What is RAIDER?

A hostile buyer who tries to buy another company. They usually strip assets or get greenmail payments. This was common in the 1980s but there are still buyers like this out there. Refer to hostile takeover.

More On This Topic

Link to This Definition
Did you find this definition of RAIDER helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary