|
 |
Investing Glossary:
Parking violation
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- P -
| Term: |
|
| Definition: |
| Often used in Risk arbitrage. Illegal holding of Stock by a third party, or the financing of such a stock, in which the third party`s sole reason for holding the stock is to conceal ownership or Control of a raider, thus sidestepping the Williams Act requirements of 5% holding limits. See: Rule 13d.
|
|
|
| |
|
