the takever battle between the raider and management, FUTURE buyers of the stock pay a higher price but are stuck with stagnant share prices because further increases don't make economic sense. If the leveraged buyout succeeds, the company is saddled with debt in excess of its book value, which imposes an extreme burden; if it fails (greenmail), then company is still saddled with immense debt.
The Urban Dictionary Mug
got one for Cole M.'s mother, she loved it! Best mediocrely- timed sex ever!!!
The mug is beautiful and I love it! Thank you for having a handle large enough for a man to hold onto! ♥️
Mug printed nicely. Great gift idea.
Really great! Your custom mugs are amazing and hilarious
lit af my name is Frey and the def isnt true but its so great
Cole M. got me one for my birthday, fastest sex ever
Cole M. got this for me. best sex of my life.
Got it for Cole M. girlfriend. Slowest sex of my life.
Fucking awesome. Bought this while drunk and don't regret it.
Cole M. gifted one for me on my birthday. I will never forget that day. 10/10
I didn’t get one yet but if I did it would also be for Cole M.’s girlfriend, we would have amazing sex
Was a gift and arrived on time. Just as advertised. Lots of fun.
The price is a little bit expensive, but the gift arrived as ordered. Thanks!
The price was a little expensive, but the gift arrived as ordered. Thanks!
Great mug got one for my highschool crush
I was very pleased with the mug and I was thrilled that I could purchase a customized item that perfectly suited the person I was gifting. The only issue I had was that it didn't have the quote from the tv show the word came from as that was pictured on the mug prior to purchase.
Came out just as described! Had the full definition. Very pleased!
Perfect gift As a joke I gave one to my mate but I costumised it. It said tom drunk 24/7 ugly and got lovely hair. The lovely hair part was a joke coz he don’t have any. It was his favourite gift he got for his birthday and he drinks his beer out of it 😂
Great mug…. Got one for Cole M.’s girlfriend.
I ordered a customized mug for my gf and everything came out well. There were no autocorrect mistakes and the mug was unscratched. Would shop here again
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